The Federal Board of Revenue (FBR) has set a deadline of July 15, 2023, for all officers of the Inland Revenue Services (IRS) and Pakistan Customs Services (PCS) to submit their Declaration of Assets and Liabilities for the fiscal year ending on June 30, 2023.
Islamabad, May 29, 2023: The Federal Board of Revenue (FBR) has issued a directive to all chiefs, urging them to ensure that officials under their administrative control file their asset declarations.
ISLAMABAD: Federal Board of Revenue (FBR) has drafted rules to share information of asset declarations of civil servants with commercial banks.
The Federal Board of Revenue (FBR) has taken a firm stance against tax officials who have failed to submit their annual asset declarations, signaling the commencement of penal action against non-compliant officers.
ISLAMABAD: Federal Board of Revenue (FBR) on Friday allowed taxpayers to file declarations under amnesty scheme 2019 up to September 25, 2021. In this regard, the FBR issued Circular No. 6 of 2022 for relaxing in the filing of declaration under Asset Declaration Ordinance, 2019. The Asset Declaration Ordinance, 2019 was promulgated on May 14, […]
ISLAMABAD: Federal Board of Revenue (FBR) on Friday directed the officers of the Inland Revenue Service (IRS) to submit Performance Evaluation Reports (PERs) and Declaration of Assets by September 06, 2021. The FBR through a circular said that PERs or Asset Declaration or both of the following officers, who are in promotion zones, are missing: […]
The Federal Board of Revenue (FBR) has raised concerns over a significant number of officers in BS-19 and BS-20 who have been found non-compliant with the mandatory filing of asset declarations.
ISLAMABAD: The Federal Board of Revenue (FBR) has directed officials of Inland Revenue Service and Pakistan Customs to submit their asset declarations by July 31, 2021. A notification issued on Monday, the FBR directed all the officers and officials to submit their asset declaration ending June 30, 2021 and Performance Evaluation Report due for the […]
ISLAMABAD: The senior officials of the Federal Board of Revenue (FBR) have been authorized to access declarations of undisclosed income and assets under amnesty scheme of year 2019. The FBR issued SRO 369(I)/2021 to notify Assets Declaration Rules, 2021 dated March 31, 2021. Under rule 15 access has been authorized to declarations under the act […]
ISLAMABAD: The Federal Tax Ombudsman (FTO) has launched investigation of over 12,000 pending cases of aggrieved taxpayers who could not avail Assets Declaration Scheme 2019 despite payment of due taxes before the deadline. According to FTO News Letter, for availing the facility, the taxpayers had already paid tax amounting to Rs2.6 billion before the deadline, […]