Islamabad, December 25, 2023 – The Federal Board of Revenue (FBR) is flexing its muscles in a bold move to capture 1.5 million new taxpayers and boost tax base of Pakistan.
Karachi, December 24, 2023 – Pakistan has updated its list of mandatory tax return filers in a move to enhance fiscal transparency and broaden the tax base.
Karachi, December 24, 2023 – The Federal Board of Revenue (FBR), Pakistan’s premier tax agency, is gearing up to suspend bank accounts of individuals who have failed to file their income tax returns, as per an official statement released today.
Karachi, November 29, 2023 – In a concerted effort to expand the national tax base, tax authorities in Pakistan, led by the Federal Board of Revenue (FBR), have implemented a series of measures aimed at identifying and registering new taxpayers.
Islamabad, November 24, 2023 –Pakistan has developed a new documentation law aimed at bringing wholesalers and retailers under the tax net.
The Institute of Chartered Accountants of Pakistan (ICAP) has put forward a set of recommendations to the authorities aimed at identifying tax evaders and expanding the tax base.
ISLAMABAD: The Federal Board of Revenue (FBR) has sought assistance from tax practitioners for broadening of tax base. In this regard a Memorandum of Understanding (MoU) was signed between the FBR and Pakistan Tax Bar on February 07, 2022 at FBR HQ Islamabad. READ MORE: FBR asked to redouble efforts for broadening tax base The […]
ISLAMABAD: Shaukat Tarin, Adviser to the Prime Minister on Finance and Revenue, on Monday asked the Federal Board of Revenue (FBR) to redouble its efforts for broadening the tax base. The adviser expressed his full support and confidence to the FBR team and advised to redouble their efforts and launch the taxpayer outreach initiative at […]
KARACHI: Federal Board of Revenue (FBR) will get access to information of all persons entering or leaving Pakistan from federal investigation agency and bureau of emigration for the purpose of broadening of tax base. As per the newly proposed amendment to Income Tax Ordinance, 2001 a new section 47(B) has been introduced through Finance Bill, […]
KARACHI: The efforts of tax officials for broadening the tax base (BTB) helped Regional Tax Office (RTO)-II Karachi to achieve above 60 percent revenue collection growth in February 2020. “The tax office worked aggressively and brought many new taxpayers into the tax net belonging to various sectors of the economy,” Badaruddin Ahmed Qureshi, Chief Commissioner […]