CNIC condition on purchases remain part of law, deferred till September: FBR chairman

KARACHI: The chairman of Federal Board of Revenue (FBR), Shabbar Ziaid on Wednesday said that condition of providing Computerized National Identity Card (CNIC) on purchase of above Rs50,000 is remain part of... Read more »

FBR defers action against traders till September 30

ISLAMABAD: Federal Board of Revenue (FBR) has decided not to take any adverse action under tax laws against traders till September 30, 2019 regarding information obtained through Computerized National Identity Card (CNIC). Read more »

Female consumers can present CNIC of husband, father for purchase above Rs50,000: FBR

ISLAMABAD: Federal Board of Revenue (FBR) on Monday said that female consumer can present CNIC of her husband or father for making purchase above Rs50,000. Read more »

No compromise on documentation of economy: FBR chairman

ISLAMABAD: Shabbar Zaidi, Chairman, Federal Board of Revenue (FBR) on Friday said that the government will not compromise documentation of economy by surrendering condition of CNIC on purchases. Read more »

FBR taking all measures to broaden tax base: Shabbar Zaidi

ISLAMABAD: Syed Shabbar Zaidi, Chairman, Federal Board of Revenue (FBR) has said that the government is taking all measures to broaden the tax base without hurting any sector of the economy. Read more »

Finance Act 2019: CNIC condition for sales tax invoices applicable from August 01

KARACHI: The condition of obtaining CNIC number for unregistered persons at the time of supplies by registered person will be applicable from August 01, 2019. The condition has been proposed to be... Read more »

US Dollar investment certificates launched for overseas Pakistanis

ISLAMABAD: Prime Minister Imran Khan launched the ‘Pakistan Banao’ US Dollar Certificates exclusively for overseas Pakistanis in a ceremony held here on Thursday.     A statement said that it is an... Read more »

Profit on Debt: FBR makes mandatory for banks to provide details of account holders

ISLAMABAD: Federal Board of Revenue (FBR) has made it mandatory for banks to provide details of all those persons receiving profit on their deposits exceeding Rs 1 million for filers and Rs500,000... Read more »