Islamabad, August 7, 2024 – The government on Wednesday appointed Rashid Mahmood, a BS-21 officer of the Pakistan Administrative Service, as the chairman of the Federal Board of Revenue (FBR).
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FBR Chairman to Address Taxation Concerns on Electricity Bills in Meeting with Karachi Traders
Karachi, August 30, 2023 – In an effort to alleviate mounting tensions sparked by exorbitant electricity bills, Malik Amjaz Zubair Tiwana, the Chairman of the Federal Board of Revenue (FBR), is set to convene a pivotal meeting with traders in Karachi on September 1, 2023, according to official sources.
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FBR Chairman Rejects Tax Exemption for Realtors Amid IMF Stand-By Arrangement
Islamabad, August 7, 2023 – In a meeting with representatives from the real estate sector, Malik Amjed Zubair Tiwana, the Chairman of the Federal Board of Revenue (FBR), firmly declined to grant any tax exemption to the realtors.
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Amjad Zubair Tiwana Appointed as New FBR Chairman
Islamabad, August 2, 2023 – The federal government has made a significant appointment by selecting Amjad Zubair Tiwana as the new Chairman of the Federal Board of Revenue (FBR), the apex tax agency in Pakistan. This decision was conveyed through an official notification issued by the Establishment Division.
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Karachi Tax Offices bid farewell to FBR Chairman Asim Ahmad
Karachi, July 23, 2023 – A heartwarming farewell dinner was organized in honor of Chairman Federal Board of Revenue (FBR), Asim Ahmad, by the Heads of all IRS (Inland Revenue Service) Field Formations of the Karachi region.
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FBR Chairman Urges Taxpayers to Fulfill National Duty by Filing Tax Returns
Islamabad, July 14, 2023 – Asim Ahmad, the Chairman of the Federal Board of Revenue (FBR), emphasized the importance of taxpayers fulfilling their national duty by filing annual tax returns.
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FBR chairman directs IR offices to ensure recovery of tax arrears
LAHORE: Asim Ahmad, Chairman, Federal Board of Revenue (FBR) has directed offices of Inland Revenue (IR) to ensure recovery of tax arrears.
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FBR chairman issues directives to safeguard revenue, achieve targets
KARACHI: Asim Ahmed, Chairman, Federal Board of Revenue (FBR) on Saturday issued directives to tax offices to make all efforts to safeguard revenue.
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FBR chairman directs chief commissioners to meet December collection target
KARACHI: Asim Ahmed, Chairman, Federal Board of Revenue (FBR) on Saturday directed chief commissioners to ensure meeting revenue collection target for the month of December 2022.
The FBR chairman visited Large Taxpayers Office (LTO) Karachi and held meeting with Chief Commissioners of all the field formations stationed at Karachi.
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Asim Ahmed reviewed the performance of all Chief Commissioners vis-à-vis targets assigned for the month of December, 2022.
Detailed presentations, outlining the projection and strategy for achieving the budgetary target for the current month were given by all Chief Commissioners Inland Revenue.
The CCIRs gave workable strategy and new avenues for achieving the target set for the month of December, 2022 and closure of 2nd Quarter for the Financial Year 2022-2023.
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FBR chairman directed all CCIRs to leave no stone unturned to safeguard Revenue and to meet the budgetary target fixed for the month of December, 2022 and 2nd quarter ending December 31, 2022.
Chairman FBR further reiterated that facilitation of taxpayers is the harbinger for successful implementation of policies of FBR and taxpayers must be facilitated in resolving their pending issues with the Department, invariably.
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He also directed the CCIRs that the revenue stuck in appeals should be effectively pursued and cases pending test of appeal should be argued, based on strong legal footings, to win the test of appeal thereby safeguarding the revenue and its realization thereafter.
Asim Ahmed appreciated the field formations on achieving the budget target assigned in the preceding month i.e. November, 2022 and at the same time expected the same zeal and commitment to achieve the targets assigned to them for the Financial Year 2022-2023.
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Preventing currency smuggling top priority: FBR Chairman
ISLAMABAD: Asim Ahmad, Chairman, Federal Board of Revenue (FBR) has said that prevention of currency smuggling is top priority of Pakistan Customs.
The FBR chairman identified top priority arrears of the government to combat smuggling of currency, vehicles, and goods. Besides, prevention of mis-invoicing was also one of the top priorities, he added.
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Asim Ahmad, Chairman, addressed the inaugural session of the quarterly coordination and performance review conference held recently of the Regional Directors of the Directorate General of Intelligence & Investigation-Customs; an important arm of the FBR.
The Chairman made it very clear that the Directorate General, I&I-Customs, had the capacity and competence to come up to the expectations with respect to each of these priority areas.
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He assured the Director General, Faiz Ahmad Chadhar, that all possible resources required to achieve the desired results will be provided by FBR.
During the 12 hours long conference, each Regional Director gave a detailed presentation on the performance in the first quarter of FY 2022-23.
It covered major challenges hindering achievement of organizational goals, methods of information gathering, gaps in human resource and logistics as well as suggestions for further improvement.
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In his closing remarks, the Director General directed the Regional Directors to focus on mis-invoicing not only in imports but also in exports, mis-use of exemption regimes, variation in pattern of transit trade viz a viz national imports and improving vigil along the borders.
He underscored the importance of improved liaison of the officers of Directorate General of I&I-Customs with national law enforcement agencies including Police, Rangers, FC, ANF, Provincial Excise Departments, other national intelligence agencies, and District Administration.
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He also highlighted the need of coordination with the Chambers of Commerce and other trade bodies to have first-hand knowledge about their issues and grievances.
The Director General further emphasized that meeting the targets and expectations of FBR and the Federal Government with respect to smuggling, money laundering, and mis-invoicing will lead to creation of an enabling environment in the country for economic growth and investment.