Karachi, August 17, 2023 – The Federal Board of Revenue (FBR) has taken a significant step by outlining the categories of individuals who are required to file their annual income tax returns for the tax year 2023.
(more…)Tag: FBR
FBR, Pakistan’s national tax collecting agency, plays a crucial role in the country’s economy. Pakistan Revenue is committed to providing readers with the latest updates and developments regarding FBR activities.
- 
		
		

FBR Eases Rules for Property Sellers under Section 7E
Karachi, August 16, 2023 – The Federal Board of Revenue (FBR) has announced a relaxation in the conditions governing Section 7E of the Income Tax Ordinance, 2001, specifically aimed at sellers of immovable property.
(more…) - 
		
		

Big Jump: 4.38 Million Pakistani Citizens Join Active Taxpayers List
Islamabad, August 15, 2023 – In Pakistan, there has been a substantial surge in enrollment in the Active Taxpayers List (ATL), with the number of participants reaching 4.38 million.
(more…) - 
		
		

FBR Keeps an Eye on Cash Withdrawals from Banks to Expand Tax Base
Karachi, August 15, 2023 – The Federal Board of Revenue (FBR) has begun monitoring citizens who are withdrawing large amounts of cash from banks, as part of efforts to increase the number of taxpayers in the country.
(more…) - 
		
		

FBR Introduces Mandatory Verification Form for Property Sellers Under Section 7E
Karachi, August 14, 2023 – The Federal Board of Revenue (FBR) has unveiled a significant measure for property transactions, issuing a new verification form under Section 7E of the Income Tax Ordinance, 2001.
(more…) - 
		
		

Pakistan Customs Officers Promoted to BS-20 and BS-21
Islamabad, August 10, 2023 – The Federal Board of Revenue (FBR) has announced the promotions of officers from the Pakistan Customs Service (PCS) to positions in BS-20 and BS-21.
(more…) - 
		
		

FBR Announces Promotions for IRS Officers to BS-20 and BS-21
Islamabad, August 10, 2023 – The Federal Board of Revenue (FBR) has officially announced the promotions of 25 officers from the Inland Revenue Service (IRS) to positions in BS-20 and BS-21.
(more…) - 
		
		

FBR Launches Transaction Recording for Aggressive Crackdown on Tax Evaders
Karachi, August 9, 2023 – The Federal Board of Revenue (FBR) has taken a significant step in its pursuit of tax evaders by launching an information portal to record all transactions.
(more…) - 
		
		

FBR Takes Action: Customs Officer Suspended for 120 Days
Islamabad, August 8, 2023 – In a move aimed at upholding efficiency and discipline within the ranks of the Federal Board of Revenue (FBR), a customs officer holding the position of BS-17 has been suspended for a period of 120 days.
(more…) - 
		
		

FBR Implements Senior Customs Officers Transfers in BS-20 and BS-21
Islamabad, August 8, 2023 – The Federal Board of Revenue (FBR) has executed a series of transfers among senior officers of the Pakistan Customs Service (PCS) in BS-20 and BS-21 on Tuesday.
(more…)