ISLAMABAD: Federal Board of Revenue (FBR) has required to collect Rs3.51 trillion during next five months (February – June) of this year in order to achieve fiscal year 2022-2023 collection target.
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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.
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FBR rejects TV board declaration by Changhong Ruba
KARACHI: The Federal Board of Revenue (FBR) has turned down the declaration submitted by M/s. Changhong Ruba Electric Company (Pvt) Limited for the clearance of TV boards.
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FBR shares asset declaration of civil servants with banks
ISLAMABAD: Federal Board of Revenue (FBR) has drafted rules to share information of asset declarations of civil servants with commercial banks.
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FBR exempts duty and taxes on imports for flood relief
In a move aimed at facilitating and expediting flood relief efforts, the Federal Board of Revenue (FBR) announced on Wednesday that it would be waiving customs duty, excise duty, and taxes on consignments related to flood relief activities for the next three months.
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Tax notice placement on IRIS is not valid service: FTO
In a case, the Federal Tax Ombudsman (FTO) has observed that mere placement of notice on the IRIS does not constitute a valid service.
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RTO Rawalpindi confiscates NDP cigarettes worth millions of rupees
ISLAMABAD: The Regional Tax Office (RTO) Rawalpindi, in a proactive move, has confiscated non-duty paid cigarettes valued at millions of rupees in two separate raids.
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FBR collects over Rs81 billion from sale, purchase of property transactions during TY22
ISLAMABAD: Federal Board of Revenue (FBR) has collected over Rs81 billion from sale and purchase of property transactions during tax year 2022, official documents revealed.
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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 directs 92 senior Customs officers to provide PERs, asset declarations
ISLAMABAD: Federal Board of Revenue (FBR) Friday directed 92 senior officers of Pakistan Customs Service (PCS) to complete their performance report and provide asset declarations.
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Dar chairs introductory meeting of reforms, resource mobilization commission
Finance Minister Ishaq Dar chaired the introductory meeting of the Reforms and Resource Mobilization Commission (RRMC) at the Federal Board of Revenue (FBR) on Friday.
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