Karachi, June 24, 2023: The intelligence and investigation office of the Federal Board of Revenue (FBR) has uncovered a significant case of sales tax evasion by battery manufacturers.
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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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IR Intelligence Launches Extensive Crackdown Against Fashion Designers for Tax Evasion
Karachi, June 23, 2023 – The Directorate of Intelligence and Investigation (Inland Revenue) – I&I IR, Karachi has intensified its efforts to combat the issuance of fake and flying sales tax invoices by the fashion designers.
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IR Intelligence Uncovers Massive Sales Tax Evasion by Esteemed Company
Lahore, June 22, 2023: The Directorate of Intelligence & Investigation (Inland Revenue) Lahore has unearthed a staggering case of sales tax evasion worth billions of rupees by a highly regarded company.
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Federal Tax Ombudsman Directs FBR to Conduct Audit of Banks for Withholding Tax Compliance
Islamabad, June 22, 2023: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to regularly conduct audit of banks to check compliance with the withholding tax provisions.
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FBR Issues POS Invoices Worth Rs540 Billion, Takes Steps towards Digitalization
FBR emphasizes the importance of digitalization and seeks private sector collaboration
Islamabad, June 21, 2023 – The Federal Board of Revenue (FBR) announced on Wednesday that it has issued approximately Rs540 billion worth of invoices through the Point of Sale (POS) system in the span of one year.
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Inland Revenue Officer Awarded Dismissal form Service for Misconduct
Islamabad, June 21, 2023: The Federal Board of Revenue (FBR) has imposed a major penalty on an Inland Revenue Officer (IRO) for inefficiency and misconduct.
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FBR Issues Operation Plan for Pakistan Customs During Eid ul Azha Holidays
Islamabad, June 21, 2023: The Federal Board of Revenue (FBR) has released an operation plan for Pakistan Customs during the upcoming Eid ul Azha holidays.
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FBR Launches Draft Income Tax Return Forms for Year 2023
ISLAMABAD: The Federal Board of Revenue (FBR) has taken a significant step towards facilitating taxpayers by launching the draft income tax return forms for the tax year 2023.
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Number of Active Taxpayers in Pakistan Reaches 3.94 Million
Islamabad, June 19, 2023 – Recent data released on Monday highlights a significant increase in the number of active taxpayers in Pakistan, reaching 3.94 million.
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Tax Exemption and Concession Expenditure Reaches 3.36% of GDP: FBR
Islamabad, June 19, 2023 – The Federal Board of Revenue (FBR) has announced that the cost of exemptions and concessions in Pakistan expanded to 3.36 percent of the GDP during the fiscal year 2021-2022.
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