ISLAMABAD: The Federal Board of Revenue (FBR) on Monday announced that it will be collecting duty and taxes on April 29th and 30th, 2023, to cover up time lost due to Eid holidays.
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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 officers face penal action for failure in filing asset declaration
Senior officers of the Federal Board of Revenue (FBR) in Pakistan could face penal action for failing to file their asset declarations.
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President Alvi orders genuine tax refund cannot be refused after late filing claim
President of Pakistan, Dr. Arif Alvi, Sunday ordered that a genuine tax refund cannot be refused even after late filing of a claim.
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FBR and provinces harmonize sales tax on services with new uniform rules
The Federal Board of Revenue (FBR) and provincial revenue authorities in Pakistan have announced the implementation of uniform ‘Place of Provision of Services Rules-2023’ from May 1, 2023, in an effort to harmonize sales tax on services across the country.
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FBR urges citizens to stay informed about their financial transactions
The Federal Board of Revenue (FBR) Friday urged citizens to stay aware of their financial transactions, stating that the board holds records of all major financial activities.
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President Alvi orders FBR to submit report on whistle-blower identity leak
President Dr Arif Alvi has ordered the Federal Board of Revenue (FBR) to explain how the identity of a whistle-blower who reported large-scale tax evasion/fraud by a private limited company was leaked to his employer, resulting in threats to the whistle-blower by the tax-evading company.
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KTBA informs FBR of dysfunctional ATIR following Chairman’s retirement
The Karachi Tax Bar Association (KTBA) has raised concerns regarding the current situation of the Appellate Tribunal Inland Revenue (ATIR) after the superannuation of its previous chairman, Muhammad Waseem Chaudhary.
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FBR proposes changes to rules for temporary car imports by tourists
Federal Board of Revenue (FBR) on Wednesday announced amendments to the rules governing the temporary import of cars by tourists.
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FBR directs Customs officers of BS-17 to file asset declaration
Federal Board of Revenue (FBR) has directed officers of Pakistan Customs Service (PCS) BS-17 to submit asset declarations and performance evaluation reports for upcoming promotions.
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FBR updates weekly active taxpayers list with 50,000 new return filers
The Federal Board of Revenue (FBR) in Pakistan has added 50,000 return filers to the updated weekly active taxpayers list (ATL) issued on April 10, 2023.
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