KARACHI: Federal Board of Revenue (FBR) has launched mega crackdown against cement manufacturers for alleged tax evasions.
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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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Pakistan probes Pepsi, Coca Cola for tax evasion
Pakistan has launched probe into alleged tax evasion by international beverage companies including Pepsi and Coca Cola operating in the country.
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FBR transfers top brass of Inland Revenue Service
ISLAMABAD: Federal Board of Revenue (FBR) on Friday transferred top brass of Inland Revenue Service (IRS) in its ongoing reshuffle on senior officers.
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FBR notifies promotions of IRS, PCS officers to BS-22
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified promotions of officers to BS-22 from BS-21.
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FBR reshuffles senior IRS officers amid action against wealthy taxpayers
The Federal Board of Revenue (FBR) Wednesday announced a significant reshuffle of officers within the Inland Revenue Service (IRS) at a time when the board is taking extensive action against wealthy taxpayers who are defaulting on their taxes.
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FBR freezes bank account of business tycoon for CVT recovery
The Federal Board of Revenue (FBR) has frozen the bank account of Abdul Aziz Memon, Chairman of the Kings Group of Companies and Trustee of The Rotary Foundation, for defaulting on capital value tax (CVT) amounting to around Rs14 million.
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FBR plans increasing CGT rates, period on immovable properties
Federal Board of Revenue (FBR) is planning to increase capital gains tax (CGT) rates and period on immovable properties in order to discourage short-term buying and selling.
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FBR allows processing of Uzbek transit goods through ports, terminals
The Federal Board of Revenue (FBR) has announced that Uzbek transit goods can now be processed through Customs-ports and terminals in Karachi Port, Port Muhammad Bin Qasim, and Gwadar Port under the Uzbekistan-Pakistan Transit Trade Agreement.
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PM directs installing track, trace system at all cigarette manufacturing units
Prime Minister Muhammad Shehbaz Sharif has directed for the installation of a trace and track system in all cigarette manufacturing units of the country within the next two weeks to combat tax evasion.
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FBR issues rules for trade data dissemination of Pakistan Single Window
Federal Board of Revenue (FBR) on Monday issued rules for dissemination of data of Pakistan Single Window (PSW).
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