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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.

  • Pakistan allows tax exemption on tomato, onion imports

    Pakistan allows tax exemption on tomato, onion imports

    ISLAMABAD: Pakistan on Wednesday granted exemption of income tax and sales tax on imports of tomato and onion during next four months.

    In this regard, the Federal Board issued notifications in this regard. The FBR issue SRO 1639(I)/2022 to allow withholding income tax exemption on import of tomato and onion imported till December 31, 2022.

    READ MORE: FBR collects Rs948 billion as tax revenue during 2MFY23

    Similarly, another SRO 1640(I)/2022 was issued to allow sales tax exemption on import of tomato and onion during September – December 2022.

    Previously, on August 30, 2022, in a meeting at the Ministry of National Food Security and Research (MNFSR), it was decided that the Ministry will issue import permits of onion and tomatoes within 24 hours.

    The Ministry has also proposed to FBR to waive-off taxes and levies on import of onion and tomatoes.

    It is expected that this will be made effective on immediate basis. These steps are taken to ensure a supply of the essential commodity in the market and to stabilize the prices.

    READ MORE: FBR announces tax exemptions for flood relief operation

    According to the details, the importers will be allowed to import onion and tomatoes.

    Ministry of National Food and Security has directed the Department of Plant Protection (DPP) to facilitate the import and ensure that there are no hindrances for importers.

    MNFSR has taken on-board all the stakeholders with an aim to ensure a supply of the essential commodities to the consumers.

    Furthermore, a contact group to facilitate imports is created, where importers will be able to share their problems. While a team at Ministry of National Food Security will monitor the situation and will take necessary action for redressal.

    READ MORE: KTBA demands suspending further tax due to practical issues

    Ministry of National Food Security and Research has taken the above decisions to ensure that onion and tomatoes are available in the market at reasonable rates to the consumers.

    Pakistan Embassies in Iran, Afghanistan, UAE and other countries have been requested to assist imports. Ministry of National Food Security and Research, with stakeholders, will continue to take necessary steps to ensure food security in the country in the times when crops have been heavily damaged because of recent floods and rains.

    READ MORE: FBR gets 3.38 million active taxpayers by August 28, 2022

  • FBR collects Rs948 billion as tax revenue during 2MFY23

    FBR collects Rs948 billion as tax revenue during 2MFY23

    ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs948 billion as tax revenue during first two months (July – August) of fiscal year 2022/2023, according to provisional data released on Wednesday.

    The FBR surpassed the revenue collection target of Rs926 billion set for the period.

    READ MORE: FBR announces tax exemptions for flood relief operation

    According to the provisional data for the month of August 2022, the FBR has collected net revenue of Rs. 489 billion, which has exceeded the target of Rs. 483 billion against Rs. 448 billion collected during the same period, last year.

    These figures would further improve after the book adjustments have been taken into account. These collections are the highest ever in the month of August.

    This outstanding revenue performance is a reflection of FBR’s resolve to build on its growth trajectory despite floods, zero rating on POL products, and import compression, the FBR said.

    READ MORE: KTBA demands suspending further tax due to practical issues

    On the other hand, the gross collection increased from Rs. 462 billion during August last year to Rs. 526 billion, showing an increase of 14 per cent.

     Likewise, the amount of refunds disbursed during August was Rs. 37 billion compared to Rs. 14.3 billion paid last year, showing an increase of 161 per cent. This is reflective of FBR’s strong commitment to fast-track refunds and thereby prevent liquidity shortages in the industry.

    The significant revenue increase in August is largely the outcome of various policy and revenue measures introduced by the government in Finance Act 2022. Unlike in the past, there is a visible focus on taxing the rich and affluent.

    READ MORE: FBR gets 3.38 million active taxpayers by August 28, 2022

    Owing to this paradigm shift, the growth in domestic Income Tax is almost 38 per cent which is a remarkable shift towards direct taxation. Likewise, there is a significant upsurge in Advance Tax collected during August, which is 72 per cent increase from the corresponding period of the previous year.

    Provisional collection of Income Tax, Sales Tax, Federal Excise and Customs Duty were respectively Rs.165 billion, Rs. 218 billion, Rs.24 billion and Rs. 82 billion as against Rs.124 billion, Rs. 223 billion, Rs. 23 billion and Rs.77 billion during the corresponding period of the previous year.

    READ MORE: Tax rates on mobile phone, internet users during 2022-2023

  • FBR announces tax exemptions for flood relief operation

    FBR announces tax exemptions for flood relief operation

    ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday announced major tax exemptions for flood relief operation.

    The FBR issued SRO 1634(I)/2022 dated August 30, 2022 to allow the tax exemption.

    In order to enable the exemption, the FBR amended Second Schedule of the Income Tax Ordinance, 2001. It is pertinent to mention that tax is levied on imported goods under Section 148 of the Ordinance.

    According to the amendment: “(123) The provision of Section 148 shall for a period of ninety days not apply to goods required and imported for relief operation for flood affectees, duly certified by the National Disaster Management Authority (NDMA) or the Provincial Disaster Management Authority (PDMA).”

    The FBR issued another SRO 1635(I)/2022 dated August 30, 2022 to allow exemption from sales tax on goods imported for flood relief operation.

    Sales tax exemption has been granted with effect from August 24, 2022 subject to the conditions and restrictions.

    According to the FBR, import of all goods received, in the event of a natural disaster or other catastrophe, as gift and relief consignments or any goods received as gift or donation from a foreign government or organization by the federal or provincial governments or any public sector organization.

    However, this exemption is subject to the same conditions as are envisaged for the purpose of apply zero-rate of customs duty under the Customs Act, 1969.

    Through SRO 1636(I)/2022 dated August 30, 2022, which stated that the federal government has exempted for a period of ninety days the import and supply of the goods as certified by the NDMA or PDMA for relief operation for flood affectees, from the whole of the sales tax.

    Similarly, SRO 1637(I)/2022 dated August 30, 2022 has been issued to exempt federal excise duty leviable on the goods as ceritifed by NDMA or PDMA for relief operation for flood affectees.

  • KTBA demands suspending further tax due to practical issues

    KTBA demands suspending further tax due to practical issues

    Karachi Tax Bar Association (KTBA) on Tuesday demanded the tax authorities to immediately suspend the application of further sales tax due to implementation of amendments brought through Finance Act, 2022.

    KTBA President Syed Rehan Hasan Jafri in a letter to Asim Ahmad, chairman of Federal Board of Revenue (FBR), stated that before the changes brought about by the Finance Act, 2022, further tax at 3 per cent under section 3(1)(A) of the Sales Tax Act, 1990, was only required to be charged and paid on taxable supplies made to a person, who is liable to be registered under the Sales Tax Act, 1990 but had not obtained a Sales Tax Registration Number.

    READ MORE: FBR gets 3.38 million active taxpayers by August 28, 2022

    The Finance Act, 2022 has broadened the scope of applicability of further tax on supplies made to registered persons who are not active taxpayers. The above change in law has brought about various practical issues and hindrances in its implementation which are being discussed below in the ensuing paras.

    In pursuance of the above change, a registered person making taxable supplies is required to check active taxpayer status of a person at the time of issuance of invoice.

    This condition has created quite a hassle for them to check and verify the particulars of each customer at the time of filing of sales tax return.

    It may be noted that in various cases, there are hundreds of customers to whom thousands of invoices are issued.

    Previously, the FBR had its own mechanism to identify the registered person, if the person is active or not.

    “Therefore, it is requested that similar feature may be enabled by the FBR for the ease of taxpayers or alternatively kindly device an amicable way through which the above condition can be eased for the registered person,” KTBA president said.

    READ MORE: Tax rates on mobile phone, internet users during 2022-2023

    The term “active taxpayer” as defined in Clause (1) of section (2) of the Act which inter-alia provides that following persons would not be termed as active taxpayers –

    — who fails to file the return of income under section 114 of the Income Tax Ordinance, 2001 by the due date; and

    — who fails to file quarterly or annual withholding tax statement under section 165 of the Income Tax Ordinance, 2001.

    The KTBA said that the above conditions are quite harsh, and it is practically impossible for a RP to be aware of the fact that whether its customer has filed (i) return of income by the due date, and (ii) quarterly/annual withholding tax statements under section 165 the Ordinance.

    It may be noted that active taxpayer status of a person is updated in March each year based on the status of filing of return of income for the latest completed tax year. Even if the return of income is not filed by the due date, the person would appear in active taxpayer list (“ATL”) for income tax purposes by way of paying a penalty.

    READ MORE: FBR launches campaign to ensure return filing by due date

    However, the condition to become an active taxpayer for sales tax purposes stipulates that only the person who have filed return of income by the due date would be an active taxpayer.

    Therefore, even in cases where a person is appearing in the ATL for income tax purposes, may not be an active taxpayer for sales tax. Consequently, you would agree that it is practically impossible for a RP to confirm the status of its customer whether he is an active taxpayer or not.

    In addition to the above, for a RP to achieve active taxpayer status for sales tax, he needs to file quarterly/annual withholding tax statements under section 165 of the Ordinance. Interestingly, there is no option on the IRIS portal which may reflect filing status of the quarterly/annual withholding tax statements under section 165 of the Ordinance of a RP. Accordingly, again it is major impediment based on which a person could not determine active taxpayer status of its customers. 

    In view of the above, it is humbly requested that rather than stipulating these conditions, the above definition may be linked with the active taxpayer status under the Ordinance.

    The active taxpayer status reflection on online verification portal for sales return is based on filing of monthly sales tax returns irrespective of the fact that these are filed by the due dates or not. “This does not align with the condition provided in the definition of active taxpayer in the Act,” Jafri added.

    READ MORE: FBR promotes 56 Inland Revenue Officers to BS-17

    Moreover, online portal does not have any option to check the status of the person on any given specific date rather it reflects the status on the given time. Therefore, if a person wants to verify the status of its customer on any given date, he is unable to check the same from the online portal. It may be noted that for income tax purposes, active taxpayer status of a person could be checked on any given specific date.

    Further, the active taxpayer status is updated on the FBR Portal on a real time basis, and therefore, it is difficult to track the status of any customer from the date of issuance of the invoice to the declaration of such invoice.

    “You would recollect that for income tax purposes, when a payment is reported in the quarterly withholding tax statement under section 165 of the Ordinance, the portal automatically identifies the person as an active taxpayer or otherwise and simultaneously calculates the amount of applicable withholding tax.

    “Likewise, it is requested that Annexure – C of the sales tax return may also be automatically linked with the active taxpayer status under the Act and if a person is not an active taxpayer, the portal may automatically calculate further tax on such sales. This would enable effective monitoring of the above change in law and its application. Alongside, this would also cater to the situations where further tax could not be charged due to a mistake or an inadvertent error,” according to the letter.

    Even otherwise, until such an option is optimized in sales tax return, the option to manually levy and charge further tax may be enabled in the sales tax return to discharge further tax liability.

    The KTBA urged the FBR chairman that the application of further tax onto persons other than active taxpayers may be kept in abeyance till the issues identified above are resolved in an amicable manner.

  • FBR gets 3.38 million active taxpayers by August 28, 2022

    FBR gets 3.38 million active taxpayers by August 28, 2022

    ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 3.38 million taxpayers on Monday through weekly updated Active Taxpayers List (ATL).

    According to the latest ATL 3,376,699 taxpayers had filed their income tax returns by August 28, 2022 for tax year 2021.

    READ MORE: Tax rates on mobile phone, internet users during 2022-2023

    The ATL will also include names of those taxpayers who will file their income tax returns for the tax year 2021 in coming days till the ATL remained applicable.

    The FBR issues ATL weekly basis on Monday to update the names of persons who filed their income tax returns during the week.

    ATL provides taxpayers to get concession in payment of lower withholding tax rates or amount. The FBR issues ATL for the new tax year on the first day of March every year. Therefore, the existing ATL will prevail till February 28, 2023.

    READ MORE: FBR launches campaign to ensure return filing by due date

    According to the FBR the ATL is a central record of online Income Tax Return filers for the previous Tax Year.

    It further says that ATL is published every financial year on the 1st March and is valid up to the last day of February of the next financial year. For example, Active Taxpayer List for Tax year 2020 was published on 1st March 2021 and will be valid till 28th February 2022. Similarly, Active Taxpayer List for Tax year 2021 will be published on 1st March 2022 and will be valid till 28th February 2023.

    The ATL is updated on every Monday on the Federal Board of Revenue (FBR) website.

    The FBR said that a person’s name will be part of the current ATL, if the Tax Return filed pertains to the Tax year of the relevant ATL. For example, to be part of the ATL published on 1st March 2021, a person must have filed a Tax return for the Tax year 2020. Similarly, to be a part of the ATL published on 1st March 2022, a person must have filed a Tax Return for the Tax year 2021.

    READ MORE: FBR promotes 56 Inland Revenue Officers to BS-17

    Restriction on including a person’s name on ATL, if the person has not filed Tax Return by the due date specified by Income Tax authorities was introduced through Finance Act, 2018. For example, to be part of the ATL published on 1st March 2022, a person must file a Tax Return by the specified due date for the Tax year 2021.

    However, through Finance Act, 2019 a person’s name can be part of ATL, even if the person has filed Tax Return after the due date specified by Income Tax authorities.

    Furthermore, a surcharge for placement on ATL after due date of filing of Tax Return will be charged as under:

    Company: Rs20,000

    Association of Persons: Rs10,000

    Individuals: Rs1,000

    A company or an AOP shall be included in the ATL, whose return is not to be filed due to incorporation or formation after 30th day of June relevant to the Tax year pertaining to the ATL.

    READ MORE: FBR transfers six IRS officers of BS-19-20

    Joint account holders as an entity shall be deemed to be part of ATL if any of the persons in the joint account have met the criteria of being included in the ATL.

    Bank account held in the name of a minor shall be considered part of ATL if the parents, guardians of the minor or any person who has deposited money in minor’s account are deemed to have met the criteria of being included in the ATL.

  • Tax rates on mobile phone, internet users during 2022-2023

    Tax rates on mobile phone, internet users during 2022-2023

    KARACHI: The Federal Board of Revenue (FBR) has issued amended income tax law to notify the tax rates on users of mobile phones and internet during 2022-2023.

    FBR issued Income Tax Ordinance, 2001 updated up to June 30, 2022 incorporating changes made through the Finance Act, 2022.

    READ MORE: FBR launches campaign to ensure return filing by due date

    The revenue body collects these taxes under Section 236 of the Income Tax Ordinance, 2001.

    Under this section, in the case of telephone subscriber (other than mobile phone subscriber) where the amount of monthly bill exceeds Rs1,000, then the tax rate shall be 10 per cent of the exceeding amount of bill.

    Similarly, in the case of subscriber of internet, mobile telephone and pre-paid internet or telephone card, the tax rate shall be 15 per cent of the amount of bill or sales price of internet pre-paid card or pre-paid telephone card or sale of units through any electronic medium or whatever form.

    READ MORE: FBR promotes 56 Inland Revenue Officers to BS-17

    According to the Section 236: Telephone and internet users.- (1) Advance tax at the rates specified in Division V Part IV of the First Schedule shall be collected on the amount of –

    (a) telephone bill of a subscriber;

    (b) prepaid cards for telephones;

    (c) sale of units through any electronic medium or whatever form; and

    (d) internet bill of a subscriber; and

    (e) prepaid cards for internet.

    (2) The person preparing the telephone or internet bill shall charge advance tax under sub-section (1) in the manner telephone or internet charges are charged.

    READ MORE: FBR transfers six IRS officers of BS-19-20

    (3) The person issuing or selling prepaid cards for telephones or internet shall collect advance tax under sub-section (1) from the purchasers at the time of issuance or sale of cards.

    (3A) The person issuing or selling units through any electronic medium or whatever form shall collect advance tax under sub-section (1) from the purchaser at the time of issuance of sale of units.

    (4) Advance tax under this section shall not be collected from Government, a foreign diplomat, a diplomatic mission in Pakistan, or a person who produces a certificate from the Commissioner that his income during the tax year is exempt from tax.

    READ MORE: FBR issues paper return form for tax year 2022

  • FBR launches campaign to ensure return filing by due date

    FBR launches campaign to ensure return filing by due date

    KARACHI: The Federal Board of Revenue (FBR) has launched a campaign to ensure the taxpayers file their annual return of income for tax year 2022 by due date.

    The FBR sent emails to registered taxpayers to comply with the mandatory requirement under Income Tax Ordinance, 2001.

    “As a responsible citizen, you need to make sure that you file your Income Tax Return every year. This is a moral duty of every Pakistani, FBR prompts you to file your Income Tax Return for Tax Year 2022 today,” according to an email sent to a taxpayer.

    READ MORE: FBR promotes 56 Inland Revenue Officers to BS-17

    “Filing one’s Income Tax Return is mandatory legal obligation that we must endeavor in order to serve our country better. Let’s join hands for a prosperous and self-reliant Pakistan,” the FBR added.

    The FBR reminded the taxpayer that the last date for filing Income Tax Returns for Tax Year 2022 is September 30, 2022.

    According to the Income Tax Ordinance, 2001, the taxpayers included salaried persons, business individuals, association of persons (AOPs) and companies other than having account year July to June are required to file the return of income.

    READ MORE: FBR transfers six IRS officers of BS-19-20

    The corporate entities having financial year July 01 to June 30 are required to file their income tax returns by December 31 every year.

    The FBR through SRO 978(I)/2022 dated June 30, 2022 issued income tax return form for tax year 2022 giving statutory time to taxpayers for making compliance in filing of return.

    Section 14 of Income Tax Ordinance, 2001, highlighted the categories of taxpayers, who are required to file their annual return of income and wealth statement.

    According to Income Tax Ordinance, 2001, class of taxpayers are required to file return of income: — every company;— every person (other than a company) whose taxable income for the year exceeds the maximum amount that is not chargeable to tax under this Ordinance for the year; — any non-profit organization as defined in clause (36) of section 2; — every person whose income for the year is subject to final taxation under any provision of this Ordinance; -Any person not covered by above clauses are also required to file return of income who,—

    READ MORE: FBR issues paper return form for tax year 2022

    (i) has been charged to tax in respect of any of the two preceding tax years;

    (ii) claims a loss carried forward under this Ordinance for a tax year;

    (iii) owns immovable property with a land area of five hundred square yards or more or owns any flat located in areas falling within the municipal limits existing immediately before the commencement of Local Government laws in the provinces; or areas in a Cantonment; or the Islamabad Capital Territory;

    (iv) owns immoveable property with a land area of five hundred square yards or more located in a rating area;

    (v) owns a flat having covered area of two thousand square feet or more located in a rating area;

    (vi) owns a motor vehicle having engine capacity above 1000 CC;

    (vii) has obtained National Tax Number; or

    (viii) is the holder of commercial or industrial connection of electricity where the amount of annual bill exceeds rupees five hundred thousand;

    READ MORE: FBR sets up new section for dealing disciplinary cases

    (ix) is a resident person registered with any chamber of commerce and industry or any trade or business association or any market committee or any professional body including Pakistan Engineering Council, Pakistan Medical and Dental Council, Pakistan Bar Council or any Provincial Bar Council, Institute of Chartered Accountants of Pakistan or Institute of Cost and Management Accountants of Pakistan; or

    (x) is a resident person being an individual required to file foreign income and assets statement under section 116A.

  • FBR promotes 56 Inland Revenue Officers to BS-17

    FBR promotes 56 Inland Revenue Officers to BS-17

    ISLAMABAD: The Federal Board of Revenue (FBR) has promoted 56 officers BS-16 Inland Revenue officers (IROs) to BS-17 as Assistant Commissioner Inland Revenue with immediate effect.

    The FBR through a notification issued August 26, 2022 promoted following IROs: (name and place of posting)

    01. Tasawar Hussain, Regional Tax Office, Sialkot

    02. Wasim Ahad Malik, Corporate Tax Office, Lahore

    03. Fazal ur Rehman, Regional Tax Office, Rawalpindi

    READ MORE: FBR transfers six IRS officers of BS-19-20

    04. Nazir Ahmed Soomro, Regional Tax Office-II, Karachi

    05. Nouman Ali Siddiqui, Intelligence & Investigation (IR), Hyderabad

    06. Manzoor Ahmed Memon, Regional Tax Office, Hyderabad

    07. Muhammad Usman Khan, Corporate Tax Office, Lahore

    08. Abdul Rasheed Khan, Corporate Tax Office, Lahore

    09. Qaiser Mehmood, Corporate Tax Office, Lahore

    10. Aijaz Hussain, Regional Tax Office, Hyderabad

    READ MORE: FBR issues paper return form for tax year 2022

    11. Athar Jawed Khan, Internal Audit (IR), Karachi (drawing salary from CTO, Karachi)

    12. Rizwan Ahmed Kazmi, Regional Tax Office-II, Karachi

    13. Waseem Akhtar, Internal Audit (IR), Karachi

    14. Muhammad Tahir, Regional Tax Office-II, Karachi

    15. Abdul Jalil Khan, Intelligence & Investigation (IR), Karachi

    16. Zahid Pervaiz, Regional Tax Office, Faisalabad

    17. Mehmood-ul-Hassan, Regional Tax Office, Sargodha

    18. Ghulam Shabbir Shaikh, Regional Tax Office, Sukkur

    19. Muhammad Shakil, Regional Tax Office-I, Karachi

    20. Liaqat Ali Sahu, Regional Tax Office, Sukkur

    READ MORE: FBR sets up new section for dealing disciplinary cases

    21. Sami Ullah Khan, Regional Tax Office, Sargodha

    22. Khalid Hayat, Regional Tax Office, Islamabad

    23. Muhammad Nadeem S/o Muhammad Nazir, Corporate Tax Office, Lahore

    24. Iqtidar Ahmed, Large Taxpayers Office, Lahore

    25. Mastoor Najeeb, Corporate Tax Office, Lahore

    26. Malik Riaz Ahmad, Regional Tax Office, Lahore

    27. Abdul Waheed, Regional Tax Office, Lahore

    28. Tariq Baig, Corporate Tax Office, Lahore

    29. Shafqat Ali Arain, Intelligence & Investigation (IR), Hyderabad

    30. Syed Shabbir Ahmed Shah, Regional Tax Office, Hyderabad

    31. Malik Afzal R. Tiwana, Corporate Tax Office, Karachi

    READ MORE: FBR increases customs valuation for Afghan coal by 69%

    32. Abdul Lateef Kerio, Regional Tax Office, Hyderabad

    33. Ameer Ali Kerio, Regional Tax Office, Hyderabad

    34. Ghulam Sarwar, Regional Tax Office-I, Karachi

    35. Pir Naveed Ahmed, Regional Tax Office, Sukkur

    36. Jamil Ahmed Soomro, Regional Tax Office-II, Karachi

    37. Abdul Khalique Jamali, Regional Tax Office, Hyderabad

    38. Aftab Ahmed Thallo, Regional Tax Office, Quetta

    39. Pir Sharful Haq Quershi, Regional Tax Office, Hyderabad

    40. Hussain Bukksh Shahani, Regional Tax Office, Hyderabad

    41. Zulfiquar Ali Jamali, Regional Tax Office, Hyderabad

    42. Saleem Ahmed Hakro, Regional Tax Office, Sukkur

    43. Muhammad Rafique Magsi, Regional Tax Office, Quetta

    44. Sultan Ahmed Magsi, Medium Taxpayers Office, Karachi

    45. Agha Avais Khan, Regional Tax Office, Sukkur

    46. Kashif Ali Shah, Corporate Tax Office, Karachi

    47. Irfan Ali Umrani, Regional Tax Office, Rawalpindi

    48. Mujahid Hussain Shah, Regional Tax Office, Sukkur

    49. Ambrat Rai, Corporate Tax Office, Karachi

    50. Syed Tahir Hussain Shah, Regional Tax Office, Sukkur

    51. Ashouk Kumar, Regional Tax Office, Hyderabad

    52. Sajjad Hussain, Regional Tax Office, Sahiwal

    53. Muhammad Hafeez Watto, Regional Tax Office, Bahawalpur

    54. Riaz Ahmad S/o Shah Muhammad, Regional Tax Office, Bahawalpur

    55. Rab Nawaz, Regional Tax Office, Multan

    56. Masood-ul-Hassan, Regional Tax Office, Sahiwal

    The FBR said that above named officers are directed to Relinquish/ assume Charge; using online HRMS facility made available at all FBR major field offices or by using IJP login in the respective offices.

    The FBR further said that the above named officers if drawing performance allowance/ FBR. Fixed allowance will continue to draw it on their promotion.

  • FBR transfers six IRS officers of BS-19-20

    FBR transfers six IRS officers of BS-19-20

    ISLAMABAD: Federal Board of Revenue (FBR) has notified transfers and postings of six officers of Inland Revenue Service (IRS) of BS-19 and BS-20 with immediate effect and until further orders.

    The FBR issued notification dated August 26, 2022 of transfers of following officers:

    READ MORE: FBR issues paper return form for tax year 2022

    01. Adnan Inamullah Khan (Inland Revenue Service/BS-20) has transferred and posted as Commissioner Inland Revenue, Special Zone for Builders and Developers) Regional Tax Office, Islamabad from the post of Commissioner, (WHT) Regional Tax Office, Islamabad.

    02. Aftab Alam (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue, (Enforcement-II) Large Taxpayers Office, Lahore from the post of Commissioner Inland Revenue (Appeals-II), Lahore.

    READ MORE: FBR sets up new section for dealing disciplinary cases

    03. Ahmad Kamal (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Appeals-II), Lahore from the post of Commissioner, (Enforcement-II) Large Taxpayers Office, Lahore.

    04. Ms. Tajamal Bilquis (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue, (WHT) Regional Tax Office Islamabad from the post of Commissioner, (North Zone) Regional Tax Office, Islamabad.

    05. Arshad Nawaz Chheena (Inland Revenue Service/BS-20) has been transferred and posted as Chief (Revenue Operations) Inland Revenue Operations Federal Board of Revenue (Hq), Islamabad from the post of Commissioner, (Special Zone for Builders and Developers) Regional Tax Office, Islamabad.

    READ MORE: FBR increases customs valuation for Afghan coal by 69%

    06. Ms. Adeela Yusuf Khan (Inland Revenue Service/BS-19) has been transferred and posted as Commissioner Inland Revenue, (OPS) (North Zone) Regional Tax Office, Islamabad from the post of Director-II, (OPS) Directorate General of Digital Invoicing and Analysis, Islamabad.

    The officers who are drawing performance allowance prior to issuance of this notification shall continue to draw this allowance on the new place of posting.

    READ MORE: Pakistan Customs foils attempt to clear banned items

    The above named officers have been directed to send charge Relinquishment/Assumption to FBR immediately after Relinquishment/Assumption of charge for record and further necessary action.

  • FBR issues paper return form for tax year 2022

    FBR issues paper return form for tax year 2022

    ISLAMABAD: The Federal Board of Revenue (FBR) on Friday issued a draft paper return form for tax year 2022, which will be filed by individuals other than salaried persons.

    The FBR issued SRO 1612(I)/2022 to issue the draft individual paper return for tax year 2022.

    According to the SRO, the draft return form has been issued for objections and suggestions from the stakeholders. “Objections and suggestions may be considered by the FBR that are sent within seven days of publication of the draft in the official gazette,” it added.

    READ MORE: FBR sets up new section for dealing disciplinary cases

    According to the draft for individual paper return for tax year 2022 will be filed by individuals, deriving income under any head other than salary or business.

    It is pertinent to mention that the FBR issued the online return form on July 01, 2022 to allow the taxpayers a statutory time period of three months for filing income tax return. The last date for filing income tax return for tax year 2022 is September 30, 2022. By this last date persons including salaried and business individuals, association of persons (AOPs) and corporate taxpayers having special accounting year are required to file the annual return.

    READ MORE: FBR increases customs valuation for Afghan coal by 69%

    The FBR issued the draft paper return for individuals for filing return for tax year 2022 will give shorter time to the taxpayers falling under this segment.

    As per the draft paper return, a taxpayer will require to file wealth statement along with the annual return. The wealth statement requires information regarding precious possession, household effect, cash etc.

    READ MORE: Pakistan Customs foils attempt to clear banned items

    It also requires persons to declare assets in other name, total assets inside Pakistan and assets held outside Pakistan.