ISLAMABAD: Federal Board of Revenue (FBR) has issued a SRO to impose regulatory duty at 5 per cent on import of polyester yarn despite protest by business community.
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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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Dar directs FBR to achieve true tax potential
ISLAMABAD: Finance Minister Mohammad Ishaq Dar has directed Federal Board of Revenue (FBR) to achieve true tax potential in the country.
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Tax offices to observe extended working hours on Dec 30-31 for collection
Islamabad: The Federal Board of Revenue (FBR) has announced that tax offices will remain open on December 30-31, 2022, to accommodate the year-end rush for the collection of duties and taxes.
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FBR set to disable mobile phones, utility connections of non-filers
ISLAMABAD: Federal Board of Revenue (FBR) is identifying persons, who are liable to file annual income tax returns but failed to discharge liability, for disabling their mobile phones and utility connections.
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FBR starts hiring advocates for forming smart legal team
ISLAMABAD: Federal Board of Revenue (FBR) has started hiring advocates to form a smart legal team to represent in appellate forums and court in tax matters.
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FBR decides forensic analysis of audio, video evidence in disciplinary cases
Islamabad: The Federal Board of Revenue (FBR) has taken a significant step towards ensuring the integrity of disciplinary proceedings by deciding to employ forensic analysis for audio and video evidence in cases involving its officials.
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Promotions of customs officers to BS-20 notified
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday promoted 10 officers of Pakistan Customs Service (PCS) to BS-20 with immediate effect.
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FBR promotes 11 IRS officers to BS-21
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday promoted 11 officers of Inland Revenue Service (IRS) with immediate effect.
The following BS-20 officers of Inland Revenue Service are promoted to BS-21 on regular basis with immediate effect:-
READ MORE: FBR notifies promotions of customs officers to BS-21
01. Yousif Hyder Shaikh
02. Afaque Ahmed Qureshi
03. Ms. Tehmina Aamer
04. Syeda Naureen Zahra
05. Nasir Iqbal
06. Khurshid Ahmad Khan Marwat
READ MORE: FBR strictly implementing tax laws for revenue collection
07. Nasir Khan
08. Abid Mehmood
09. Faheem Mohammad
10. Aqeel Ahmed Siddiqui
11. Muhammad Tariq Arbab
The FBR said that the officers already posted/working against BS-21 posts on OPS basis will actualize their promotions against their present places of posting.
The officer at Sr. No. 1 will actualize his promotion at his present place of posting i.e. Commissioner-IR (Appeals-I), Karachi. The said post is hereby upgraded to BS-21 to the personal effect of the officer.
READ MORE: Last date for filing income tax return is Dec 31
The officer at Sr. No. 4 will actualize her promotion at her present place of posting i.e. Chief Commissioner-IR, Regional Tax Office, Sialkot. The said post is hereby upgraded to BS-21 to the personal effect of the officer.
The officer at Sr. No. 6 will actualize his promotion as Member (BS-21), Federal Board of Revenue (Hq), Islamabad.
READ MORE: FTO intervention helps taxpayer to get withholding certificate
The officer at S. No. 9 will actualize his promotion against his present place of posting i.e. Accountant Member (BS-21), Appellate Tribunal Inland Revenue (Bench-II), Islamabad.
The officers if drawing special allowance prior to this notification shall continue to draw this allowance on their promotion.
The FBR congratulated the officers on their promotion to BS-21.
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FBR notifies promotions of customs officers to BS-21
Islamabad: The Federal Board of Revenue (FBR) took a significant step in recognizing the contributions of officers in the Pakistan Customs Service (PCS) by announcing the promotions of five officers to BS-21 on a regular basis.
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FBR strictly implementing tax laws for revenue collection
KARACHI: Federal Board of Revenue (FBR) is strictly implementing tax laws for achieving revenue collection target.
“The tax laws are being strictly implemented and any negligence by the officials of the revenue department will not be tolerated,” Tariq Mehmood Pasha, Special Assistant to the Prime Minister for Revenue said in a meeting with a delegation of business community.
READ MORE: Last date for filing income tax return is Dec 31
Pasha further said that the FBR revenue collection is satisfactory. “All goals will be achieved,” Tariq Mehmood Pasha informed the delegation of United Business Group (UBG).
He said that Prime Minister Mian Shahbaz Sharif is aware of the problems of the business community, all resources are being used to improve the country’s economic condition and the government will soon provide all the economic resources to overcome the problems.
READ MORE: FTO intervention helps taxpayer to get withholding certificate
According to Gulzar Feroze, the main spokesperson of UBG, the delegation included President UBG and former President FPCCI Zubair Tufail. Former President FPCCI Abdul Rauf Alam, Former Vice President Atif Ikram Sheikh and Secretary General US Pakistan International Chamber Malik Sohail Hussain were present.
READ MORE: FBR imposes $5,000 cash carrying limit for foreign travel
On this occasion, Zubair Tufail said that at present the business conditions in the country are not satisfactory, firstly Covid-19 and later floods have badly affected the industrial and agricultural sector and many sectors have not yet recovered, so the government should provide relief to the business community.
The UBG delegation congratulated the Special Assistant to the Prime Minister for Revenue, Minister of State Tariq Mehmood Pasha and the FBR administration on the improved revenue situation.
READ MORE: FBR exempts CVT on assets of Reko Diq Mining Company