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KARACHI: Federal Board of Revenue (FBR) has issued draft income tax return forms for salaried persons to be filed for tax year 2019.
The last date for filing income tax return for salaried persons for tax year 2019 is September 30, 2019.
The FBR issued the following draft return form for salaried individuals as issued through SRO 951(I)/2019 dated August 23, 2019. The tax authority will issue the final form after taking feedback from the stakeholders.
ISLAMABAD: A nine-member team of Inland Revenue (IR) officers is participating in tax system management for Pakistan starting from Monday (August 26, 2019) in China.
Federal Board of Revenue (FBR) on Monday issued no objection certificate (NOC) to the officers to the proceeding abroad to participate in bilateral seminar 2019 (14 days) on Tax System Management for Pakistan’ starting from August 26, 2019 in China.
The following officers are participating in the seminar:
01. Muhammad Ayaz, Commissioner-IR, Regional Tax Office, Peshawar.
02. Muhammad Tariq Arbab, Director, Directorate of Intelligence and Investigation, IR, Peshawar.
03. Tariq Javed, Second Secretary, FBR, Islamabad.
04. Abid Hussain Gulshan, Deputy Commissioner-IR, RTO, Multan.
05. Muhammad Junaid Murtaza, Second Secretary, FBR, Islamabad.
06. Ms. Saqiba Manan, Deputy Commissioner-IR, Large Taxpayers Unit (LTU)-II, Karachi.
07. Syeda Lubna Shah, Assistant Commissioner-IR, RTO, Lahore.
08. Ms. Shahida Nazir, Assistant Commissioner-IR, Corporate RTO, Karachi.
09. Ms. Aqsa Ali, Assistant Commissioenr-IR-RTO-II, Karachi.
ISLAMABAD: Federal Board of Revenue (FBR) has revised additional customs duty on import of components for motor vehicles.
The FBR issued SRO 936 (I)/2019 dated August 19, 2019 to amend the SRO 693(I)2006 dated July 01, 2006.
The FBR amended Appendix-I of SRO 693(I)/2006 related to import of components for motor vehicles.
As per SRO 693(I)/2006 the additional customs duty at 15 percent was imposed on goods classifiable under tariff headings of the First Schedule to the Customs Act, 1969, as specified in Appendix I to the notification.
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KARACHI: Federal Board of Revenue (FBR) has divided territorial jurisdictions of tax offices in order to identify potential taxpayers in Karachi city – the commercial hub of the country, FBR officials said on August 24, 2019.
The FBR empowered Regional Tax Office (RTO) II and RTO III to identify persons having taxable income but not registered with tax authorities.
According to revised jurisdiction of commissioners of broadening of tax base (BTB) the RTO-II Karachi will exercise powers over civil districts of Karachi Division of Sindh Province, within the limits of areas, included: Saddar Town, Lyari Town, Jamshed Town, Liaquatabad, SITE, Baldia, Orangi, DHA, Clifton, Kemari Town, Clifton Cantt, Kemari Cantt and Manora Cantt.
The FBR created a new BTB unit at RTO-III Karachi empowering over all cases of persons who are not registered under the Income Tax Ordinance, 2001, who:
(a) are carrying on business within the territorial jurisdiction of following areas of Karachi Division of Sindh Province:
Gulberg Town
Gadap Town
New Karachi
North Nazimabad
New Nazimabad
Korangi Cantonment
Gulshan-e-Iqbal
Gulsitan-e-Johar
Shah Faisal Town
Malir Town
Faisal Cantonment
Malir Cantonment
Bin Qasim
Landhi,
In respect of any other person who reside within the territorial jurisdiction of areas specified at para (a) above;
Who have been issued notices under sub-section (2) of Section 181 of Income Tax Ordinance, 2001, by the commissioner or his sub-ordinate officers.
ISLAMABAD: Federal Board of Revenue (FBR) has advised all the officers of BS-17, who are in promotion zone, to submit their performance evaluation reports (PERs) up to September 10, 2019 for the consideration in the upcoming departmental promotion committee (DPC).
A circular issued by the FBR said that the meeting of DPC for promotion from BS-17 to BS-18 being convened shortly.
All BS-17 officers of Inland Revenue Service / Pakistan Customs Service and Ex-Cadre, who are in promotion zone, have been asked to get complete their PERs up to June 30, 2019 by September 10, 2019.
KARACHI: Federal Board of Revenue (FBR) has launched mobile application for verification of status of sales tax, active taxpayers list (ATL), online NTN/STRN inquiry etc.
According to updates on Friday the FBR launched Tax Asaan mobile application with selected functionality of Iris web application.
This mobile application provides the taxpayers a quick and on-the-go access of basic verification features like ATL, Online NTN/STRN inquiry, exemption certificate and CPR utilization status etc.
The FBR said that the new and simplified functionality has been proved under Tax Asaan mobile application for the users to get register for sales tax. “Now user can save time and instead of visiting Regional Tax Office (RTO) for sales tax registration they can simply fill in the registration form available on the Tax Asaan mobile application.”
The revenue body said that Tax Asaan – Sales Tax Registration feature facilitates both manufacturers and other than manufacturer categories of sales tax. Soon after successful registration the user will be able to generate bank CPR for payment of dues.
“However, in order to file sales tax return the user need to get bio-metric verification within a month of sales tax registration by visiting e-Sahulat centre of NADRA,” the FBR said.
ISLAMABAD: Federal Board of Revenue (FBR) has issued draft income tax return form for salaried and business individuals for tax year 2019.
The FBR issued SRO 951(I)/2019 on Friday and invited comments from stakeholders on the draft forms within seven days from the issuance of the date.
The revenue body issued the draft electronic return forms for business individuals, salaried persons and Association of Persons (AOPs).
The date for filing income tax returns for tax year 2019 is September 30, 2019 for the income year July 01, 2018 to June 30, 2019.
ISLAMABAD: Federal Board of Revenue (FBR) has said that up to 40 percent income tax shall be collected from a person not on the Active Taxpayers List (ATL) in case of receiving payment as non-resident person against foreign produced commercials.
According to Withholding Tax Card for tax year 2019/2020 issued by the FBR, the tax shall be deducted on payment for foreign produced commercials under Section 152A of the Income Tax Ordinance, 2001.
Every person responsible for making payment to a non-resident person shall collect withholding tax at the time of payment from non-resident person.
The FBR said that tax to be deducted from non-resident while making payments for foreign produced commercial for advertisement on any television channel or any other media at the rate of 20 percent of the gross amount.
For person not appearing in the ATL, the applicable tax rate is to be increased by 100 percent i.e. 40 percent of the gross amount. The deducted amount shall be final tax liability.
The FBR also issued withholding tax rates on payments to non-residents under Section 152 of Income Tax Ordinance, 2001.
The FBR said that every person shall deduct tax while making payments for royalties and fee for technical payments to resident under Section 152(1) of the Ordinance at the rate of 15 percent of the gross amount.
Every person shall deduct withholding tax rate under Section 152(1A) from:
a) Contract or sub-contract under a construction, assembly or installation project in Pakistan including a contract for the supply of supervisory activities relating to such project.
b) Any other contract for construction or services rendered relating there to.
c) Contract for advertisement services rendered by TV Satellite Channels.
The tax rate shall be 7 percent of the gross amount.
In case person is not appearing on the ATL, the applicable tax rate is to be increased by 100 percent i.e. 14 percent of the gross amount.
Under Section 152(1AA) the tax will be deducted from non-resident on any payment of insurance premium or re-insurance to non-resident person the tax shall be deducted at 5 percent of the gross amount.
Under Section 152(1AAA), the tax will be deducted at 10 percent of the gross amount on payments for advertisement services from non-resident person relaying from outside Pakistan.
In case persons not appearing on ATL, the applicable tax rate is to be increased by 100 percent i.e. 20 percent of the gross amount.
The FBR said that tax shall be deducted on remittance outside Pakistan, of fee for off-shore digital services, chargeable to tax u/s 6, to a non-resident person on behalf of any resident or a permanent establishment of a non-resident in Pakistan.
The FBR said that banking company or financial institution shall collect five percent of the gross amount from non-resident at the time the amount is actually paid.
In case persons not appearing in the ATL, the applicable tax rate is to be increased by 100 percent i.e. 10 percent of the gross amount.
Under Section 152(2), the tax deduction on payment to non-resident, no otherwise specified the tax rate shall be 20 percent of the gross amount. The tax shall be adjustable.
Under Section 152(2A), every prescribed person making payment to a prescribed person making payment to a permanent establishment of non-resident for
(a) sale of goods
(i) in case of a company the tax rate shall be four percent of the gross amount.
(ii) Other than company cases the tax rate shall be 4.5 percent of the gross amount.
Persons not appearing on ATL the applicable tax rate is to be increased by 100 percent i.e.
(i) in case of a company the tax rate shall be 8 percent.
(ii) other than company cases the tax rate shall be 9 percent.
(b) Rendering /providing of services the tax rate shall be two percent.
In the case of Transport service:
(i) in case of a company : 8 percent
(ii) Other than company cases: 10 percent
(c) Execution of a contract other than a contract for sale of goods or providing/ rendering of services.
(i) In case of sports persons: 10 percent
(ii) Other than sports persons: 7 percent
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday extended the last date for sales tax and federal excise duty (FED) payment for the month of July 2019 up to August 23, 2019.
The FBR in an office order informed all Chief Commissioners Inland Revenue of Large Taxpayers Units (LTUs) and Regional Tax Offices (RTOs) regarding extension in the date for submission of sales tax and FED return for the tax period of July 2019.
The FBR said that the date of payment of sales tax and FED for the tax period July 2019, which was due on August 10, 2019 and extended up to August 21, 2019, has been further extended up to August 23, 2019.
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday directed all offices of Inland Revenue and Pakistan Customs to ensure a clean and friendly environment in the offices across the country.
The FBR directed that all the offices of Inland Revenue and Pakistan Customs should maintain the highest level of cleanliness.
Sitting areas for visitors should be clean and well lit. Janitorial staff should be directed to maintain the cleanliness of offices and washrooms for officers, staff and visitors.
Parking space for officers should be clearly market and there should be reserved parking space for visiting taxpayers, tax practitioners, lawyers, chartered accountants and other visitors. The concerned officers should carry out periodic inspection of their respective premises and take necessary steps to ensure a clean working environment.
As FBR and its field formations receive a very large number of visitors on a daily basis, the concerned staff should extend necessary courtesy and respect to visiting taxpayers.
All sitting areas specified for visitors should have ample seating arrangements with availability of clean drinking water.
Keeping in view the overall security situation, each field office must chalk out a detailed security plan which must be strictly adhered.
The FBR further said that all security cameras should be made operational and video feed must be constantly monitored.
The FBR also directed the offices to contribute towards tree plantation campaign of the government by planting trees in their offices and residential colonies. The respective staff be directed to ensure maintenance and care of the green areas.
The FBR would conduct spot visit of field offices to verify compliance of the directions.