October 1, 2022

Pkrevenue.com

Pakistan Revenue

Tag: Federal Board of Revenue

FBR surpasses first quarter collection target by Rs27 billion
Oct 1
Taxation

FBR surpasses first quarter collection target by Rs27 billion

ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the revenue collection target assigned for July – September 2022-2023 by Rs27 billion. The FBR in a statement issued on Friday stated that the target of the first quarter of the current financial year has also been surpassed by achieving Rs1635 billion against the target of […]

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LTO Karachi collects PKR 456 billion in 1QFY23
Sep 30
Taxation

LTO Karachi collects PKR 456 billion in 1QFY23

KARACHI: Large Taxpayers Office (LTO) Karachi has collected PKR 456.4 billion in the first quarter (July – September) 2022/2023. The LTO Karachi is the largest revenue collecting arm of the Federal Board of Revenue (FBR). The tax office has posted quarterly growth of 23 per cent as it collected PKR 371.3 billion in the same […]

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Dar appreciates FBR for taxing rich
Sep 29
Taxation

Dar appreciates FBR for taxing rich

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Ishaq Dar on Thursday appreciated the Federal Board of Revenue (FBR) for taxing the rich. The finance minister presided over a meeting on the revenue performance during his visit to the FBR Headquarter. READ MORE: FBR issues procedure, collection of capital value tax He appreciated the work […]

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Customs examiner penalized for submitting misleading lab reports
Sep 28
Pakistan Customs, Taxation

Customs examiner penalized for submitting misleading lab reports

ISLAMABAD: Federal Board of Revenue (FBR) has imposed major penalty upon a Customs chemical examiner for submitting wrong / misleading laboratory reports. According to details disciplinary proceedings under the Civil Servants (Efficiency & Discipline) Rules, 2020 were initiated against Aftab Ahmad, Assistant Chemical Examiner (BS-17), while posted at Collectorate of Customs, Port Muhammad Bin Qasim, […]

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FBR allows refund adjustment to facilitate return filing
Sep 27
Taxation

FBR allows refund adjustment to facilitate return filing

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday allowed refund adjustment to facilitate taxpayers in filing returns for tax year 2022. The FBR said it had received a number of representations from various Tax bars, businesses and other stakeholders on the issue of non-availability of refund adjustment tab in the return forms available in the […]

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