Karachi, March 4, 2024 – The Federal Board of Revenue (FBR) has experienced a significant boost, registering approximately 60,000 new active taxpayers in just three days since the launch of the latest Active Taxpayers List (ATL).
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The Federal Board of Revenue is Pakistan’s apex tax agency, overseeing tax collection and policies. Pakistan Revenue is committed to providing timely updates on the Federal Board of Revenue to its readers.
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FBR Introduces New SOP for Time Extension under Sales Tax Law
Islamabad, March 4, 2024 – The Federal Board of Revenue (FBR) took a significant step on Monday by officially notifying a new Standard Operating Procedure (SOP) for granting time extensions under the sales tax law.
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FBR Clears Rs 65 Billion in Tax Refunds for Exporters
Islamabad, March 4, 2024 – The Federal Board of Revenue (FBR) has achieved a significant milestone by promptly disbursing all outstanding tax refunds to exporters, amounting to a staggering Rs 65 billion.
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Taxpayers Eager to Secure ATL Status to Avoid FBR Action
In Pakistan, taxpayers are currently fervently seeking inclusion in the recently unveiled Active Taxpayers List (ATL) to shield themselves from the stringent measures enforced by the Federal Board of Revenue (FBR).
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FBR Officer Dismissed from Service for Embezzlement Charges
Karachi, March 1, 2024 – In a significant development, a Federal Board of Revenue (FBR) officer, Wazir Hussain Lashari, has been handed the major penalty of dismissal from service following charges of embezzlement.
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FBR Releases List of 3.35 Million Active Taxpayers for TY2023
Karachi, March 1, 2024 – In a bid to fortify its tax collection efforts and bolster the country’s fiscal health, the Federal Board of Revenue (FBR) unveiled a new list on Friday, spotlighting 3.35 million active taxpayers for the tax year 2023.
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FBR Exceeds Eight-Month Revenue Collection Target
Islamabad, February 29, 2024 – The Federal Board of Revenue (FBR) has outperformed its revenue collection target for the first eight months (July – February) of the fiscal year 2023-24, demonstrating robust economic recovery and fiscal management.
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FBR Directs Tax Offices to Remain Open Until 8:00 PM Today
Karachi, February 29, 2024 – The Federal Board of Revenue (FBR) has directed tax offices to remain open until 8:00 pm today, signaling an extended effort to ensure the timely collection of duty and taxes.
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FBR to Reveal New Active Taxpayers List on March 1, 2024
Karachi, February 29, 2024 – The Federal Board of Revenue (FBR) is gearing up to unveil the new Active Taxpayers List (ATL) for the tax year 2023 on March 1, 2024.
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FBR Invokes Section 7E Following Lahore High Court’s Ruling
Islamabad, February 29, 2024 – The Federal Board of Revenue (FBR) has taken a significant stride by invoking Section 7E of the Income Tax Ordinance, 2001, in response to a division bench overturning the earlier decision of a single bench.
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