Islamabad, May 8, 2024 – The Federal Board of Revenue (FBR) has commenced a comprehensive verification of date of birth records for officials within Pakistan Customs, aiming to streamline the process of managing retirement cases and other related administrative matters.
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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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World Bank Vice President Applauds FBR Reforms
Islamabad, May 8, 2024 – In a significant meeting held at the Federal Board of Revenue (FBR) headquarters on Wednesday, Martin Raiser, Vice President of the World Bank, met with Amjed Zubair Tiwana, the Chairman of FBR and Secretary of the Revenue Division.
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FBR Crackdown on Non-Filers Threatens 2.5 Million SIMs
Karachi, May 8, 2024 – The Federal Board of Revenue (FBR) has issued a directive that could lead to the suspension of approximately 2.5 million mobile phone SIMs.
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FBR Tightens Oversight on Sales Tax Collection via Bank Accounts
Islamabad, May 8, 2024 – The Federal Board of Revenue (FBR) has rolled out new guidelines aiming to enhance the regulatory framework for the collection of sales tax and federal excise duty (FED) through the attachment of taxpayers’ bank accounts.
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FBR Amends Sales Tax Rules for Balance Sheet Requirement
Karachi, May 8, 2024 – The Federal Board of Revenue (FBR) has amended the requirements for submitting balance sheets along with monthly sales tax returns.
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Thousands of Cases Stuck Amid Missing Rules for New Tax Laws
As the government rolled out the Tax Laws (Amendment) Act, 2024, thousands of tax cases have been bottlenecked at various tribunals, casting a shadow over the efficacy of the new legislative framework.
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CMOs Push Back Against SIM Block Directive for Tax Non-Filers
In a recent turn of events that has the telecom industry at odds with the Federal Board of Revenue (FBR), Cellular Mobile Operators (CMOs) in Pakistan have voiced significant apprehensions regarding the FBR’s directive to block SIM cards of tax non-filers.
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FBR Announces Key Team for Digital Transformation of Tax System
Islamabad, May 7, 2024 – The Federal Board of Revenue (FBR) has announced the formation of a project management team tasked with overseeing the digitalization of Pakistan’s tax system.
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FBR Gets Record 110,000 Active Taxpayers Amid SIM Blocking
Karachi, May 6, 2024 – The Federal Board of Revenue (FBR) has reported a record surge in active taxpayer registrations this week, with 110,000 new sign-ups, bringing the total to 4.18 million for the 2023 tax year.
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FBR to Enforce SIM Blocking of Non-Filers Despite PTA Refusal
In a recent move aimed at increasing tax compliance, the Federal Board of Revenue (FBR) has affirmed its intention to block the mobile phone SIMs of non-filers of income tax returns for the tax year 2023.
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