ISLAMABAD: An office of Inland Revenue of the Federal Board of Revenue (FBR) has disrespected the legal order by making tax recovery from a bank account of a taxpayer despite a stay order was granted to avoid harsh measure.
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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 removes taxpayers from ATL contesting deemed income in courts
ISLAMABAD: Federal Board of Revenue (FBR) has removed the names of taxpayers from Active Taxpayers List (ATL), who are contesting deemed income in various courts.
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FBR unveils new active taxpayers list for Tax Year 2022
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday, March 01, 2023 unveiled new Active Taxpayers List (ATL) for Tax Year 2022.
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FBR to squeeze taxpayers for generating Rs3.15 trillion in four months
ISLAMABAD: In pursuit of mammoth revenue target of Rs7.64 trillion, the Federal Board of Revenue (FBR) will squeeze taxpayers during four months (March – June) to generate Rs3.15 trillion.
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FBR explains increase in FED rates through Finance Supplementary Act 2023
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday explained the increased rate of Federal Excise Duty (FED) applied through Finance Supplementary Act, 2023.
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Sales tax rate enhanced to 18 pc for increasing tax to GDP ratio: FBR
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday said that standard rate of sales tax has been enhanced to 18 per cent to increase the tax to GDP ratio.
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FBR gets 4.19 million active taxpayers in last list for Tax Year 2021
Federal Board of Revenue (FBR) received 4.19 million taxpayers, according to an official document released on Monday. The FBR issued the last Active Taxpayers List (ATL) for tax year 2021. The revenue body carried the name of those individuals or corporate entities, who filed their returns till February 26, 2023.
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New massive taxation makes marriage functions very costly in Pakistan
New income tax rate on marriage functions in Pakistan has been introduced through Finance (Supplementary) Act, 2023. The rate shall be applicable
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FBR to issue new list of active taxpayers on March 01
KARACHI: Federal Board of Revenue (FBR) is set to issue new list of Active Taxpayers for the tax year 2022 on March 01, 2023.
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New rates of sales tax on mobile phones imposed through mini budget
ISLAMABAD: Federal Board of Revenue (FBR) has issued new rates of sales tax on mobile phones after implementation of the mini budget.
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