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Tag: Federal Board of Revenue

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.

  • FBR notifies transfers, postings of IR Chief Commissioners

    FBR notifies transfers, postings of IR Chief Commissioners

    ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday notified transfers and postings of Chief Commissioners Inland Revenue (CCIR) with immediate effect and until further orders.

    The FBR notifies transfers and postings of following CCIR of BS-20-21 Inland Revenue Service (IRS):

    01. Nazir Ahmad Shoro (Inland Revenue Service/BS-21) has been transferred and posted as Chief Commissioner Inland
    Revenue Regional Tax Office, Multan from the post of Member, Federal Board of Revenue (Hq), Islamabad.

    02. Dr. Ghulam Mustafa Rahu (Inland Revenue Service/BS-21) has been transferred and posted as Member, Federal Board of Revenue (Hq), Islamabad from the post of Chief Commissioner-IR, Regional Tax Office, Sukkur.

    03. Dr. Muhammad Ali Khan (Inland Revenue Service/BS-21) has been transferred and posted as Member, Federal Board of Revenue (Hq), Islamabad from the post of Chief Commissioner-IR, Large Taxpayers Unit-II, Karachi.

    04. Dr.Lubna Ayub (Inland Revenue Service/BS-21) has been transferred and posted as Chief Commissioner Inland Revenue Regional Tax Office, Hyderabad from the post of Director, Directorate of Law, Karachi.

    05. Dr. Tauqeer Ahmad Memon (Inland Revenue Service/BS-20) has been transferred and posted as Chief Commissioner Inland Revenue Regional Tax Office, Sukkur from the post of Commissioner-IR, (WHT Wing) Regional Tax Office, Hyderabad.

    06. Shahid Iqbal Baloch (Inland Revenue Service/BS-20) has been transferred and posted as Chief Commissioner Inland Revenue (OPS) Large Taxpayers Unit-II, Karachi from the post of Chief Commissioner-IR, (OPS) Regional Tax Office, Hyderabad.

    07. Yousif Hyder Shaikh (Inland Revenue Service/BS-20) has been transferred and posted as Chief Commissioner Inland Revenue Regional Tax Office, Quetta from the post of Commissioner-IR, Corporate Regional Tax Office, Karachi.

    08. Sahibzada Abdul Mateen (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (Zone-I) Regional Tax Office, Quetta from the post of Chief Commissioner-IR, Regional Tax Office, Quetta.

    The FBR said that the officers who are drawing performance allowance prior to issuance of this notification shall continue to draw this allowance on the new place of posting.

  • CNIC condition on purchases remain part of law, deferred till September: FBR chairman

    CNIC condition on purchases remain part of law, deferred till September: FBR chairman

    KARACHI: The chairman of Federal Board of Revenue (FBR), Shabbar Ziaid on Wednesday said that condition of providing Computerized National Identity Card (CNIC) on purchase of above Rs50,000 is remain part of law.

    “However, its application has been deferred till September 30,” he said at an event organized by Management Association of Pakistan (MAP).

    He categorically said that the condition would not be withdrawn and he termed that it would result in massive compliance by persons having taxable income but not on the tax roll.

    The FBR chairman said that due to measures taken by the revenue body the number of return filers had increased beyond 2.5 million.

    He said that the tax authorities were making all out efforts to make procedure easy for return filing to further increase the number of return filers in the country.

    The chairman said that much of work against benami assets had been done. “The FBR is further accelerating actions against benami assets holders,” he added.

    He said that the prime minister had also issued instructions to take action against holders of Benami assets.

    Besides, he said, banks were also asked to provide details of benami bank account holders.

    The chairman said that the FBR had launched monitoring sales and purchases in sales tax and federal excise regimes.

    Shabbar Zaidi said that in order to resolve the issues of small traders, two different schemes had been proposed.

    He said that that efforts had been made to bring people in all sectors of economy into tax net. In this regard notices have been issued to educational institutions, doctors, engineers and lawyers.

  • FBR launches software to monitor sales tax returns

    FBR launches software to monitor sales tax returns

    ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday launched a software to monitor sales tax returns.

    Chairman Federal Board of Revenue Syed Muhammad Shabbar Zaidi has inaugurated the new software called Centralized Sales Tax & FED Assessment & Processing (CSTAP) to effectively monitor the sales tax returns.

    This software is inaugurated at FBR Headquarters which is developed by IR-Operations Wing of FBR.

    The purpose of the software is to identify the tax gaps and to determine actual Sales Tax/ FED liabilities of all taxpayers.

    The Chairman FBR was given live demonstration on the working and application of the new software by Ms. Seema Shakeel, Member IR-Operations.

    This software will also be used for the purpose of expeditious processing of refund claims.

    The Chairman FBR was also informed that first batch of 25 officers from field formations are given task to test run this project form 11th September 2019.

    However, after successful test run of this project, the same shall be made available to all field formations throughout the country.

  • FBR to launch audit of withholding agents

    FBR to launch audit of withholding agents

    KARACHI: Federal Board of Revenue (FBR) on Monday initiated a program of skill development of its officials to conduct system audit of withholding agents.

    A statement said that under the dynamic leadership of Syed Shabbar Zaidi, Chairman, FBR, a new initiative had been taken up by Faheem-ul-Haq, Director General (Withholding) and launched by Dr. Aftab Imam, Chief Commissioner, Corporate Regional Tax Office, Karachi.

    This initiative comprises the skill development of officers for system audit of withholding agents to monitor and improve the collection and deposition of withholding tax.

    The field officers of all eight field formations of Sindh and Balochistan i.e. Corporate RTO Karachi, Large Taxpayers Units I & II, RTO II & III Karachi, RTO Hyderabad, Quetta and Sukkur; are being trained into the system audit of withholding agents by a renowned chartered accountant.

  • FBR to make easy procedure for government employees to file returns

    FBR to make easy procedure for government employees to file returns

    ISLAMABAD: Federal Board of Revenue (FBR) on Monday said it will make easy procedure for government employees to file their annual income tax returns.

    Briefing the Standing Committee of the Senate on Finance, Revenue and Economic Affairs, the FBR officials said that they were working on the project of making procedure easy for government employees to make them filers and would complete in a week.

    Meeting of the Standing Committee on Finance, Revenue, and Economic Affairs was held today on August 26, under the chairmanship of Senator Farooq H. Naeeq at parliament house.

    The chairman committee recommended that FBR officials get this work done in next week and give presentation before the committee.

    Member custom operation DR. Jawad told the committee about decision of closure of container liner service that FBR hasn’t yet decided to close this service.

    Fiber optic work is also in process, it has become operational, and it has some issues which are under consideration.

    Senator Musadiq Malik said that this issue is not from FBR rather it’s from Commercial enterprises.

    So committee recommended calling secretary maritime affairs in the next meeting to loop up it on with detail.

    In the meeting, Maternity and Paternity leave bill 2018 by Senator Qurat ul Ann Marri, province wise details of Ministry of finance and its sub ordinate departments working under it by Senator Mir Kabir Ahmed, public petition by Muhammad Irfan regarding making a simple and understandable procedure for a government employee to become a filer and matter regarding decision for closure of regular container liner KGS service and Gawadar port were discussed.

    Senator Qurat ul Ann Marri briefed the committee about her bill, but Senator Musadiq was of the view that there are some contradictions in the bill and things need to be made clear.

    In Bill, it is requested that at the first three children birth; parents will get paid leave but not at the birth of 4th one, Nevertheless, it is discriminatory behavior with the 4th one.

    Furthermore, Senator Anwar ul haq Kakar said that with increasing span of leave one will not get the salary which is out of question.

    On the birth of child, one needs money too. Special secretary finance told them that on paternity leave, one gets 48 leaves with pay annually, one can avail from them. Chairman committee recommended that Ministry of law and Ministry of finance should prepare another drat of this bill within 15 days in the supervision of and collaboration with Senator Qurat ul Ann Marri and Senator Dr Musadiq Malik.

    Regarding province wise details of Ministry of finance and its sub ordinate departments working under it Senator Mir Kabir Ahmed said according to the documents provided appointments according to provincial quota are different in the Ministry of Finance and its sub ordinate departments.

    No officer is ever recruited on bigger posts from Baluchistan and in different departments posts are vacant. Chairman committee recommended it’d be better to call Advisor to Ministry of Finance and Secretary Establishment division in the next meeting to look up this matter in detail.

    Senator Musadiq Malik recommended providing other provinces details quota wise as well in next meeting.

    The meeting was chaired by Farooq H. Naeeq and was attended by Senator Mushahid Ullah khan, Musadiq malik, Mohsin Aziz, Anwar ul Haq Kakar, Qurat ul Ann Marri and Mir Kabir Ahmed, special secretary Finance Division Umar Hamid khan, Member custom operation FBR Dr. Jawad Agha, Chairman ECP Amir khan, Executive vice president NBP and others senior officials.

  • Draft income tax return form for salaried persons for tax year 2019

    Draft income tax return form for salaried persons for tax year 2019

    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.

  • IR officers participate in ‘tax management system for Pakistan’ in China

    IR officers participate in ‘tax management system for Pakistan’ in China

    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.

  • FBR revises additional customs duty on components for motor vehicles

    FBR revises additional customs duty on components for motor vehicles

    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.

    Download:

    SRO 936(I)/2019

    SRO 693(I)/2006

  • FBR issues broadening of tax base jurisdictions for Karachi

    FBR issues broadening of tax base jurisdictions for Karachi

    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.

  • FBR asks BS-17 officers to complete PERs for promotion

    FBR asks BS-17 officers to complete PERs for promotion

    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.