Mar 20
Taxation
OECD assessment team visits FBR
ISLAMABAD: The Directorate General of International Taxes, Federal Board of Revenue, received Global Forum’s (OECD) Assessment Team at FBR Headquarters in Islamabad.
Jul 9
Finance, Taxation
Prize bonds, bearer instruments to be registered
KARACHI: Pakistani authorities have assured International Monetary Fund (IMF) of registering prize bonds and other bearer instruments to eliminate the use of these instruments in potential illegal activities and tax avoidance. The IMF issued Pakistan country report on Monday following successful $6 billion loan program. In order to make the program successful the Pakistani authorities … Read more
Feb 21
Taxation
Amendments to help Pakistan in controlling offshore tax evasion, avoidance: Vishno Raja
KARACHI: Amendments to Income Tax Ordinance, 2001 will help Pakistan in controlling offshore tax evasion and avoidance. This was stated Vishno Raja Qavi, former Chief Tax Policy, Federal Board of Revenue (FBR) at a seminar organized by Karachi Tax Bar Association (KTBA) on Thursday. Qavi said that taxation system had changed drastically since Pakistan became … Read more