FBR

Federal Board of Revenue (FBR) was established on 01 April 1924 through depiction of the central board of revenue Act, 1924. Multiple changes were made inside the ministry to streamline the organization and its functions in 1974. FBR operates by keeping the tax evader under surveillance.

The basic role of the formation of federal board or revenue is to collect tax and spread tax awareness among citizens & business community. The department is divided under multiple divisions and performing their duties as per policies and law. Head of the institute is the chairman FBR who is directly appointed by the premier of Pakistan. Under the chairman operational members, policy member’s functional members, support member and support director generals are working who are directly reporting the progress of the work and organization to the Chairman.

Further down the hierarchy of the ministry includes the IR operations & policies members. Member fate, strategy planning and other members are working in the third layer of the ministry. FBR Chairman has the responsibility to do interactions with the president of the state, prime minister and other economic ministries including trade and industry.

 

FBR seals five Islamabad restaurants for issuing fake invoices

The Regional Tax Office (RTO) of FBR Islamabad sealed five prominent restaurants in Islamabad on… Read More

Aleem Khan holds FBR responsible for failed PIA sale

ISLAMABAD: Federal Minister for Privatization, Aleem Khan on Monday held the Federal Board of Revenue… Read More

NAB hands over possession of confiscated properties to FBR

KARACHI: The National Accountability Bureau (NAB) Karachi handed over possession of confiscated properties worth Rs… Read More

Pakistan’s tax returns up by 76 percent in 2024

ISLAMABAD: The Federal Board of Revenue (FBR) has released updated statistics on tax returns for… Read More

IMF ‘demands’ mini-budget as FBR fails to achieve tax target

ISLAMABAD: The International Monetary Fund (IMF) has demanded Pakistan to introduce a mini-budget after the Federal… Read More

FBR to disburse Rs32 bln tax refunds to exporters

Federal Board of Revenue (FBR) said that the board will disburse Rs.32 billion pending sale… Read More

FBR Launches Advance Stock Register System

Federal Board of Revenue (FBR) on Thursday launched an advanced Stock Register system via the… Read More

FBR rules out further extension in deadline for filling income tax returns

The Federal Board of Revenue (FBR) has ruled out further extension in the deadline of… Read More

FBR raises property valuation in 56 cities

The Federal Board of Revenue (FBR) has raised property valuation rates for immovable properties in… Read More

FBR proposes new rules for import of vehicles

The Federal Board of Revenue (FBR) issued a draft amendment to Pakistan’s Customs Rules 2001,… Read More

PM for using technology to improve tax, revenue collection

Prime Minister Shehbaz Sharif on Thursday directed the Federal Board of Revenue (FBR) to utilize… Read More

FBR increases sales tax on tractors in Pakistan

The Federal Board of Revenue (FBR) has notified a 4 per cent increase in sales… Read More

FBR abolishes Customs Intelligence department

The Federal Board of Revenue (FBR) has abolished the Customs Intelligence department due to poor… Read More

FBR expedites action against tax evader companies, individuals

The Federal Board of Revenue (FBR) has expedited its action against the tax evader companies… Read More

FBR extends deadline to file income tax returns

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline for submitting income tax… Read More

FBR issues statement on extension in returns filing deadline

The Federal Board of Revenue (FBR) Monday denied the possibility of further extension in the… Read More

FBR rules out further extension in returns filing deadline

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday denied possibility of further extension in the… Read More

FBR committed to bring 2.8 mln households into tax net, says spox

The Federal Board of Revenue (FBR) is all set to bring around 2.8 million potential… Read More

FBR mulls over income tax returns’ filing date extension

ISLAMABAD: The Federal Board of Revenue (FBR) mulling over extension in the last date of… Read More

KCCI demands extension in tax returns filing deadline

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has demanded Federal Board of Revenue (FBR)… Read More