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HomeTagsFederal Board of Revenue

All Stories: Federal Board of Revenue

FBR’s capacity to be enhanced to meet tax targets: Shabbar Zaidi

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi here on Tuesday said that board's capacity would be enhanced to meet tax targets.

Reza Baqir appointed SBP Governor, Ahmed Mujtaba Memon to head FBR

Earlier in the day, ARY News had reported Dr Baqir and Dr Memon as top contenders for the posts of Governor SBP and Chairman FBR.

TAX free mobile phone top-ups till further notice

ISLAMABAD: The cell phone users in Pakistan will continue to enjoy 100 percent tax-free mobile credit till phone companies come up with a tax...

FBR seeks banks’ support for income tax return filing

ISLAMABAD: As part of an outreach programme to boost the filing of Income Tax returns, Federal Board of Revenue (FBR) has started contacting the...

Govt seeks suggestions on regulation of taxes to philanthropy

ISLAMABAD: In order to end tax evasion, government seeking suggestions for better regulation of taxation in philanthropic activities. This was stated by Federal Board of...

LHC suspends Rs10m tax notices sent by FBR to Tareen

LAHORE: Lahore High Court (LHC) has on Monday suspended wealth tax notices worth Rs10 million sent by Federal Board of Revenue (FBR) to Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen, ARY News reported.

Changes to be introduced in sales tax e-system: FBR chief

ISLAMABAD: Federal Board of Revenue (FBR) is planning to make Sales Tax Electronic System active in order to meet the revenue target of Rs. 3.6 trillion for FY16-17.

FBR pleas court to probe Ayyan’s source of income

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday filed petition in Islamabad High Court (IHC) to probe supermodel Ayyan Ali’s source of income, ARY News reported.

FBR to launch automated system for e-filing of sales tax returns

ISLAMABAD: Federal Board of Revenue (FBR) intends to launch a modified automated system for electronic filing of sales tax and federal excise returns.

FBR cuts sales tax on petroleum products; prices remain same

ISLAMABAD: Federal Board of Revenue (FBR) on Saturday cut sales tax on petroleum products, however public will not get benefit from it as prices would remain same.

Ayyan Ali’s name placed on ECL

ISLAMABAD: Interior Ministry on Sunday placed model Ayyan Ali's name on the Exit Control List (ECL), ARY News reports.

Nisar appointed FBR chairman

ISLAMABAD: The government has appointed Nisar Muhammad Khan, a senior officer of the Customs Group, as the new chairman of Federal Board of Revenue.

Government increases GST on POL products to 22pc

ISLAMABAD: Government on Tuesday deprived masses from relief of Rs. 5 billion by increasing the general sales tax (GST) on all petroleum products from the existing 17 per cent to 22 per cent, ARY News reported.

Tax collection during Jul-Oct 2014-15 increased

KARACHI: The official institution responsible for countrywide tax collection, Federal Board of Revenue (FBR) said that tax collection during sit-ins increased by Rs.87 billion, ARY News reported.

FBR extends date for filling income tax returns

KARACHI: The Federal Board of Revenue (FBR) has granted 21 days extension in filling of income tax return for the year 2014, ARY News reported.

FBR’s e-filling system goes down

KARACHI: Millions of taxpayers facing many problems in submitting income tax returns for tax year 2014 as Federal Board of Revenue's (FBR) newly-introduced online system not working properly, ARY News reported.

FBR’s irresponsible measures will effect investments adversely: PBC

PBC warns Federal Minister for Finance against FBR measure as it has increased the cost of doing business in Pakistan.

FBR sets Rs.676.9bn as revenue collection target for Q2

ISLAMABAD: The Federal Board of Revenue (FBR) has set revenue collection target of Rs 676.9 billion for second quarter (Q2) of the fiscal year 2014-15, ARY News has learnt.

FBR collects Rs.549 bln during first quarter

ISLAMABAD: The Federal Board of Revenue (FBR) has reflected an increase of 14 per cent in tax collection during the first quarter (July-September) of Fiscal Year 2014-15 as compare to same period of previous fiscal year, ARY News reported.

FBR issues new tax return forms

KARACHI: The Federal Board of Revenue (FBR) has made several reforms in the process of filing tax returns, ARY News reported.
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