Category Archives: IRS

IRS (Inland Revenue Service) is the most important organ of Federal Board of Revenue. This is responsible for collection of Income Tax and Sales Tax.

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FBR issues 120,000 notices by June 30, 2014 to expand tax base

  By Anjum • July 29, 2014 IRS, Legal, Revenue Collection

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FBR to update active taxpayers list every month

  By Zeeshan Ahmed • July 28, 2014 Announcements, IRS

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FBR to launch aggressive plan of broadening the tax base, new BTB director general assumes charge

  By Anjum • July 23, 2014 Exclusive Reports, IRS

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No major tax reforms announced; Unrealistic FBR target major risk to fiscal deficit: SBP

  By Anjum • July 20, 2014 IRS, Revenue Collection

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All resident persons belonging to association, trade bodies required to file income tax returns

  By Anjum • July 19, 2014 IRS

Legal proceedings against Abacus ELS ordered; ATIR advised to review orders

  By Zeeshan Ahmed • July 16, 2014 Exclusive Reports, IRS, Legal

There is urgent need to clampdown on corruption, leakages in tax machinery: State Bank

  By Anjum • July 11, 2014 IRS, Revenue Collection, Valuation/Assessment

FBR officials directed to implement revenue measures of revised sales tax, FED

  By Zeeshan Ahmed • July 11, 2014 IRS

Over 50 contraventions completed against misdeclared fabric; sales tax registration found to be issued to dead persons

  By Mashhud • July 7, 2014 Anti-Smuggling, Crime, Exclusive Reports, IRS, Valuation/Assessment

Procedure to collect sales tax from retailers unveiled

  By Zeeshan Ahmed • July 4, 2014 Announcements, Audit, Budget 2014-2015, IRS