Government aims 15 percent tax-to-GDP ratio through broadening of tax base
KARACHI: The government has aimed at increasing tax-to-GDP ratio to … Continue reading
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Category Archives: IRS
Sales tax increased to 17 percent, 100pc withholding tax made mandatory from unregistered persons on purchases
KARACHI: The federal government has taken a harsh measure by … Continue reading
Crackdown against corrupt officials on the cards; FBR puts ban on ex-Pakistan leave without asset declaration
KARACHI: The Federal Board of Revenue (FBR) has imposed an … Continue reading
FBR announces amnesty scheme to exempt penalites; Rs20 billion likely to be collected
KARACHI: In order to generate size able revenue during the … Continue reading
Assessing officers directed to ensure 2 percent sales tax, 2 percent additional tax on fabric import
KARACHI: Pakistan Customs has directed the assessing officers to ensure … Continue reading
Banks to be tightened by PML-N government on sharing depositors’ details; Citibank rejects FBR demand
KARACHI: The protective regime for banking sector in Pakistan may … Continue reading
Sales tax on mobile phones rationalized; burden of collection shared with cellular companies
KARACHI: The Ministry of Finance (Revenue Division) has rationalize the … Continue reading
FBR fails to continue double digit growth pattern of past ten years
KARACHI: Federal Board of Revenue (FBR) has failed to continue … Continue reading
DG I&I Inland Revenue exceeds jurisdiction in suspending sales tax registration
KARACHI: The Federal Board of Revenue (FBR) has said that … Continue reading
FBR directed to resolve issues with Sindh revenue board, release sales tax refunds
KARACHI: Shoaib Suddle, Federal Tax Ombudsman (FTO) has directed the … Continue reading