Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Inland Revenue Service Officers’ Association (IRSOA) has released a critical statement against the Federal Board of Revenue’s (FBR) recent policies, highlighting a significant revenue shortfall attributed to a…
KARACHI: The Federal Board of Revenue (FBR) has announced new transfers for customs officials. These notifications mandate that officials and officers previously assigned to certain formations will be transferred to…
KARACHI: The Federal Board of Revenue (FBR) has announced the functions and jurisdiction of the Directorate General of Intelligence and Investigation (Customs), along with its regional Directorates. This notification defines…
Guided by the vision of the Government to modernize Pakistan’s tax infrastructure, FBR is reinforcing its commitment to advancing tax administration and enhancing revenue collection through advanced digital solutions. As…
KARACHI: In accordance with the Directorate General of Reforms & Automation (Customs) at the FBR Headquarters in Islamabad, a “Super Audit Team” has been formed to conduct examinations and assessments…
KARACHI: Federal Board of Revenue (FBR) has notified large scale transfers and postings of Inland Revenue Service (IRS) officers ranging BS-21 to BS-20 with immediate effect. Here is the list:…
KARACHI: Federal Board of Revenue (FBR) has notified large scale transfers and postings of Pakistan Customs Service (PCS) officers ranging BS-20 to BS-19 with immediate effect. Mr. Ashraf Ali (Pakistan…
Islamabad: The Federal Board of Revenue (FBR) has missed its October 2024 tax revenue target.
The Federal Board of Revenue (FBR) has retracted its decision to implement significant changes in Customs under the Prime Minister’s Information Plan. The issuance of SRO 1637(I)/2024 had raised legal…
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that Mr. Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR), has agreed, in an exclusive, candid and detailed…
Pakistan’s tax return filers can soon enjoy government incentives for active taxpayers, as the Federal Board of Revenue (FBR) will publish the new Active Taxpayer List (ATL) on November 1,…
KARACHI: The Federal Board of Revenue (FBR) has announced new assignments for several Inland Revenue Service (IRS) officers, effective from various dates in October 2024. These changes are part of…
KARACHI: The second meeting of the Board was held on Tuesday, October 8, 2024, at the Federal Board of Revenue (FBR) headquarters in Islamabad. The meeting, presided over by Chairman…
KARACHI: In a move aimed at streamlining and centralizing operations, the Federal Board of Revenue (FBR) has issued SRO 1637(I)/2024, which redefines the structure and jurisdictions of Customs departments in…
In a surprising turn of events, the Federal Board of Revenue (FBR) has directed all Customs and Inland Revenue Service (IRS) field formations to immediately stop the recruitment process for…
KARACHI: Finance Minister Muhammad Aurangzeb has revealed that total revenue leakage and evasion in Pakistan amounts to approximately PKR 7 trillion, with half of this figure attributed to sales tax…
ISLAMABAD: The Establishment Division has announced that the Central Selection Board (CSB) will soon convene to consider promotions within the Inland Revenue Service (IRS) and Pakistan Customs Service (PCS). The…
As the Federal Board of Revenue (FBR) implements its ambitious Transformation Plan, several newly established field formations in various regions, including the Sargodha Collectorate, D.I. Khan Collectorate, Karachi Ports Collectorate,…
Islamabad: In a significant move aimed at enhancing efficiency and streamlining operations, the Federal Board of Revenue (FBR) has announced a series of re-designations, mergers, and changes in reporting lines…
KARACHI: The Federal Bureau of Revenue (FBR) has extended the deadline for submitting tax returns for the financial year 2024 to October 14, a 14-day extension. This extension is in…