FBR extends last date for sales tax, FED payment and return filing
KARACHI: The Federal Board of Revenue (FBR) has extended the last date for one week for payment of sales tax and federal excise duty and filing of sales tax/federal excise…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has extended the last date for one week for payment of sales tax and federal excise duty and filing of sales tax/federal excise…
KARACHI: A two-member team of Federal Board of Revenue (FBR) is visiting Switzerland on August 25 to discuss money transferred by Pakistani individuals and corporate entities to Swiss banks, sources…
KARACHI: Customs Appellate Tribunal has observed that customs officials can file appeal against cleared consignments with a fresh show cause notice. The tribunal deposed of several appeals by the consolidated…
KARACHI: Pakistan Customs has directed the collectorates to conduct assessment of measures taken in the Federal Budget 2014/2015 and work out estimates of revenue collection for fiscal year 2014/2015 besides…
KARACHI: Though the Federal Board of Revenue (FBR) has prevented the leakage of illegal refunds through taking stern measures yet many companies having registrations on fake documents are still active…
KARACHI: The offices of customs collectorates and Inland Revenue have been asked to submit the claims for grant of move-over for higher scale by August 31, 2014. The Federal Board…
KARACHI: The Federal Board of Revenue (FBR) has revised the conditions for issuance of exemption certificate on import of raw material by manufacturers, according to an statutory regulatory order (SRO)717(I)/2017.…
KARACHI: Establishment Division has issued a list of nominated officers of Pakistan Customs Service (PCS) for 18th Mid Career Management Course (MCMC) at National Institute of Management (NIM), Federal Board…
KARACHI: The overall Customs duty collected during the month of July 2014 stood at Rs14.687 billion down 7.24 percent from Rs15.835 collected in July 2013 as the long Eid holidays…
KARACHI: Transparency International Pakistan (TIP) has requested the chairman of Federal Board of Revenue (FBR) to take immediate action for recovery of billions of rupees evaded taxes from persons involved…
KARACHI: Sindh Revenue Board (SRB) on Thursday notified rates for sales tax on services effective from July 01, 2014. The rates included the exempted services and those where concessions have…
KARACHI: Establishment Division has issued a list of nominated officers of Inland Revenue Service (IRS) BS-18 for 18th Mid Career Management Course (MCMC) at National Institute of Management (NIM), Federal…
KARACHI: The Federal Board of Revenue (FBR) has directed the officers of Inland Revenue service (IRS) and Pakistan Customs Service (PCS) to file declaration of assets for the year ending…
KARACHI: More than 120,000 initial notices (u/s 114 of the Income Tax Ordinance 2001) have been issued – based on large potential fiscal liabilities and location to ensure the initiative…
KARACHI: The Federal Board of Revenue (FBR) has decided to update the details of active taxpayers on its web portal on 15th day of every month. Statutory regulatory order (SRO)…
KARACHI: Transparency International Pakistan (TIP) has rejected the FBR’s clarification on monitoring of production and said that the revenue authorities should take corrective steps to stop Rs 600 billion tax…
KARACHI: The Federal Board of Revenue (FBR) has made mandatory for the airlines to deposit the collected advance tax within seven days from the date when the tax from person…
KARACHI: The Federal Board of Revenue (FBR) has directed its concerned officials to collect sales tax from retailers in a systematic manner, Sales Tax General Order said on Thursday. As…
KARACHI: The State Bank of Pakistan (SBP) on Saturday identified major risk to fiscal deficit target of 4.9 percent in the current fiscal year is from the revenue side as…
KARACHI: The Federal Board of Revenue (FBR) has said that all the resident persons belonging to any association or trade body are required to file income tax returns. Through the…