FBR Extends Working Hours for Holidays
Islamabad Pakistan: The Federal Board of Revenue (FBR) has directed all customs field formations to remain open for extended hours to facilitate the collection of duties and taxes on the […]
Latest Tax News
FBR Chairman Warns Against Pressure Tactics for Choice Postings
Islamabad, Pakistan: The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood, has issued a stern warning to tax officials against using undue influence to secure preferred postings. The FBR has observed […]
FBR Announces Crackdown on Non-Filers Starting October 1
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has announced plans to launch a strict crackdown on non-filers starting October 1, 2024. The FBR aims to achieve an annual tax target […]
FBR Invites Public Input on Tax Reforms Funded by World Bank
Islamabad, Pakistan: The Federal Board of Revenue (FBR) is seeking public feedback on its tax reform initiatives undertaken as part of the World Bank-funded “Pakistan Raises Revenue” project. This project aims […]
FBR Grapples with Surge in “Junk” Tax Returns
Islamabad, Pakistan: The Federal Board of Revenue (FBR) is facing a significant challenge with the increasing number of “junk” tax returns, which account for 68% of all income tax returns filed […]
FBR Lacking Capacity to Audit Tax Returns: Finance Minister
Islamabad, Pakistan: In a recent interview, Pakistan’s Minister of State for Finance, Ali Pervaiz Malik, revealed that the Federal Board of Revenue (FBR) is grappling with a significant capacity constraint, hindering […]
Sindh Chamber of Agriculture Criticizes Proposed Increase in Tractor Sales Tax
Karachi, Pakistan: The Sindh Chamber of Agriculture has strongly criticized the Federal Board of Revenue’s (FBR) proposal to increase the sales tax on tractors from 10% to 18%. The chamber […]
FBR Should Pursue Tax Department Integration for Enhanced Efficiency
Islamabad, Pakistan: The Federal Board of Revenue (FBR) should prioritize the integration of tax departments to improve efficiency, reduce costs, and enhance transparency. Integration can lead to economies of scale, eliminate […]
IRSOA Criticizes FBR’s Transformation Plan, Demands Reforms
Islamabad, Pakistan: The Inland Revenue Service Officers Association (IRSOA) has expressed strong opposition to the Federal Board of Revenue’s (FBR) Transformation Plan, citing concerns over its content, execution, and lack of […]
Punjab Excise and Taxation Department: A Guide to Vehicle Registration Fees
Lahore, Pakistan: The Punjab Excise and Taxation Department is responsible for registering vehicles in the province. The department collects registration fees and issues registration certificates and number plates. Registration Fees for […]