Daily Archives: November 15, 2017

FBR extends date for filing return, wealth statement up to Nov 30

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ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing annual income tax returns up to November 30 from November 15, 2017 for salary persons and business individuals.

Foreign direct investment increases by 74.4pc in four months

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KARACHI: The foreign direct investment (FDI) into Pakistan has increased by 74.4 percent to $940 million during first four months (July – October) of current fiscal year as compared with $538.7 million in the same period of the last fiscal year, State Bank of Pakistan (SBP) said on Wednesday.

FBR may extend last date for filing return considering taxpayers difficulties

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ISLAMABAD: Federal Board of Revenue (FBR) may extend the last date for filing income returns tax year 2017 considering difficulties faced by taxpayers due to slowdown in IRIS system.

ATL shows 1.32 million filers for tax year 2016

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ISLAMABAD: Federal Board of Revenue (FBR) has received 1.32 million income tax returns for tax year 2016, according to Active Taxpayers List (ATL) for the week ended November 12, 2017.

Customs intelligence to auction 42 confiscated vehicles on Nov 20, 21

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KARACHI: Anti-Smuggling wing of Directorate General of Intelligence and Investigation, Federal Board of Revenue (FBR) has announced auction of 42 confiscated vehicles and other goods to be held on November 20 and 21.

FBR issues SRO to impose super tax on banks during 2017

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ISLAMABAD: Federal Board of Revenue (FBR) has amended Seventh Schedule of Income Tax Ordinance, 2001 to impose super tax on bank for tax year 2017.