Category Archives: Inland Revenue

Further tightening of laws for non-filers in budget 2017/2018: Member IR Operations

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KARACHI: Federal Board of Revenue (FBR) has indicated further tightening of laws against non-filers on income tax returns in the budget 2017/2018.

FBR announces promotion of 56 IRS officers to BS-20

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ISLAMABAD: Federal Board of Revenue (FBR) on Saturday announced promotion of Inland Revenue Service (IRS) from BS-19 to BS-20 on regular basis in their group with immediate effect.

13 IRS officers promoted to BS-21

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ISLAMABAD: The Federal Board of Revenue (FBR) has notified promotion of 13 officers of Inland Revenue Service (IRS) from BS-20 to BS-21 with immediate effect on regular basis.

FBR notifies postings of Members; Rehmatullah Wazir made Member IR Operations

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ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified transfers and postings of Members and Rehmatullah Khan Wazir has been posted as Member Inland Revenue (IR-Operations).

Undocumented property in spouse name to be treated benami transaction

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ISLAMABAD: Any property in the name of spouse will be treated benami of a person if the property found undocumented, said an official of Federal Board of Revenue (FBR).

SRB to hold meetings with stakeholders from next week

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KARACHI: Khalid Mahmood, Chairman, Sindh Revenue Board (SRB) on Wednesday said that issues between the revenue body and stakeholders will be resolved soon as the SRB is going to hold meetings separately with representatives of each sector from next week onwards.

ECC allows withholding tax exemption on dividends to transmission line projects

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ISLAMABAD: The government has allowed exemption from withholding tax on dividends to electricity transmission line projects.

FBR notifies transfer, postings of BS-19-20 IRS officers

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ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday notified transfers and postings of Inland Revenue Service (IRS) officers of BS-19-20 with immediate effect and until further orders.

Pakistan, Netherlands renegotiate avoidance of double taxation treaty

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ISLAMABAD: Pakistan and Netherlands have commenced negotiations on a new avoidance of double taxation agreement between the two countries.

FBR to reward whistleblowers under benami law

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KARACHI: The Federal Board of Revenue (FBR) will give reward to a person, who provides credible information and that is helpful in identification of a benami property or benami transaction.