Tag Archives: FBR

FBR notifies withholding tax rates for goods transports vehicles

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KARACHI: Federal Board of Revenue (FBR) has notified different withholding tax rates for goods transport vehicles to be paid by filers and non-filers of income tax return.

IR senior officer awarded ‘removal from service’ for corruption

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ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday imposed major penalty upon Muhammad Mustafa Kamal, BS-19 officer of Inland Revenue Service, presently posted as Additional Commissioner-IR, Regional Tax Office III, Karachi on the charges of inefficiency, misconduct and corruption.

FBR issue advisory against fake e-mails asking for taxpayers bank account details

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ISLAMABAD: Federal Board of Revenue (FBR) has advised taxpayers for not sharing their bank account details and password to any email sent from a fake FBR email address.

Withholding tax paid by stock members on sale, purchase of shares made final liability

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KARACHI: Federal Board of Revenue (FBR) has made withholding tax as final tax liability paid by members of stock exchange on commission earned on purchase or sale of shares.

FBR notifies withholding tax rates for brokerage, commission income

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KARACHI: Federal Board of Revenue (FBR) has notified withholding tax rates to be deducted from filers and non-filers on brokerage and commission income.

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

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

Tax directory 2016 shows 13.23pc increase in return filers

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ISLAMABAD: The number of income tax return filers has increased by 13.23 percent in one year, according to directory of all taxpayers issued by Federal Board of Revenue (FBR) on Friday.

Manufacturers to collect Rs450,000 from non-filers on sale of above 3,000CC vehicle

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KARACHI: The Federal Board of Revenue (FBR) has said that a non-filers of income tax return is required to pay up to Rs450,000 as withholding tax on purchase of motor vehicle.

FBR issues refunds amounting Rs26.43bn in first phase

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ISLAMABAD: Federal Board of Revenue (FBR) has issued refunds amounting Rs26.43 billion in the first phase against 10,439 Refund Payment Orders (RPOs).

FBR notifies major reshuffle in IRS; 75 senior officers transferred, posted

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ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday announced major reshuffle in Inland Revenue Service (IRS) and notified posting and transfers of 75 senior officers with immediate effect and until further orders.