Tag Archives: FBR

FBR allows zero-rate to 5 textile units on electricity consumption

fbr

ISLAMABAD: Federal Board of Revenue (FBR) has allowed sales tax zero-rated on consumption of electricity to five textile units in order to reduce their cost of production for subsequent increase in the country’s exports.

FBR advised establishing behavioral insight units for exploring revenue potential

State_Bank_of_Pakistan_logo.svg_

KARACHI: State Bank of Pakistan (SBP) has given a solution for enhancing tax-to-GDP ratio through establishing a behavioral insight team by Federal Board of Revenue (FBR).

People have no trust on tax machinery: FTO

fbr

KARACHI: People have no trust on tax machinery so they do not want to come into tax net, Mushtaq Ahmad Sukhera, Federal Tax Ombudsman said on Friday.

FBR notifies transfers, postings of BS-20-21 IRS officers

fbr

ISLAMABAD: Federal Board of Revenue (FBR) has notified transfers and postings of senior officers of Inland Revenue Service (IRS) in BS 20 and 21 with immediate effect and until further orders.

FBR issues second clarification on downward adjustment in property valuation

fbr

ISLAMABAD: Federal Board of Revenue (FBR) has issued second clarification to explain the downward adjustment in valuation of immovable properties in six different cities.

FBR invites customs proposals for budget 2018/2019

pak_customs1

ISLAMABAD: Federal Board of Revenue (FBR) has invited customs related proposals for budget 2018/2019 and asked stakeholders to submit the recommendations by January 31, 2018.

Immovable property values reduced to remove anomalies: FBR

fbr

ISLAMABAD: Federal Board of Revenue (FBR) on Monday said the valuation of immovable properties have been revised downward to remove anomalies on complaints from stakeholders.

Maximum facilities to business community in next budget: Haroon Akhtar

fbr

ISLAMABAD: The government is aiming to provide maximum tax facilitation to business community in the upcoming budget to accelerate economic activities, Special Assistant to the Prime Minister/Federal Minister on Revenue Haroon Akhtar Khan said on Monday.

FBR allows zero-rate electricity to eight textile units

fbr

ISLAMABAD: Federal Board of Revenue (FBR) has allowed sales tax zero-rated on consumption of electricity to eight textile units in order to reduce their cost of production for subsequent increase in the country’s exports.

Amnesty to protect tax evaders, financial criminals under consideration, to be introduced soon

fbr

KARACHI: The government is planning to shelter tax evaders and financial criminals to document the looted money under an amnesty that is likely to be introduced before the implementation of international treaty related to exchange of information.