Tag Archives: Federal Board of Revenue

Taxing wealth created in real estate, stock market advised

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ISLAMABAD: The government has been advised to tax the wealth created in real estate and stock market besides there is need to lower corporate taxes.

FBR making all out efforts to achieve tax collection target: Dr. Irshad

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ISLAMABAD: Dr. Muhammad Irshad, Chairman, Federal Board of Revenue (FBR) on Saturday that the revenue body is making all out efforts for reaching the current year tax collection target of Rs3,621 billion.

Budget Proposals 2017/2018: 25pc tax rebate recommended for working women with children

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KARACHI: Pakistan Business Council (PBC) has proposed 25 percent tax rebate for working women with children in order to reduce the cost of child care for mothers entering full time employment impacting net household income.

Customs to observe extended working hours on March 30, 31 for duty-tax collection

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KARACHI: All customs collectorates will observe extended working hours on March 30 and 31 for collection of duty and taxes, said a notification issued by Federal Board of Revenue (FBR).

FBR notifies transfers of IRS officers BS-17-19

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ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday notified transfers and postings of Inland Revenue Service (IRS) officers (BS-17-19) with immediate effect and until further orders.

FBR appoints 153 inspectors, intelligence officers in customs department

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KARACHI: Federal Board of Revenue (FBR) has appointed 153 officials in the Customs Department as inspector and intelligence officers on the recommendations of Federal Public Service Commission (FPSC).

Pakistan, Switzerland sign tax treaty with revised exchange of information on OECD model

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ISLAMABAD: Pakistan and Switzerland on Tuesday signed revised avoidance of double taxation treaty, which replaced the article on exchange of information with the new one reflecting the internationally accepted standards based on the OECD Model.

FBR promotes chemical examiners to BS-17

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KARACHI: Federal Board of Revenue (FBR) on Monday announced promotions of Deputy Assistant Chemical Examiner (BS-16) in the Customs Laboratories at Karachi, Lahore and Faisalabad to the post of Assistant Chemical Examiner (BS-17) with immediate effect and until further orders.

FBR promotes customs officials to assistant collector post

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KARACHI: Federal Board of Revenue (FBR) has announced promotions of superintendents/principal appraisers in the Pakistan Customs Department to the post of Assistant Collector (BS-17) in Pakistan Customs Service (PCS) with immediate effect and until further orders.

Weekly ATL shows 14,547 tax returns filed to avail reduced withholding tax rates

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KARACHI: In order to get lower rate of withholding tax rates under Income Tax Ordinance, 2001 about 14,547 taxpayers file their annual returns during last week, according to Active Taxpayers List (ATL) issued by the Federal Board of Revenue (FBR) on Monday.