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Monthly Archives: October 2017

SECP issues warning to securities brokers against operating with illegal agents, branch offices

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has issued warning to securities brokers against operating with illegal or unregistered agents and branch offices. In...

FBR extends last date for filing annual income tax returns up to Nov 15

ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing annual income tax returns up to November 15 from October 31,...

FBR releases Rs12.5bn sales tax refunds

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday released sales tax refunds worth Rs12.5 billion against Refund Payment Orders (RPOs) issued by August 31,...

FBR notifies transfer/postings of IRS officers BS-16-20

KARACHI: Federal Board of Revenue (FBR) has issued transfer/postings of Inland Revenue Service Officers of BS-16-17-18-19-20 with immediate effects till further orders, notification issued...

FBR restrains internal audit from sending notices directly to taxpayers

KARACHI: Federal Board of Revenue (FBR) has amended laws to restrain directorate general of internal audit from issuing notices to taxpayers for providing information...

Tiles and sanitary ware industry threatens to shut down against imposition of regulatory duty

KARACHI: Mohammad Amin Lasania, Chairman, All Pakistan Tiles and Sanitary Merchants Association has warned the authorities that if regulatory duty and anti-dumping duty...

FBR urged to extend last date for filing annual return, wealth statement

KARACHI: Tax practitioners have urged Federal Board of Revenue (FBR) to extend the last date for filing income tax return that is expiring on...

PTBA demands return filing date extension up to Nov 30

KARACHI: Pakistan Tax Bar Association (PTBA) has demand the government of extending the last date for filing income tax return and wealth statement for...

FBR to release Rs13bn sales tax refunds by Oct 31

ISLAMABAD: The government has directed Federal Board of Revenue (FBR) to release sales tax refunds amount Rs13 billion by October 31, 2017 against Refund...

FBR suspends principal appraiser of Peshawar collectorate

ISLAMABAD: Federal Board of Revenue (FBR) has suspended a principal appraiser of Pakistan Customs Service (PCS) with immediate effect from September 19, 2017 on...

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