Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
The Federal Board of Revenue says that sales tax on old and used clothes has been reduced. The official spokesperson of the FBR was clarifying a news item appearing in a section of the press, which had stated that the govt has increased sales tax on used cloths. She stated that Sales Tax on old and […]
The Federal Board of Revenue Wednesday advised the taxpayers and general public not to send their bank account details and password to emails received from any email address that is apparently from FBR. Any link to any bank is not provided on FBR’s website and FBR would never ask for your bank details and […]
Election authorities across Pakistan have started scrutiny of over 10,000 nomination papers filed until Sunday night, officials said Monday. The authorities will complete the process in a week time and a senior official of the election commission has said that the scrutiny will be merciless. The first phase of the election process has […]
Prime Minister Raja Pervez Ashraf has said widening the tax base and increasing tax-to-GDP ratio by raising the level of collection was imperative for sustainable development in the country. While presiding over a meeting of Federal Board of Revenue (FBR), the premier said that there was recorded an increase of 22 per cent in […]
Federal Board of Revenue unable to meet its target in January Wednesday, February 1, 2012: Federal Board of Revenue (FBR) tax collection for the month of January falls short of its target. According to commendable sources, the tax collecting institute needed to collect Rs140 billion for January, however, it was only able to accumulate somewhere […]
Federal Board of Revenue to collect Rs54 billion in payable taxes within five days Saturday, January 28, 2012: The Federal Board of Revenue (FBR) is stuck with an uphill task of collection Rs54 billion payable in taxes within next five days to meet the requirements of first half. If the tax collecting institution fails to […]
Federal Board of Revenue (FBR) has exposed a massive income tax evasion case in Faisalabad on Wednesday. The new intelligence wing of the authority unearthed the scandal, which involved benami bank transactions, under which huge taxable income was channeled in the hands of a low-paid employee through a local bank, who was not an existing […]
Federal Board of Revenue (FBR) has ignited rage among the exporters with its most recent notices, requiring the exporters to submit piles of records to the government authority. FBR has issued notices to exporter across the country seeking sales tax records under Section 25 of the Sales Tax Act 1990. The exporters are required to […]
