LCCI invites new FBR chairman Asim Ahmad to share future plans
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has congratulated the newly-appointed Chairman Federal Board of Revenue (FBR) Asim...
FBR getting details of its officers with dual nationality
LAHORE: The Federal Board of Revenue (FBR) is collecting information about the tax officials (Grade-17 and above) and their spouses...
Tax stamps mandatory for fertilizer bags from July 1: FBR
LAHORE: The Federal Board of Revenue (FBR) will confiscate fertiliser bags being cleared from production sites, factory premises or manufacturing...
FBR to apply track-and-trace system on manufacturing units of steel sector
LAHORE: The Federal Board of Revenue (FBR) has decided to implement the Track-and-Trace system on the manufacturing units of steel...
Writ petition against FTO orders dismissed
LAHORE: Lahore High Court (LHC) has dismissed writ petition against orders of Federal Tax Ombudsman. While deciding the matter of...
Railway police seizes non customs paid goods worth Rs4.1m from Jaffar Express
LAHORE: Railway police raided the Jaffar Express at Lahore railway station and seized 69 cartons of smuggled goods worth Rs4.1...
FBR announces prize winners of 4th POS invoice draw
LAHORE: The Federal Board of Revenue (FBR) conducted fourth draw of invoices issued through Point of Sales (POS) and announced...
FBR asks importers, retailers to file sales tax returns on priority basis
LAHORE: The Federal Board of Revenue (FBR) has asked importers and retailers to file their pending sales tax returns without...
FTO directs car manufacturers to pay KIBOR plus 3pc interest payment on late delivery
LAHORE: The Federal Tax Ombudsman (FTO) has directed car manufacturers to pay KIBOR plus 3 percent interest payment to customers...
FBR asks stakeholders to communicate changes in new HS version 2022 by April 20
LAHORE: The Federal Board of Revenue (FBR) has urged the stakeholders to examine the new Harmonised System (HS) version 2022...
FBR issues details of amnesty scheme for industrial sector
LAHORE: The Federal Board of Revenue (FBR) had issued details of the amnesty scheme for industrial sector and encouraged entrepreneurs...
FBR detects fraudulent declaration of goods in sales tax returns
LAHORE: The Federal Board of Revenue (FBR) has detected that traders in supply chain fraudulently declaring goods in sales tax returns. The...
FBR freezes bank accounts of Jazz to recover default income tax of Rs5.7b
LAHORE: The Federal Board of Revenue (FBR) has attached Pakistan Mobile Communications Limited Jazz bank accounts for committing income tax default amounting...
FEBR concerned over increase of 250 basis point in policy rate, abnormal surge in dollar prices
LAHORE: The Friends of Business and Economic Reforms (FEBR) president Kashif Anwar expressed deep concern over uncalled for increase of ...
FBR likely to give relaxation on integration with new systems
LAHORE: The Federal Board of Revenue (FBR) will give relaxation from return/statement filing and audit to withholding agents, manufacturers, dealers,...
FBR recovers Rs300m from Karandaaz on account of income tax default
LAHORE: The Federal Board of Revenue (FBR) has recovered Rs. 300 million from Karandaaz Pakistan on account of income tax...
Customs I&I foils bid to smuggle goods worth Rs120m from Quetta to Lahore
LAHORE: Directorate of Customs Intelligence and Investigation (I&I) foiled an attempt to smuggle huge quantity of smuggled tyres from Quetta...
FBR freezes bank accounts of Zong alleging income tax default
. LAHORE: The Federal Board of Revenue has frozen the bank accounts of China Mobile Pakistan Limited (Zong), accusing the...
FBR decides to upload profiles of non-filers
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to upload 3.5 million National Database and Registration Authority’s profiles of...
DG Valuation revises customs values on import of almonds
Lahore: Directorate General of Customs Valuation, Karachi has revised customs values, between $1.25 per kg and $2.35 per kg, on...
