Islamabad

FBR plans AI-based system to detect false tax return data

Pakistan, Qatar reaffirm commitment to stronger energy cooperation

FBR’s ‘Out of Demand’ income tax collection jumps 110b to ₨266b in FY25

Govt generates Rs37.28b carbon levy in 9MFY26

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Islamabad

Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

FBR issues procedure for intimating retirement, submission of pension papers

22/02/2021

ISLAMABAD: Federal Board of Revenue (FBR) has issued procedure for officers and staff of tax machinery regarding intimation about their...

NPMC analyzes price trend of essential commodities

22/02/2021

ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the weekly meeting of the National Price Monitoring...

PM Imran commends FBR for achieving 7-month revenue collection targets

ISLAMABAD: Prime Minister Imran Khan has commended FBR Field Formations on achieving 7-months revenue targets by undertaking bold tax audit...

FBR transfers 4 PCS officers of BS-20 with immediate effect

ISLAMABAD: Federal Board of Revenue (FBR) issued notification for transfers and postings of BS-20 officers of Pakistan Customs Service (PCS)...

FBR implements rules for electronic issuance of income tax refunds

ISLAMABAD: Federal Board of Revenue (FBR) implemented the rules for electronic issuance of income tax refunds. The FBR issued SRO...

FBR exempts sales tax, VAT on sugar import

ISLAMABAD: Federal Board of Revenue (FBR) issued notification to exempt sales tax and value added tax on import of 500,000...

FBR seeks sales tax proposals for budget 2021/2022

ISLAMABAD: Federal Board of Revenue (FBR) on Friday invited sales tax proposals for the federal budget 2021/2022 and directed the...

FEDERAL MINISTER FOR FINANCE AND REVENUE, DR. ABDUL HAFEEZ SHAIKH, CHAIRING THE MEETING OF THE ECONOMIC COORDINATION COMMITTEE (ECC) OF THE CABINET, IN ISLAMABAD ON FEBRUARY 19, 2021.

ECC approves revocation of Neelum Jhelum surcharge to electricity consumers

ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC)...

FBR transfers 8 IRS officers of BS-19 with immediate effect

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and postings of BS-19 officers of Inland Revenue Service (IRS)...

Investment in premium prize bonds of Rs40,000 & Rs25,000 up 29pc

ISLAMABAD: Since the government imposed a ban on unregistered prize bonds, the investment in registered or premium prize bonds has...

FBR delegates powers, functions to Members

ISLAMABAD: Federal Board of Revenue (FBR) delegated its powers and functions to the Members under tax laws including income tax,...

People should use CNICs for heavy amount transactions: Dr. Waqar Masood

ISLAMABAD: Special Assistant to Prime Minister on Revenue Dr. Waqar Masood urged people to use their Computerized National Identity Cards...

Govt decides to abolish corporate income tax exemptions to address IMF concerns

ISLAMABAD: The federal government has planned to abolish corporate income tax (CIT) exemptions either via a presidential ordinance or by...

Finance ministry issues clarification regarding surplus balance

ISLAMABAD: Ministry of Finance has issued clarification regarding an article appearing in a section of press, it is stated that...

Hafeez Shaikh seeks suggestions from provinces for 10th NFC award

ISLAMABAD: Finance Minister Abdul Hafeez Shaikh Thursday chaired a meeting of the National Finance Commission (NFC) and asked the provinces...

FBR promotes 43 IR officers from BS-17 to BS-18

ISLAMABAD: Federal Board of Revenue (FBR) promoted 43 officers of Inland Revenue Service (IRS) from BS-17 to BS-18 on regular...

FBR slashes income tax rate to 0.25pc for sugar, cement, and edible oils dealers

ISLAMABAD: The Federal Board of Revenue (FBR) has slashed the income tax rate for dealers and sub-dealers of sugar, cement,...

FBR decides to share real-time data with federal, provincial departments

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to share real-time data, including videos and images, with other federal...

Agreement with IMF, a good development for Pakistan: Hafeez Shaikh

ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh Tuesday said that the staff-level agreement reached between International...

FBR transfers 6 IRS officers of BS-20 with immediate effect