Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

FBR seeks record of cases pending due to stay orders

byShahid Minhas
11/09/2018
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Federal Board of Revenue (FBR) has directed all the field formations to start recovery of Rs200 billion from the taxpayers which are pending in the tax cases, while the board also sought the record of tax cases from field formations in which appellate tribunal issued stay orders, it is learnt here.

According to official sources, the board has issued special directives in which it is informed to all field formations to use special power to recover tax money soon after passing 180 days of stay order from appellate tribunals. The special authority of recovery was assigned to field formations in the federal budget 2018-19, sources added.

You might also like

Cotton prices surge as Pakistan’s ginning season begins in second week of May for first time

15/05/2026

RCCI urge govt to withdraw smart lockdown in view of Eid Alzuha

15/05/2026

Sources said that according to FBR, around Rs385 billion of revenue is hanging in the tax conflicts where concerned departments and appellate tribunals have issued stay orders and the revenue cannot be recovered since long time causing loss to national exchequer.

The board has also informed that Rs200 billion is solely pending since 180 days as stay order issued by appellate tribunal. It is the responsibility of tax department to ensure the recovery of tax revenue by effectively trialing the tax cases pending in the tribunals, sources added.

Sources further said that the previous government had amended the Finance Act in the federal budget 2018-19 in order to early recovery of tax revenue pending in the tribunal cases and made limited the duration of stay order issued by appellate tribunal to 180 days while after 180 days the stay order will be considered as finished and the field formations will have the authority to recover the tax money, sources added.

Related Stories

Cotton prices surge as Pakistan’s ginning season begins in second week of May for first time

byCT Report
15/05/2026

ISLAMABAD: Cotton and lint prices surged as Pakistan’s ginning cycle began in the second week of May for the first...

RCCI urge govt to withdraw smart lockdown in view of Eid Alzuha

byCT Report
15/05/2026

RAWALPINDI:The Rawalpindi Chamber of Commerce and Industry (RCCI) on Thursday urged the government to withdraw the ongoing smart lockdown restrictions...

xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

Pakistan assures IMF it will expand banks’ access to monitor suspicious financial activity

byCT Report
15/05/2026

ISLAMABAD: The government has decided to make the assets of top government officials public by December 2026 as part of...

Rising investor interest drives sharp increase in registered prize bond holdings amid documentation push

byCT Report
15/05/2026

KARACHI: Investment in premium prize bonds in Pakistan increased by 24.30% in the year ended March 31, 2026, according to...

Next Post

Customs seizes 9 liquor bottles from ex-PIA employee at Karachi airport

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.