The Pakistani government is set to implement stringent measures against non-filers of tax returns, as part of the amended Finance Bill 2024. One of the key proposals includes blocking bank …
FBR
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The Federal Government of Pakistan has unveiled a pioneering initiative, the ‘Pakistan Honor Card,’ for the tax year 2023. Designed to acknowledge the outstanding contributions of top taxpayers and exporters, …
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The Federal Board of Revenue (FBR) is coming to the aid of taxpayers facing challenges in meeting the initial income tax return deadline. While there is speculation about a possible …
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Business & Finance
How FBR Ensures Efficient Taxpayer Support and Issue Resolution?
by Fahadby FahadThe Federal Board of Revenue (FBR) is dedicated to providing the highest level of support and assistance to taxpayers. Timely resolution of issues raised by taxpayers is a top priority …
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Chairman Federal Board of Revenue (FBR) Asim Ahmad on Thursday launched IRIS 2.0, an upgraded version of the tax filing system developed by Pakistan Revenue Automation Limited (PRAL). On this …
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The Federal Board of Revenue (FBR) has extended the date of filing of income tax returns up to October 31st, 2022. According to a press release issued here on Friday, …
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Member Inland Revenue (IR) Operations, Federal Board of Revenue (FBR), Malik Amjad Zubair Tiwana has said that with the consultations of business community/retailers, the federal government was bringing fixed tax …
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The Federal Board of Revenue (FBR) collected net revenue of Rs 458 billion during July 2022, which exceeded the target of Rs 443 billion. According to the provisional revenue collection …
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Business & Finance
FBR creates history, exceeds revenue collection target of Rs.6.1 trillion in FY22
The Federal Board of Revenue (FBR) has created history by exceeding the revenue target set for the current fiscal year and collected tax of Rs6,125 billion during July-June (2021-22). The …
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Pakistan urgently needs a wider tax base through documentation and by netting millions of identified non-filers and tax evaders to pocket hefty pilfer-aged revenue rather than over burdening the existing …