Nationwide campaign against electricity theft launched
Power Division secretary decides to prepare a list of areas witnessing electricity theft
Power Division secretary decides to prepare a list of areas witnessing electricity theft
Colombo to host remaining matches in Sri Lanka, confirms ACC
List of 11,000 people from major cities prepared, including industrialists, mill owners, large traders, property dealers, wholesalers, stockists
FBR identifies five major areas to plug revenue leakages amounting to Rs1 trillion
Govt wants to collect more taxes
Fund insists on stopping smuggling of 143 million liters of petroleum products per month
Bureau exceeds tax collection target for first quarter of current fiscal year by Rs63bn
FBR is expected to provide a report within 15 days
Revenue board is currently engaged in discussions with IMF
Decision comes after the FBR had previously granted a one-month extension, which expired yesterday
Board has collected data of personal, business transactions of non-tax filers individuals
Establishes 145 district tax offices across the nation
Initiative aims to bring 1.5 to 2 million new taxpayers into the fold by June 2024
Fixed tax rate of 40 percent has been established for the purpose of section 99D,
Agreement with UAE, Singapore, HK, and Afghanistan to curb under-invoicing and over-invoicing.
FBR’s strategy involves disconnection of electricity connections for tax defaulters
Ruling allows for a depreciation of up to 60 percent on used or refurbished mobile phones
Regulatory initiative, presented through the issuance of S.R.O. 1845(l)12023
Country faces challenges of widespread tax evasion, a low tax-to-GDP ratio
According to FBR, record Rs4,468 billion tax was collected in first half of the current financial year
The letter said that the purpose of these reforms is to improve the performance of the institutions and the government.
Move fulfills a key demand from the export sector
FBR officials suggest the plan may be implemented before announcement of new budget
Cities where registration process to kick off include Islamabad, Karachi, Lahore, Quetta, and Peshawar.
Data collection of employees in Grade 19, 20, 21 to assess financial integrity, professional performance
The Defense Minister underscores the magnitude of the issue
Registration of traders and shopkeepers will be from 1st April
Achievement marks 30% increase in tax revenue compared to previous fiscal year
Collaboration leads to fiscal milestone
Field formations instructed to compile data of non-filers from 2023
Inland Revenue chief commissioner instructs all field formations to disseminate information about extended deadline
Among these officers are those holding Grade 21 and 22 positions
Read names of 506,671 individuals who failed to file tax returns for the year 2023
PTA rejects FBR's request to block non-tax filers' mobile SIMs
Bureau also explores option of imposing 2.5% additional withholding tax on mobile phone usage by non-filers
Telecom operators to send warning messages to first batch of 5,000 non-filers in first phase
Initiative aims to promote culture of tax compliance, ensure implementation of tax laws
FBR shares data of 65,000 non-filers with telecom companies for SIM blocking
From July 2023 to May 2024, bureau collected Rs8,126bn, slightly below target of Rs8,159bn
Data of 5000 non-filers are being given to telecom operators on a daily basis
FBR chairman says out of this amount, Rs. 1,800 billion will be garnered through enhanced policy and enforcement efforts.
Lawmakers from ruling PML-N, PPP criticize incumbents for high taxation on dairy, infant and child nutrition milk powders
Directive includes specific instructions for land revenue chief commissioners to coordinate with SBP
Overall tax collection for the fiscal year indicates a positive trend
The FBR will independently determine the fair market value of the shops
Recent hike comes as FBR slaps 25% sales tax
PM Shahbaz Sharif will decide on Amjad Zubair Tiwana's resignation request.
Notification confirming his appointment has been officially issued
“External influence is a violation of government and Civil Servants Rules,” the circular reads
Two major companies allegedly funnelled staggering Rs72.83 billion out of Pakistan
Board hopeful revenue collection will increase on final day of August, help reduce overall shortfall
FBR reports a revenue shortfall of Rs115 billion for August
Officials warn mobile phone SIMs, electricity, gas supply of non-filers will be disconnected, bank accounts frozen
Bureau gears up to take stringent actions against individuals, businesses failing to comply with deadline
Final tax notices will be issued to millions of non-filers as the FBR seeks to enhance compliance
Non-filers to be barred from investing in securities, mutual funds, and money market
Slow response time of the FBR's system left many taxpayers anxious about their ability to comply with looming deadline
As of now, over 3.5 million taxpayers submit their returns
FBR issues notification of deadline
During first quarter, FBR collects Rs2,562bn in taxes, missing target of Rs2,652bn
Post of Member Accounting has been replaced by Member Organizational Audit