Tag: FBR

Fawad stresses for revamping taxation system, privatizing SOEs

ISLAMABAD, Nov 27 (APP): Caretaker Federal Minister for Privatization, Fawad Hasan Fawad  on Monday highlighted the flaws in the country’s taxation system by informing that around 93 percent of the collected tax revenue is either voluntary or withholding; whereas, only 7 percent is actually collected by the Federal Board of Revenue (FBR). Mr. Fawad Hasan… Continue reading Fawad stresses for revamping taxation system, privatizing SOEs

FBR establishes District Tax Offices across country to broaden tax base

ISLAMABAD, Nov 17 (APP): As part of restructuring measures, the Federal Board of Revenue (FBR) has established 145 District Tax Offices to bring 1.5 to 2 million new taxpayers into the tax net till June, 2024. The Prime Minister had stressed the importance of revenue and increasing the existing number of tax filers during recent… Continue reading FBR establishes District Tax Offices across country to broaden tax base

Illicit cigarettes causing loss of billions rupees to national exchequer: PTC

ISLAMABAD, Nov 7 (APP):Pakistan Tobacco Company (PTC) on Tuesday said increase in illicit cigarettes could potentially cause a revenue loss of approximately Rs 310 billion to the national exchequer during the current fiscal year (2023-24). Briefing the media, Area Head of Legal and External Affairs, Asia Pacific, Middle East and Africa (WEST) at BAT Group… Continue reading Illicit cigarettes causing loss of billions rupees to national exchequer: PTC

Chairmen NADRA, FBR discuss data sharing of eligible taxpayers

ISLAMABAD, Oct 19 (APP): Chairman Federal Board of Revenue (FBR) Malik Amjed Zubair Tiwana on Thursday held a meeting with Chairman National Database and Registration Authority (NADRA) Lieutenant General Muhammad Munir Afsar at FBR Headquarters. During the meeting, matters pertaining to data sharing of eligible taxpayers were discussed, said a news release here. It was… Continue reading Chairmen NADRA, FBR discuss data sharing of eligible taxpayers

FBR surpasses target by RS. 63 billion

ISLAMABAD, Sep 30 (APP): For the first quarter of the current financial year, FBR has collected Rs 2,041 billion (2022: 1644 billion) against the assigned target of Rs 1,978 billion thus exceeding the target by Rs 63 billion. FBR has also put in exceptional efforts to achieve the revenue target for the month of September… Continue reading FBR surpasses target by RS. 63 billion

FBR launches IRIS 2.0, redefining user experience, efficiency

ISLAMABAD, Jul 27 (APP):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 occasion, Member Inland Revenue (IR) Operations, Member Information Technology (IT) , Chief Executive Officer PRAL and heads of IR and IT wings… Continue reading FBR launches IRIS 2.0, redefining user experience, efficiency

Former Chairman of the Federal Board of Revenue (FBR) Syed Shabbar Zaidi addressing a seminar titled ‘The State of Pakistan’s Economy: What Next’ organized by the Pakistan Institute of International Affairs (PIIA)

APP43-150723 KARACHI: July 15 – Former Chairman of the Federal Board of Revenue (FBR) Syed Shabbar Zaidi addressing a seminar titled ‘The State of Pakistan’s Economy: What Next’ organized by the Pakistan Institute of International Affairs (PIIA). APP/SDQ/ABB/FHA
APP43-150723 KARACHI: APP44-150723 KARACHI: July 15 – Prominent Economist Dr. Kaiser Bengali addressing a seminar titled ‘The State of Pakistan’s Economy: What Next’ organized by the Pakistan Institute of International Affairs (PIIA). APP/SDQ/ABB/FHA

Finance Minister Senator Mohammad Ishaq Dar chairing the concluding session of the Business & Technical Anomaly Committees meeting at FBR

APP92-200623 ISLAMABAD: June 20 - Finance Minister Senator Mohammad Ishaq Dar chairing the concluding session of the Business & Technical Anomaly Committees meeting at FBR. APP/TZD
APP92-200623 ISLAMABAD:

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