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
Tag: FBR
Need urged for broadening tax base
Need urged for broadening tax base
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
Efforts underway to enhance tax culture for boosting economic of country: Qadir
Efforts underway to enhance tax culture for boosting economic of country: Qadir
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
Iranian ambassador calls on chairman FBR
Iranian ambassador calls on chairman FBR
Delegation of Realtors calls on Chairman FBR
Delegation of Realtors calls on Chairman FBR
FBR’s decision of introducing new rules for tracking, monitoring of cargo containers hailed
FBR’s decision of introducing new rules for tracking, monitoring of cargo containers hailed
Dar congratulates FBR team for achieving July 2023 revenue target of Rs 539 bln
Dar congratulates FBR team for achieving July 2023 revenue target of Rs 539 bln
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
Govt ensures sustainability of external, fiscal sectors in FY2023.
Govt ensures sustainability of external, fiscal sectors in FY2023.
Word Bank, FBR reviews progress on PRR Project
Word Bank, FBR reviews progress on PRR Project
Chairman FBR inaugurates tax office at Murree
Chairman FBR inaugurates tax office at Murree
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)
PPMA delegation calls on Chairman FBR, discuss sale tax regime
PPMA delegation calls on Chairman FBR, discuss sale tax regime
FBR collects record Rs 7,000 bln tax by June 26: Dar
FBR collects record Rs 7,000 bln tax by June 26: Dar
FBR surpasses income tax collection target ahead of year’s close
FBR surpasses income tax collection target ahead of year’s close