FBR
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FTO to help clear sales tax refunds of exporters
Tells businessmen to bring refund complaints to ombudsman office
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PTI govt set to unveil mini-budget in 2 months
May impose additional taxes of around Rs150b to achieve collection target
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IMF cuts FBR’s tax target to Rs5.23 trillion
Sees budget deficit soaring to 7.6%, introduces major changes in loan conditions
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Council of Common Interests to meet today with heavy agenda
Chief ministers of four provinces and other participants of the meeting will also review water distribution agreement
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FBR seizes property, accounts worth Rs20b
Company owners had kept only Rs20 million worth of assets and transferred rest
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Qualifying for loan: World Bank asks PTI govt to seek CCI’s nod
World Bank urges federal, provincial govts to end distortions in sales tax regimes
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Avoidance of double-taxation treaty with UAE in jeopardy
Pakistan says UAE not sharing wealth details of Pakistanis holding residence visa of Dubai
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FBR to begin implementing deal reached with traders
Traders' body refuses to comply until all agreement terms are enforced
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NTC seeks exemption from 8% turnover tax
Tax has gone up from 1.25% to 8% after Finance Act 2015
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Sindh CM requests FBR chairman to refund Edhi’s money
Edhi Foundation had paid taxes for the import of vehicles in 2016-17 but was never returned the same
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IMF dismisses proposal of tax relief for builders
Global lender urges Pakistan to bring equity in distorted tax system
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Government policies leading to economic stability: PM Imran
Prime Minister calls for out-of-the-box thinking for economic progress
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Tax revenue shortfall widens to Rs218b
Federal excise duties collection stood at Rs99b as against the target of Rs111b, falling short of the target by Rs12b
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Exports must for economic turnaround: PM Imran
Asks his financial team to resolve issues of exporters on priority
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Retailers feel pinch of economic slowdown in Pakistan
Resort to cost-cutting measures such as layoffs, closure of outlets
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Tax collection target
IMF’s refusal to reduce annual tax collection target for the ongoing fiscal year must be worrying for the government
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Utility Stores Corporation awaits tax break, subsidy
Senate body had approved the relief over 1 month ago
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FBR sets up helpline to facilitate taxpayers
It will allow people to lodge complaints, seek resolution
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PM urges FBR to restore taxpayers trust
Assured FBR officials that they would be fully taken on board on tax reforms
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Giving FBR a decent burial
Revenuecracy has given the country many of its patronageattuned business tycoons, but not efficient revenue collectors
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191 Pakistani billionaires given tax relief of Rs61.4b
FBR shares financial details with NA panel of data provided by OECD
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FBR body terms PM Imran’s tax restructuring plan flawed
Says uncertainty created by approved plan can be damaging for revenue targets
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Good news for economy?
Isn’t it time to remind the govt of its claims to never compromise on steps to document economy, broaden the tax net?
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PM Imran greenlights plan for tax assessment surveys
Imran Khan approves full implementation of VAT regime for all business segments over next three years
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Talks between traders, FBR fail to make headway
APAT adamant to hold shutter down on Oct 29, 30 over CNIC condition
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Senate Committee takes major decisions on institutional reforms
342 departments would remain with federation of which a few would be privatised and others merged
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NA panel doubts FBR missed target due to low imports
Also suspects 16% rise in tax collection comes from blocking refunds, high inflation
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President Alvi backs action against corrupt taxmen
FTO had sought action against FBR officers involved in vehicle smuggling, sale
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Senate panel calls for curbing fruit smuggling
Recommends swift appointment of quarantine officers in Balochistan to tackle issue
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PTI govt reviews proposals for cottage industry
Finance ministry seeks FBR’s views on tax and duty exemption
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Provinces seek place in FBR Board-In-Council
Also want representation in Pakistan Revenue Automation Limited
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Mission (Im)possible
A transformation in terms of organisational change can assist in improving FBR’s performance
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FBR is a burden on country: SC judge
Justice Gulzar says 22,000 employees only manage to recover 20% of revenue
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FBR says dedicated unit facilitating trade
FBR dedicates anti-smuggling units
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PTI govt's efforts to widen tax base partially successful
Administrative problems and poor data quality hinder drive
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FBR opens bids for tracking cigarette manufacturing
Results reveal tax authorities may face legal battle from some contenders
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FBR sets Rs1.29tr tax collection target for third quarter
Works on avoiding shortfall in targets to meet IMF conditions
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Railways development work halted after FBR condition
FBR asked PR to furnish local purchases with receipts from only registered suppliers who paid 17% sales tax
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In Pakistan, large retailers to link outlets with FBR by Dec 1
They will not be entitled to reduced 14% sales tax if they fail to connect
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Senator alleges money laundering in IT sector
Says it is taking place due to collusion between Customs officials, private sector
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QCCI slams FBR officials over unruly attitude
Says authorities were trying to stop legal trade in the province, encouraging smuggling
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FBR to launch tax campaign
To get industrial and commercial consumers registered for income tax
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FBR notice seeking 18-year-old tax details shot down
SC says board did not send its notice to company within five years
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PTI govt hints at cutting PSDP to bridge tax shortfall
Walks a tight rope in meeting IMF target of controlling circular debt
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Top court decides not to allow unnecessary adjournment
Three-member bench, headed by Justice Umar Ata Bandial heard case regarding sales tax
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FBR misses quarterly tax target by Rs116 billion
Also falls short of refund target by Rs45b while return filers stand below 450,000
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PTI govt mulls incentives to revive construction sector
90% cut in tax liabilities on builders’ income earned from low-cost housing schemes planned
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New audit framework to be introduced from Oct 1
FBR chairman says objective of the move is to facilitate taxpayers
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Provinces reject FBR’s single tax portal MoU
Decide to send an amended draft to the board
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FBR decides to revamp IMS for restaurants
Recommends punishments for not installing system meant to stop evasion of sales tax