FBR

Officials claim detection of tax theft of Rs10 billion via the registration of fake industrial units

Tells businessmen to bring refund complaints to ombudsman office

May impose additional taxes of around Rs150b to achieve collection target

Sees budget deficit soaring to 7.6%, introduces major changes in loan conditions

Chief ministers of four provinces and other participants of the meeting will also review water distribution agreement

Company owners had kept only Rs20 million worth of assets and transferred rest

World Bank urges federal, provincial govts to end distortions in sales tax regimes

Pakistan says UAE not sharing wealth details of Pakistanis holding residence visa of Dubai

Traders' body refuses to comply until all agreement terms are enforced

Tax has gone up from 1.25% to 8% after Finance Act 2015

Edhi Foundation had paid taxes for the import of vehicles in 2016-17 but was never returned the same

Global lender urges Pakistan to bring equity in distorted tax system

Prime Minister calls for out-of-the-box thinking for economic progress

Federal excise duties collection stood at Rs99b as against the target of Rs111b, falling short of the target by Rs12b

Asks his financial team to resolve issues of exporters on priority

Resort to cost-cutting measures such as layoffs, closure of outlets

IMF’s refusal to reduce annual tax collection target for the ongoing fiscal year must be worrying for the government

Senate body had approved the relief over 1 month ago

It will allow people to lodge complaints, seek resolution

Assured FBR officials that they would be fully taken on board on tax reforms

Revenuecracy has given the country many of its patronageattuned business tycoons, but not efficient revenue collectors

FBR shares financial details with NA panel of data provided by OECD

Says uncertainty created by approved plan can be damaging for revenue targets

Isn’t it time to remind the govt of its claims to never compromise on steps to document economy, broaden the tax net?

Imran Khan approves full implementation of VAT regime for all business segments over next three years

APAT adamant to hold shutter down on Oct 29, 30 over CNIC condition

342 departments would remain with federation of which a few would be privatised and others merged

Also suspects 16% rise in tax collection comes from blocking refunds, high inflation

FTO had sought action against FBR officers involved in vehicle smuggling, sale

Recommends swift appointment of quarantine officers in Balochistan to tackle issue

Finance ministry seeks FBR’s views on tax and duty exemption

Also want representation in Pakistan Revenue Automation Limited

A transformation in terms of organisational change can assist in improving FBR’s performance

Justice Gulzar says 22,000 employees only manage to recover 20% of revenue

FBR dedicates anti-smuggling units

Administrative problems and poor data quality hinder drive

Results reveal tax authorities may face legal battle from some contenders

Works on avoiding shortfall in targets to meet IMF conditions

FBR asked PR to furnish local purchases with receipts from only registered suppliers who paid 17% sales tax

They will not be entitled to reduced 14% sales tax if they fail to connect

Says it is taking place due to collusion between Customs officials, private sector

Says authorities were trying to stop legal trade in the province, encouraging smuggling

To get industrial and commercial consumers registered for income tax

SC says board did not send its notice to company within five years

Walks a tight rope in meeting IMF target of controlling circular debt

Three-member bench, headed by Justice Umar Ata Bandial heard case regarding sales tax

Also falls short of refund target by Rs45b while return filers stand below 450,000

90% cut in tax liabilities on builders’ income earned from low-cost housing schemes planned

FBR chairman says objective of the move is to facilitate taxpayers

Decide to send an amended draft to the board