FBR

Senate panel endorses govt’s view to let changes come into effect this month

Top tax collecting body briefly froze accounts on non-payment

Reduced duty has brought down cigarette prices, slashed govt revenues

CPI still remains at 3.7%, however, high prices in offing

Govt has allegedly taken the step on insistence of a Punjab-based minister

Urges govt to remove sales tax from feedstock supply

Claim they have completed requisite years of service in their posts to qualify for next grade

Still misses downward revised target by Rs135b

Managing external financing, increasing exports will be biggest issues for upcoming govt

FBR says trust already not being taxed

Taxation measures outweigh relief offered to industrialists, agriculturists and salaried

Proposal is to increase rates of three tariff slabs of 3%, 11% and 16% by another 1%

Disagreement remains on tax collection target for 2018-19

Companies will be picked only once in three years if they fall on risk parameters

Suggests harmonisation of tax system to deal with dual taxation

Currently, more than 925,000 audit cases remain pending

Local traders said that the present regime has no right to approve the next budget for 2018-19

FBR data shows Rs102 billion was transferred last tax year

17 of the 40 posts for judicial, accountant members vacant

CM to write to PM for refund of amount deducted in name of withholding, sales tax

No government has been able to bite the bullet and tax the rich at the top end of those tax-liable

FBR’s tax receipts stand at Rs2.621tr in first nine months

Cabinet puts off decision, asks FBR to come up with proposals at the time of budget

Sources say finance ministry’s bureaucracy has locked political leadership

If passed, measure will see 90% cut in tax burden on lowest income group; relief is worth Rs67b

It is a tragic but not entirely unexpected move to suspend the probe against 270 influential people

FBR summoned the details of Tareen’s assets pertaining to the year 2012

Says high tax impacts inflation, promotes smuggling and tax evasion

Haphazard selection of companies for audit creates unmanageable backlog

New system will enhance tax revenue by at least Rs50 billion

ICAP seeks abolishment of super tax, tax on bonus shares

Has sent a list of 515 items to FBR requesting reduced rates

Change allows taxpayers to mention foreign assets in lump sum without details

The FBR had started issuing notices to the builders and developers

PM aide says people will not repatriate all offshore assets estimated at $130b

Containers would be sent to Karachi Port through the WeBoc system

Says the practice is the second most prevalent threat to wildlife

Asks FBR to cut taxes to help improve competitive edge in markets

Irfan Iqbal Sheikh urged government to ensure early and timely payment of stuck tax refund claims

Sets aside high court’s decision that stopped duty collection on over 356 goods

Collection stands at Rs2.26 trillion for first eight months of fiscal year

FBR recently made amendments to Income Tax Rules 2002

Current govt’s four tax amnesty schemes have failed to do wonders

State minister for finance says govt considering many measures

Senate panel gives top tax body three months to take action against corrupt officials

Swiss officials to provide information of Pakistani citizens with bank accounts in Switzerland in December 2018

Perhaps the most challenging task is to undertake a vigorous and across-the-board tax audit

Says people are willing to pay taxes, but revenue body lacks capacity

Steel producers upset with court’s decision on removing import duties

Government should have uniform procedure for all taxpayers