FBR
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Govt spends Rs544.8b in grants
Around 53% of additional spending done on account of Covid-19 outbreak
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Govt admits tax target unachievable
De facto finance minister advises provinces not to make budgets on basis of Rs4.963 trillion target
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A rolling budget?
The budget clearly makes an effort to keep the IMF programme afloat by setting a high revenue target
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Govt imposes Rs200b worth of additional taxes
Move aimed at achieving Rs4.96 trillion 'aspirational' target
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PTI govt gives Rs1.15tr in tax break
Highest amount of tax concessions given in FY20 to affluent people
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FBR seeks WHT on foreign currency
Also proposes to limit expense allowances for industrialists
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FBR urged to consult with tobacco sector
Association says discussion will help enhance tax receipts, protect industry
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FBR to release Rs5m in refunds next week
Plans to issue up to Rs50m in next phase to help businesses cope with virus
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Budget 2020-21: Govt may link NADRA data with FBR
Proposal aimed at unearthing hidden assets of citizens to enhance revenue
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Pakistan may end special tax system
Considers bringing foreign companies on par with local firms
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FBR collection falls 31% in May
Decline comes due to partial suspension of economic activities due to Covid-19
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FBR seeks uniform tax on profit
Faces resistance to withdrawing concessions on foreign currency accounts
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FBR to facilitate businessmen in tax matters
FBR to accelerate refunds
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Businesses urge FBR to take back discretionary powers
Insist such decision will provide relief to taxpayers, simplify tax laws
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PTI govt approves modalities for chloroquine export
Will allow anti-malaria drug manufacturers on case to case basis
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PTI govt seeks to balance new taxes, relief
Dr Abdul Hafeez Shaikh suggests abolition of low-revenue yielding tax codes in next budget
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Pakistani exporters decry 17% sales tax on local sales
Demand restoration of zero-rated facility
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PTI govt reshuffles FBR officers again
Reverses decision to appoint taxmen who do not enjoy good reputation
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Tax collection target revised up to Rs4,017b
FBR has directed the field formations to ensure that the tax collection target achieved
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PTI govt undecided on sales tax relief
Fertiliser manufacturers want taxes withdrawn, while IMF seeks end to concessions
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PM defers decision on new belt-tightening budget
Finance ministry proposes 31% increase in tax collection to revive IMF programme
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FBR may relax CNIC condition
Can propose increase in exemption limit to Rs100,000 worth of purchases
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SBP declines to share bank data
Poverty Alleviation Division sought data for cash relief programme
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FBR’s collection slumps 17% in April
Lockdown impacts tax collection; govt also reshuffles top hierarchy of revenue body
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Adviser to PM Imran on Commerce for improving direct tax receipts
Abdul Razzak Dawood says it will help reduce indirect taxes like sales tax
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FBR closes 310,000 tax audit cases
Cases selected for 2014-17 due to taxpayers’ failure to file returns on time
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At least 22 employees of FBR test positive for coronavirus in Quetta
Employees who have tested positive include Grade 1 to 15 officers of the FBR
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Remittances estimated to reach $20-21b in FY20
Register 6.2% growth in Jul-Mar on year-on-year basis
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ICT construction sector gets GST waiver
FBR announces zero sales tax on proceeds worth Rs50m
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Customs nabs importers using forged documents
Misdeclaration caused losses of over Rs25.5 million to the finance ministry
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FBR issues procedure for goods clearance
PCCSS will check documents and seals installed on containers at all entry and exit focal points
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Tax refund claims surge to Rs348b
External audit required to determine exact quantum due to claims and counter claims
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FBR misses deadline for release of Rs100b tax refunds
PM Imran Khan had promised immediate relief to improve liquidity of businesses
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Report detects flaws in Pakistan’s border control regime
Inquiry reveals empty trucks returning from Afghanistan are not electronically registered
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FBR unveils system to collect taxes from services sector
Decision aimed at widening tax net, decreasing tax evasion
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Nausheen named new FBR chairperson
Cabinet prematurely terminates two-year contract of Chairman Shabbar Zaidi
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FBR collects Rs3.06tr in taxes, misses target
Nine-month shortfall jumps to record Rs693 billion against original target
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Govt faces pressure to reverse real estate taxes
Finance adviser meets businessmen to seek input for economic relief package
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IMF to give tax break to businesses hit by corona
Pakistan not to renegotiate $6b package – a decision that may make tax collection target unrealistic
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Centre, provinces agree on body for uniform taxation in Pakistan
Move will pave way for two World Bank budgetary support loans worth $750m
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PM Imran approves 5-year trade policy framework
PTI govt to hand over role of tax refunds to State Bank of Pakistan
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PTI govt orders release of Rs15b in blocked tax refunds
Parliamentarians seek reversal of 17% sales tax levied on export-oriented sector
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FBR fails to chase 12,300 people who opted for tax amnesty
They had submitted challans but were unable to file asset declarations
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In Pakistan, large retail store chains win taxation relief
FBR accepts demand of halving withholding tax rates; cuts minimum income tax rate for traders
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'PTI to impose extra Rs900b taxes next year'
Dr Hafiz Pasha says Pakistan needs radical tax reforms through tough decisions in upcoming budget
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FBR seizes smuggled cigarettes worth Rs80m from Karachi warehouse
Inland Revenue Enforcement Network confiscates 1,290 cartons of cigarettes, ‘largest in Pakistan’s history'
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FBR expects substantial cut in tax target by IMF
Finance ministry denies global lender has agreed to downward revision
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Pakistan's tax base shrinks, only 40% NTN holders file returns
Despite winning massive concessions, lower number of traders files tax returns
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FBR collects Rs2.72tr in taxes, misses target
Revenue collection in Jul-Feb increased 16.5% or Rs385 billion
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PTI govt to allocate funds for better border management
Approves 2018 news posts in customs department under Border Management Initiative