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No extension in deadline for filing income tax returns ; FBR buries culture of extension
ISLAMABAD; The Federal Board of Revenue (FBR) on Tuesday firmely declared there would be no extension in deadline for filing income tax returns.
The deadline of December 8, 2020 expired today.
The FBR also termed the letter circulating in…
FBR issues instructions to facilitate grant of extension in filing of IT returns
iSLAMABAD: The Federal Board of Revenue (FBR) has clarified that no further general extension in date will be granted to file annual income tax returns after last date of December 8, 2020.
However, while clarifying its earlier…
FBR holds pre-bid conference for track, trace system project
The Federal Board of Revenue (FBR) held pre-bidding conference for the grant of five year license for IT- based solution for electronic monitoring (Track and Trace System) of specified goods,, tobacco, cement, sugar and…
PM construction package becomes success, FBR claims
ISLAMABAD; The Federal Board of Revenue (FBR) and Naya Pakistan Housing Development Authority (NPHDA) on Thursday said sais Prime Minister of Pakistan construction package for builders and developers has been a sucess . The…
FBR conducts raids in Faisalabad to curb trade of non- custom paid cigarette
ISLAMABAD : The Directorate of Intelligence & Investigation (Inland Revenue), Faisalabad on express direction and unwavering resolve of Federal Board of Revenue, Islamabad and the Director General, Intelligence & Investigation…
FBR passes revenue target for July-November by Rs 19 billion
ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 1688 billion net revenue in the current Fiscal year from July to November against target of Rs. 1669 billion . The last year revenue collected for the same period was Rs. 1623…
FBR makes tax compliance procedure simple
ISLAMABAD: In line with the vision of the Prime Minister and Special Assistant to PM on Revenue, Federal Board of Revenue (FBR) has taken significant initiatives to facilitate taxpayers by making compliance easier. FBR in collaboration with…
Pakistan make progress in world trade facilitation agreement
ISLAMABAD : Pakistan has considerably improved in implementation of World Trade Organization (WTO)’s Trade Facilitation Agreement (TFA). It jumped up from 34 prrcent in June, 2018 to 79 percent in June 2020. Federal Board of…
File income tax return by December 8 or face action; FBR warns
ISLAMABAD: The Federal Board of Revenue (FBR) has again reminded the taxpayers to file their annual income tax returns before the last date ...December, 8, 2020.
FBR has further clarified that according to Section-114 of Income Tax…
ECC approves cash grant for PIA VSS
ISLAMABAD : Advisor to the prime minister on Finance and Revenue, Dr. Abdul Hafeez Sheikh chaired the Economic Coordination Committee (ECC) meeting of the cabinet here today. Minister for Industries and Production, Hammad Azhar, SAPM on…