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BUSINESS
Business community appreciates FBR initiatives for ease of doing business
ISLAMABAD: Chairman, Federal Board of Revenue Asim Ahmad met with President, Sarhad Chamber of Commerce and Industry Sherbaz Bilour here at FBR Headquarter on Friday.
President, Sarhad Chamber of Commerce and Industry appreciated FBR’s…
FBR takes steps for ease of doing business, taxpayers facilitation
ISLAMABAD: The Federal Board of Revenue
(FBR) has launched single identifier number for all domestic taxes.
Under this initiative a taxpayer can use all applications under the Income Tax, Sales Tax and Federal Excise duty by mere use…
FBR notifies committee for businesses’ integration
ISLAMABAD: In order to rapidly increase tax revenues by adding new taxpayers via extensive and innovative use of technology, Federal Board of Revenue (FBR) has issued a Notification for the constitution of a committee for integration of…
SECP registers 2,504 new companies in June 2021
ISLAMABAD, July 9: The Securities and Exchange Commission of Pakistan (SECP) registered 2,504 new companies in June 2021, indicating a growth of 63 % as compared to corresponding period last year. The total number of registered companies…
FBR constitutes committee for amendments in Customs Act
ISLAMABAD: The Federal Board of Revenue (FBR) has Constituted a committee to formulate rules under modified section of Customs Act
The committee of senior officers at Customs House, Karachi will formulate rules to implement section…
FBR releases provisional revenue collection figures, collects Rs 4732 billion
ISLAMABAD: The Federal Board of Revenue (FBR) has released the provisional revenue collection figures for the fiscal year 2020-21.
According to the provisional information, FBR collected net revenue of Rs. 4,732 billion during Jul-June…
Lahore: I &I – IR takes action against tax evading steel units
ISLAMABAD:In a drive against steel melters and re-rollers which are involved in massive evasion of Federal Excise Duty by way of suppression of actual production and supplies and suppression of actual value of supplies in violation of…
FBR raids plastic bags manufacturing unit in Multan, files case under sales tax law
ISLAMABAD: The directorate of Intelligence & Investigation, Inland Revenue raided an unregistered unit in Multan and unearthed huge tax evasion by the manufacturer of plastic bags.
An official handout issued by FBR media office here…
Field offices to remain open till mid night on June 30
The Federal Board of Revenue (FBR) has issued instructions to all the Field Offices to remain open and observe extended working hours till 12:00 midnight on June 30,
FBR unearths huge under -invoicing, money -laundering in Lahore
ISLAMABAD: The Federal Board of Revenue’s Directorate General of Customs Post Clearance Audit has unearthed case of massive under invoicing and trade based money- laundering in the case forwarded by Chief Collector of Customs Appraisement…
