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BUSINESS
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…
FBR takes action against unregistered industrial units in Lahore
ISLAMABAD: In a drive against unregistered persons who are liable to be registered and required to pay due sales, Federal Board of Revenue’s Directorate of Intelligence and Investigation-Inland Revenue, Lahore has conducted proceedings…
FBR,KPK sign MoU for promotion of taxation culture
PESHAWAR: In line with the vision of Prime Minister for promoting Taxation culture, Higher Education, Archives and Libraries Department, KPK government and Federal Board of Revenue (FBR) signed a memorandum of understanding (MoU) here at a…
‘Your criticism makes no difference’; NAB boss tells critiques
LAHORE: National Accountability Bureau (NAB) Chairman Justice Javed Iqbal on Tuesday said NAB and corruption can not go together as the anti-corruption department had been set up to serve the poor and not the rich.
Addressing a ceremony…
No foul play please; FBR tells journalists
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a clarification on a news story published in an English daily 'Express Tribune', regarding recent budget proposals on taxation of salary income.
FBR in a handout issued here on…
“Its tobacco producers’ budget, we reject it” ; PANAH, health experts declare
ISLAMABAD; Sana Ullah Ghumman, General Secretary, Pakistan National Heart Association (PANAH), on Monday said it was duty of the government to take positive steps to save the health of the nation and eradicate harmful factors.
The…