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    UPDATES
    Asim Ahmad Appointed As New Chairman FBR

    Asim Ahmad Appointed As New Chairman FBR

    The federal government on Wednesday appointed Muhammad Asim Ahmad as Chairman Federal Board of Revenue (FBR). Asim Ahmad appointed in replacement of Dr. Ashfaq Ahmed as new FBR Chairman. A notification to this effect also…

    TAXATION
    FBR revealed biggest tax fraud

    FBR revealed biggest tax fraud

    The Federal Board of Revenue (FBR) has claimed that it has busted the first biggest tax fraud of billions of rupees by tampering with its electronically integrated Point of Sales (POS) system amid the company…

    BUDGET
    Govt to impose 17% GST on 140 goods in the mini budget

    Govt to impose 17% GST on 140 goods in the mini budget

    The government of Pakistan completed the mini-budget to the tune of Rs 360 billion that would smack 17% General Sales Tax (GST) on around 140 vital expendable and manufacturing goods, as well as growing the…

    TAXATION
    FBR’s Progress under Anti Money Laundering (AML) Act in last 4 years

    FBR’s Progress under Anti Money Laundering (AML) Act in last 4 years

    The Federal Board of Revenue (FBR) registered 215 First Information Reports (FIRs) against 267 people under the Anti-Money Laundering (AML) Act in the last four years. Chairman FBR, Muhammad Ashfaq Ahmad, shared this with the…

    UPDATES
    FBR’s helplessness against tax dodgers

    FBR’s helplessness against tax dodgers

    Chairman FBR has shown his inability to bring over 4 million willful law violators to the tax net due to the lack of capacity. Dr Mohammad Ashfaq, FBR Chairman, took charge over three months ago,…

    UPDATES
    Lahore High Court serves contempt notice to FBR chairman over minimum Tax Formula

    Lahore High Court serves contempt notice to FBR chairman over minimum Tax Formula

    The Lahore High Court (LHC) issued contempt notices to the Federal Board of Revenue (FBR) over its failure to implement the court’s orders pertaining to the minimum tax computation formula adopted by service sector taxpayers…

    UPDATES
    Government appoints seventh chairman FBR to Dr Muhammad Ashfaq Ahmed

    Government appoints seventh chairman FBR to Dr Muhammad Ashfaq Ahmed

    Dr Ashfaq Ahmed has been appointed as the new FBR chairman. This is the seventh time the government is appointing the FBR chairman. He replaces Asim Ahmed — who was appointed four months back. The…

    UPDATES
    Chairman FBR Inaugurates Anti-Benami Adjudicating Authority Secretariat

    Chairman FBR Inaugurates Anti-Benami Adjudicating Authority Secretariat

    Chairman Federal Board of Revenue (FBR) Asim Ahmad has inaugurated the Secretariat of Anti-Benami Adjudicating Authority here in Islamabad. On this occasion, Chairman Anti-Benami Adjudicating Authority Muhammad Ali, Member FATE and Director General Anti-Benami Initiatives…

    UPDATES
    FBR and Provincial Revenue Authorities sign MoU on Single Portal and Return for Sales Tax

    FBR and Provincial Revenue Authorities sign MoU on Single Portal and Return for Sales Tax

    Federal Board of Revenue (FBR) and all other four Provincial Revenue Authorities have signed a Memorandum of Understanding (MoU) for a single web portal for sales tax return. The memorandum of understanding (MoU) was signed…

    UPDATES
    Government appointed permanent chairman of the FBR after six months

    Government appointed permanent chairman of the FBR after six months

    The government appointed a permanent chairman of the FBR after six months. According to the notification of appointment by Establishment Division, Javed Ghani of Grade 22 has been appointed as Chairman of FBR. His appointment…