FBR issues directive to freeze taxpayers’ bank accounts without notice
October 12, 2021
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Minister Shaukat Tarin decided to extend the date considering the constant demands from the business community. The tax collection body had received applications for the extension of the deadline of filing income tax returns for…
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Federal Board of Revenue (FBR) has currently received just one million income tax returns with only five days left in the returns’ deadline, underscoring that the tax broadening campaign is not yielding results. As compared…
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Within third month of passage of Finance Act, 2021, the Government felt the need of introducing amendments in the Tax Laws. These amendments are primarily directed towards broadening of tax base besides providing concessions to…
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Applications are invited from eligible candidates against vacant posts in field formations of Inland Revenue, Federal Board of Revenue (FBR) from Pakistani Nationals on local basis in case of vacancies of (BS 1 to 5)…
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In line with the Government’s resolve towards broadening of tax base and documentation of economy, Dr. Muhammad Ashfaq Ahmed, Chairman FBR has initiated a huge challenge to plug in tax evasion of Agricultural Income through…
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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…
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After conducting a preliminary internal investigation on the recent FBR cyber-attack, it has been discovered that the use of pirated software was one of the reasons why FBR’s data got hacked. Following the revelation, FBR…
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The National Database and Registration Authority (Nadra) has launched a ‘Qaumi Tasdeeq-o-Tajdeed Campaign’ (QTTC), a new system for verification of the family members. National Database and Registration Authority (Nadra) launched a new system of verification…
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The Federal Board of Revenue (FBR) will enforce new amendment to Section 122 of the Income Tax Ordinance, 2001 for completion of proceedings against taxpayers within 120 days where notices were issued after July 1,…
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What is Pakistan Single Window (PSW) ? Pakistan Single Window (PSW) is a newly launched trade system, which provides a facility to parties involved in trade and transport to lodge standardized information and documents with…
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