Search For "fbr"
Pakistan: Federal Board of Revenue collection shows PKR 240 bn shortfall
Updated : 3 weeks, 4 days ago IST
According to Business Recorder, after the imposition of taxes of PKR 170 billion in the mini-budget, the new annual tax target of the FBR has been fixed at PKR 7.640 trillion.
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IMF places new demands before Pakistan for holding policy-level talks next
Updated : 1 month, 3 weeks ago IST
If Pakistan and IMF reach a consensus by Feb 9, they will sign a staff-level agreement.
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Pakistani's revenue agency transfers GB collector custom for exposing alle
Updated : 4 months ago IST
However, after such revelations, instead of ordering an immediate high-level inquiry into the alleged collusive connection between DG custom intelligence and the principal appraiser, the FBR chose to transfer the Collector Customs and forget about the collector's disclosures.
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Pakistan government transfers 21 senior FBR officials in major reshuffle
Updated : 8 months ago IST
Islamabad [Pakistan], August 2 (ANI): The Shehbaz Sharif-led Pakistan government on Tuesday transferred 21 senior officials of the Federal Board of Revenue (FBR) to the Inland Revenue Service (IRS), as per the local media reports.
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On IMF demands, Pakistan raises tax rates for salaried class
Updated : 9 months, 1 week ago IST
Islamabad [Pakistan], June 25 (ANI): Owing to the demand of the International Monetary Fund (IMF) withdrawing relief given on June 10, Shehbaz Sharif government on Friday increased the tax rates for the salaried class.
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Pak Auditor General raises concern over FBR borrowing money from MNCs to s
Updated : 1 year, 1 month ago IST
Islamabad [Pakistan], February 18 (ANI): The Auditor General of Pakistan (AGP) raised concern over the Federal Board of Revenue (FBR) borrowing money from multinational companies (MNCs) to show big tax collection.
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Biggest tax scam surfaces in Pakistan's revenue board
Updated : 1 year, 1 month ago IST
Islamabad [Pakistan], February 6 (ANI): Biggest tax scam has surfaced in Pakistan's Federal Board of Revenue (FBR) under the Imran Khan government where tax authorities have illegally paid over Pakistani Rs16 billion in sales tax refunds to hundreds of big retailers in the past five months.
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Pak currency may slip to Rs 200 against UD dollars
Updated : 1 year, 2 months ago IST
Islamabad [Pakistan], January 21 (ANI): Amid soaring inflation in Pakistan and the passing of a mini-budget worth Rs 360 billion, PKR (Pakistan currency) might fall to Rs 200 against US dollars.
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Pakistan President Alvi apologises to senior citizen over administrative f
Updated : 1 year, 2 months ago IST
Islamabad [Pakistan], January 17 (ANI): Pakistan President Arif Alvi on Sunday apologised to a senior citizen over the Federal Board of Revenue's (FBR) administrative injustice and directed its chairman to take strict action against officers involved in the matter.
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Pakistan's tax chief expresses inability to bring 4 million people under t
Updated : 1 year, 4 months ago IST
Islamabad [Pakistan], November 18 (ANI): Pakistan's tax chief Dr Mohammad Ashfaq, who took reins of the Federal Board of Revenue (FBR) over three months ago, showed his inability to bring over 4 million willful law violators to the tax net due to the revenue authority's lack of capacity.
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Pakistan revenue board fails to ramp up tax collection despite 6 new FBR c
Updated : 1 year, 7 months ago IST
Islamabad [Pakistan] August 27 (ANI): Despite Pakistan Prime Minister Imran Khan appointing six new Federal Board of Revenue (FBR) Chiefs in the last three years, the federal body is still unable to produce the desired results, according to reports.
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Chinese power firm in Pakistan faces problems, delays in tax exemption
Updated : 1 year, 7 months ago IST
Lahore [Pakistan], August 4 (ANI): Karot Power Company Ltd (KPCL), a special purpose vehicle (SPV) executing the hydropower project on the Jhelum River on a build-own-operate-transfer (BOOT) basis with the Chinese power company said that it has been facing serious problems and delays in obta
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