FBR to Outsource Audits to Detect Tax Evasion
Islamabad, Pakistan – The Federal Board of Revenue (FBR) is planning to outsource audits of high-net-worth individuals and companies to detect potential tax evasion. The FBR aims to hire audit firms […]
Establishment Division Orders FBR to Address Corruption and Inefficiency
Islamabad, Pakistan – The Establishment Division has directed the Federal Board of Revenue (FBR) Chairman to take action against corrupt practices and inefficient elements within the FBR that may be discouraging […]
FBR’s Technology-Driven Approach Uncovers Rs23.5 Billion in Tax Evasion
Sargodha, Pakistan – The Federal Board of Revenue (FBR) has achieved a significant milestone in combating tax evasion through the use of technology-driven solutions. The Withholding Zone of Regional Tax Office […]
Pakistan Sees Record Increase in Income Tax Filers
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has announced a significant increase in the number of income tax return filers in Pakistan for the year 2023. The Active Taxpayer […]
Private Schools Threaten Nationwide Protests Over Proposed Tax
Islamabad, Pakistan – Private educational institutions across Pakistan have vehemently opposed the government’s proposal to impose a Point of Sales (POS) tax on schools charging monthly fees exceeding one thousand rupees. […]
FBR Unveils Reform Plan to Address Rs7 Trillion Tax Gap
Islamabad, Pakistan – The Federal Board of Revenue (FBR) has unveiled a comprehensive reform plan to address the widening tax gap, which has reached a staggering Rs7 trillion in the previous […]
FBR’s FASTER System Outperforms STARR for Refund Processing
Islamabad, Pakistan – The Federal Board of Revenue’s (FBR) FASTER system has significantly outperformed the STARR system in processing sales tax refunds, according to an impact study conducted by the Auditor […]
FBR Plans Changes to Prize Scheme to Boost Tax Compliance
Islamabad, Pakistan – The Federal Board of Revenue (FBR) is planning to introduce significant changes to its prize scheme for businesses that integrate their Point of Sale (POS) systems. The […]
FBR Team Surrounded by Traders During Tax Collection Attempt
Lahore, Pakistan – A team from the Federal Board of Revenue (FBR) faced opposition and was surrounded by traders while attempting to collect advance tax under the Tajir Dost Scheme […]
FBR Mulls Heavy Fines for Retailers Issuing Non-Certified Receipts
Islamabad, Pakistan – The Federal Board of Revenue (FBR) is considering imposing significant fines on large retailers who are found to be issuing non-certified electronic invoices or receipts to consumers. […]