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Press Release

EXTENSION IN THE DATE OF FILING OF INCOME TAX RETURNS/STATEMENTS FOR TAX YEAR 2012

In exercise of the powers conferred under section 214A of the Income Tax Ordinance, 2001, Federal Board of Revenue is pleased to extend the date of filing of Income Tax Returns/Statements for the Tax year 2012 upto 10th October, 2012. (Muhammad Zaheer Qureshi) Secretary (Income Tax Policy)

Press Release

Extended working hours of FBR field offices on 29th and 30th September, 2012

FBR has directed all Inland Revenue Offices to remain open till 08:00 PM on Saturday 29th September and till 10:00 PM on Sunday 30th September, 2012 to facilitate the taxpayers in filing their Income Tax returns. As requested by the Federal Board of Revenue, the State Bank of Pakistan has issued necessary instructions to authorized […]

Press Release

Strategies Discussed to Curb Revenue Leakages – FBR Holds Conference of Intelligence & Investigation (IR)

The first Quarterly Conference of Intelligence & Investigation (Inland Revenue) was held here today on 17.09.2012 at FBR (HQs), Islamabad. The Chairman FBR, Mr. Ali Arshad Hakeem, while addressing the Conference stressed upon the participants to enhance tax compliance and curb revenue leakages and general non-compliance through concrete and timely information on all sorts of […]

Press Release

FBR Clarifies Admissibility of Performance Allowance

Federal Board of Revenue clarifies with reference to a news item published in a section of press on 14-09-2012 that the employees of the Board are allowed performance allowance equal to their running basic pay by the Federal Government. 2.This allowance is admissible irrespective of grades and status of employees. The payment of said allowance […]

Press Release

Clarification regarding differences in the Export to Pakistan figures of China Viza-a-Viz Pakistan import figures

The Additional Secretary Revenue Division, Shahid Rahim Sheikh has clarified here today that during meetings with the Federation and the various Chambers, the issue of under invoicing especially with regard to imports from China are repeatedly raised. While the undesirable fact of under invoicing cannot be denied and Pakistan Customs has in the past and […]

Press Release

Extension in the date of filing of Income Tax Return / Statements for Tax Year 2012

Federal Board of Revenue has extended the date of filing of the Income Tax returns/Statements for the Tax year 2012 as under: Date of filing of Returns of Total Income through e-portal in case of salaried persons (or a Statement required under sub-section (4) of section 115 of the Income Tax Ordinance, 2001) due on […]

Press Release

Extension of the date for payment of Taxes/Duty and filing of Sales Tax / Federal Excise Duty Returns for the period July, 2012 for all Registered persons

Federal Board of Revenue has extended the date of filing of Sales Tax/Federal Excise returns upto 5th September, 2012 for the tax period July 2012, for all registered persons vide its C. No. 3(9) ST-L&P/2010-115577-R dated 30.8.2012. The date of payment of tax shall, however, be 30th August, 2012. The decision has been taken by […]

Press Release

Extension of the date for payment of Taxes/Duty and filing of Sales Tax/Federal Excise return for the period July, 2012 for all registered persons

Federal Board of Revenue has extended the date of payment of taxes/duty and filing of Sales Tax/Federal Excise returns to 30th August, 2012 for the tax period July 2012 for all registered persons vide its C. No. 3(9) ST-L&P/2010 dated 27.8.2012. The decision has been taken by the FBR in exercise of the powers conferred […]

Press Release

All Model Customs Collectorates to Remain Open on Saturday, 25th & Sunday 26th August, 2012

FBR has ordered that all the Model Customs Collectorates shall remain open on Saturday 25th and Sunday 26th August, 2012 as normal working days in order to facilitate the trade and industry in getting their cargo cleared for imports and exports. The management of State Bank of Pakistan and National Bank of Pakistan has been […]

Press Release

EXPORTERS FACILITATED BY WITHDRAWING REGULATORY DUTY ON (LEAD) GOODS MANUFACTURED FROM IMPORTED RAW MATERIALS

The Federal Government has amended Notification No. SRO-594(I)/2009 dated 25th June, 2009 as follows: 2. In aforesaid Notification, in the preamble, for the full stop, at the end, a colon shall substituted and thereafter the following proviso shall be added, namely, “Provided that no regulatory duty shall be levied on export of goods produced from […]

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