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Press Release

77,500 RETURNS OF SIX CATEGORIES SELECTED FOR AUDIT THROUGH RANDOM COMPUTER BALLOT

Sept. 25, 2014 Random computer ballot was conducted here today at Federal Board of Revenue, Islamabad for selection of cases for audit for Tax Year 2013 and Tax Period 1st July 2012 to 30th June, 2013 in respect of Income Tax, Sales Tax and FED at FBR House, Islamabad. The Minister for Finance, Revenue, Economic […]

Press Release

TV/PICTORIAL COVERAGE OF RANDOM COMPUTER BALLOT FOR SELECTION OF AUDIT CASES OF INCOME TAX, SALES TAX AND FEDERAL EXCISE FOR THE YEAR 2013

Sept. 24, 2014 The Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization Senator Ishaq Dar will preside over the subject computer ballot at Federal Board of Revenue (HQs), Islamabad, tomorrow i.e. Thursday the 25th September, 2014 as per following schedule:- Venue: Auditorium Hall of FBR House, Constitution Avenue, Islamabad. Time: 04:00 PM Sharp. Date: […]

Press Release

More than 200 Tax Facilitation Kiosks/Centers Established for Filing of Income Tax Returns

Sept. 19, 2014 In order to facilitate the taxpayers for filing the returns of income for the tax year 2014, the FBR has established more than two hundred (200) Tax Facilitation Kiosks (KIOSKs)/Tax Facilitation Centers (TFCs) throughout the country on places like important business centers, shopping malls, offices of Traders’ Associations/Chambers of Commerce & Industry, […]

Press Release

FBR Chairman strongly denies Association with any Facebook Account in his name

Aug. 21, 2014 Mr. Tariq Bajwa, Secretary Revenue Division / Chairman Federal Board of Revenue has strongly denied having any association with a facebook account in his name, under the link www.facebook.com/tariq.bajwa.9469. He has vehemently stated that this is a fake account, he is not associated with it in any way and all correspondence made […]

Press Release

FBR ISSUES MORE THAN 120,000 INITIAL NOTICES UNDER SECTION 144 OF INCOME TAX ORDINANCE, 2001

July 25, 2014 More than 120,000 initial notices (u/s 114 of the Income Tax Ordinance 2001) have been issued – based on large potential fiscal liabilities and location to ensure the initiative is nationwide- and more than 38,000 second notices (under section 122C) which are to be followed by provisional assessment, collection procedures, and penal […]

Press Release

Daylong seminar held to explain budgetary changes to tax officials

July 23, 2014 A one-day seminar on “Budgetary changes brought in through Finance Act 2014” was held at Federal Board of Revenue (FBR) Headquarters here in the capital. Member Facilitation and Taxpayers Education (FATE) FBR, Ms Riffat Shaheen Qazi chaired the seminar. Officers from Regional Tax Office (RTO) Islamabad, RTO Rawalpindi, LTU Islamabad, RTO Peshawar […]

Press Release

NO NEW DISCRETIONARY POWERS GIVEN TO COMMISSIONERS THROUGH SRO 608(I)/2014 – FBR CLARIFIES

July 04, 2014 The news item captioned “FBR opens doors to corruption” published in a section of the press today on 04th of July, 2014 is not factually correct. Referring to SRO 608(I)/2014 dated 26.06.2014, it has been wrongly stated that Commissioners of Inland Revenue have been given extra discretionary powers. The actual facts are […]

Press Release

Collection of duties, taxes on 28th, 29th and 30th June, 2014

June 26, 2014 In order to facilitate the taxpayers in depositing their duties and taxes during the last few days of the current financial year, the State Bank of Pakistan, on request of FBR has decided to keep authorized branches of State Bank of Pakistan, National Bank of Pakistan, Commercial Banks and National Institute of […]

Press Release

ZERO RATING ON POTATOES, TOMATOES OTHER VEGETABLES AND PULSES PROPOSED TO BE CONTINUED – FBR CLARIFIES

June 07, 2014 The news item captioned “New Budget concedes more to Qatari, Emirati Royals than Pakistanis” published in a section of the press today on 7th June is not based on facts. No new taxes have been proposed to be levied on potatoes, tomatoes and medical syringes. The existing zero rating on potatoes, tomatoes […]

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