Category: Press Release

Press Release

Finance Minister chairs Tax Reforms Coordination Group (TRCG) meeting

A meeting of Tax Reforms Coordination Group (TRCG) was held under the Chairmanship of Federal Minister for Finance Dr. Abdul Hafeez Sheikh at the FBR House here today to discuss proposals for upcoming Federal Budget 2013. Chairman FBR Mr. Ali Arshad Hakeem, in his opening remarks, as host, briefed the Minister about the various proposals […]

Press Release

FBR’s drive against illicit tobacco / cigarette trade

The Anti Illicit Tobacco/Cigarette Unit working under the Inland Revenue Wing of FBR has successfully launched its wide ranged operations covering almost all segments of this evasion prone sector. In addition to enforcement activities audits have also been conducted identifying recoverable Duty/taxes over RS 262 million. During the last 6 months (July-December, 2012) of the […]

Press Release

Prime Minister approves upgradation of 4384 posts of FBR in BS-14–BS-16

The Prime Minister of Pakistan Mr. Raja Pervez Ashraf has kindly approved the upgradation of FBR’s 4384 posts of BS-14 to Bs-16. Chairman FBR Mr. Ali Arshad Hakeem had taken up this important but long outstanding issue with the Prime Minister, during his visit to the FBR Headquarters on 4th October, 2012. The Chairman had […]

Press Release

FBR has not contributed to the CIRP report

It is for the information of all that FBR has not contributed to the report of Center for Investigative Reporting in Pakistan’s (CIRP) titled “Representation without Taxation”. FBR has not provided any information on declared annual incomes or tax paid by the parliamentarians to CIRP for any study. Section 216 of the Income Tax Ordinance […]

Press Release

CREST—FBR’s software to facilitate taxpayers

FBR is capturing transactions by registered persons to identify where a registered person is denied benefit admissible under the Sales Tax Act. Accordingly, FBR has developed Computerised Risk-based Evaluation of Sales Tax (CREST) software that checks information in monthly returns, import / export data and cross matches for every registered person. Exceptions that emerge will […]

Press Release

Training of risk-based electronic Whistle-blower system arranged in Lahore

In order to protect compliant taxpayers of Sales Tax, they will be cautioned beforehand about attempts, if any, being made on their transactions for issuing fake invoices. Mr. Arshad Ali Hakeem, Chairman FBR with his IT background has developed and got in place a risk based electronic system which will be interacting with the taxpayers […]

Press Release

FBR’s clarification about tax returns of Ch. Pervez Elahi, Ch. Shujaat and Ch. Wajahat

FBR’s spokesman has denied the news report by a section of media about tax figures of Deputy Prime Minister Chaudhry Pervaiz Elahi, MNA Chaudhry Shujaat Hussain and MNA Chaudhry Wajahat Hussain. Quoting the income tax details provided by the lawmakers themselves today, the spokesman clarified that: i. Deputy Prime Minister Chaudhry Pervaiz Elahi filed tax […]

Press Release

FBR clarifies report about NTN of Chairman PAC Nadeem Afzal Chan

FBRhas denied a news report by a section of media about tax figures of Chairman Public Accounts Committee, Mr. Nadeem Afzal Chan, MNA. Denying the CIRP report, and terming its contents incorrect and malafide, FBR clarifies that Mr. Nadeem Afzal Chan holds NTN number 2680841-1and, according to FBR’s records, Mr. Nadeem Afzal Chan has been […]

Press Release

Clarification regarding NTN of Senator Ishaq Dar

FBR’s spokesman has denied a news report by a section of media about tax figures of Senator Muhammad Ishaq Dar Denying the CIRP report, and terming its contents incorrect and malafide, the spokesman clarified that Senator Muhammad Ishaq Dar holds NTN number 0657857-8 registered since 26 October 1995. The spokesman further stated that according to […]

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