Search For "federal board"
Biggest tax scam surfaces in Pakistan's revenue board
Updated : 4 years, 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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Pakistan's income-expense gap widens to Rs 1.8 trillion causing budget def
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 20 (ANI): Pakistan's federal budget deficit in the first half of the current fiscal year shot up to Rs 1.8 trillion, a 29 per cent jump compared to the same period of the previous year, despite a slowdown in development spending and double-digit growth in revenu
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Pakistan President Alvi apologises to senior citizen over administrative f
Updated : 4 years, 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 : 4 years, 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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Auctioning of former Pak PM Nawaz Sharif's properties barred
Updated : 4 years, 4 months ago IST
Lahore [Pakistan], November 18 (ANI): A state government body in Pakistan's Punjab province has granted stay and barred the authorities concerned from auctioning properties of former Pakistan Prime Minister Nawaz Sharif, reported local media.
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Plea moved in Pakistan's top court against those named in Pandora Papers
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], October 17 (ANI): A plea has been filed in Pakistan's top court seeking direction for the federal law enforcement agency to launch an inquiry and determine if those named in the Pandora Papers and the Panama Papers had committed or indulged in any malpractice.
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Pakistan revenue board fails to ramp up tax collection despite 6 new FBR c
Updated : 4 years, 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 : 4 years, 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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Quitting IMF programme not possible now: Pakistan Finance Minister
Updated : 4 years, 9 months ago IST
Islamabad [Pakistan], June 18 (ANI): Pakistan Finance Minister Shaukat Tarin has said that it is not possible for Pakistan to come out of the International Monetary Fund (IMF) programme, as he agreed to review the Federal Board of Revenue's (FBR) powers of arresting taxpayers in consultation
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Over 2000 FBR officials transferred in a major reshuffle
Updated : 6 years, 8 months ago IST
Islamabad [Pakistan], July 6 (ANI): More than 2,500 employees of the Federal Board of Revenue (FBR) across the country have been transferred to various departments with an aim to meet its revenue targets.
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Gilgit-Baltistan traders protest against Pak WEBOC
Updated : 7 years, 10 months ago IST
Gilgit-Baltistan [Pakistan], May 17 (ANI): Traders in the town of Gilgit in Pakistan organized a 180-kilometer-long car rally recently to protest against the Federal Board of Revenue's newly implemented Web-Based One Custom (WEBOC).
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Pak's revenue board sends notices to nationals named in Panama papers
Updated : 8 years, 7 months ago IST
Islamabad [Pakistan], Sept. 4 (ANI): Pakistan's Federal Board of Revenue (FBR) has begun sending letters to over 600 Pakistanis named in the Panama Papers for owning offshore companies, which also includes names of Pakistan Prime Minister Nawaz Sharif's family members.
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