Sohail Sarfraz

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 25 focal persons in the field formations for better coordination between FBR/Pakistan Revenue Automation Limited (PRAL) and Tier-I retailers for the point of sales (POS) integration. In this regard, the FBR has released the list of 25 Inland Revenue officials here on Thursday.

ISLAMABAD: The Federal Board of Revenue (FBR) has upward revised the value of supply of the compressed natural gas (CNG) to the CNG consumers for the purpose of charging sales tax from the CNG stations.

ISLAMABAD: The Federal Board of Revenue (FBR) is required to launch a massive enforcement drive in consultation with the trade bodies/associations for the successful implementation of the Tajir Dost Scheme, 2024.

ISLAMABAD: In order to create a conducive environment for trade and industry, the Directorate of Valuation, Karachi,...

ISLAMABAD: The Federal Board of Revenue (FBR) has relaxed a major requirement of filing balance sheets of assets and...

ISLAMABAD: At the time when nearly 63 percent of the Pakistani market has been captured by illicit cigarettes, Federal Board of Revenue (FBR) Member Inland Revenue (Operations) Saturday launched an exercise to verify digital tax stamps on cigarette packets, sugar and fertiliser bags across the country.

ISLAMABAD: Lahore Tax Bar Association (LTBA) has strongly opposed the proposed abolition of the first Appellate Forum of Commissioner Appeals, saying it would pose complexity in administering the relevant fiscal laws and provision of justice to taxpayers.

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has imposed some restrictions on the modaraba companies for the authentication of their statements on financial position.

ISLAMABAD: The Federal Board of Revenue (FBR) is issuing an urgent alert to the Customs field formations to check the intentional misuse of unique user identifier (CNICs/NTNs) of non-exporters, while filing of goods declarations (GDs) by exporters, under Pakistan Single Window (PSW) and web-based Customs clearance system (WeBoc).

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday suspended Chief Commissioner-Inland Revenue (IR), Large Taxpayers Office Islamabad for deliberately delaying tax cases in High Court. According to a notification issued by the FBR on Tuesday, in exercise of powers conferred under Rule 5(1) of Civil Servants (Efficiency & Discipline) Rules, 2020, the Competent Authority has placed Yousif Hyder Shaikh (IRS/BS-21) presently posted as Chief Commissioner-IR, Large Taxpayers Office, Islamabad under suspension, with immediate effect, for a period of 120 days.