The upcoming federal budget will ease the burden on the industrial sector to reduce the cost of doing business to facilitate industrial and exporters, Dr. Muhammad Ashfaq, Member Inland Revenue (Operations), Federal Board of Revenue (FBR), said on Friday.The Member was addressing the members of Karachi Chamber of Commerce and
Tag: FBR
FBR Extends Date for Updating Taxpayers’ Profile up to March 31
FBR Launches Online Module to Promote Investment in Green Field Industry
In an attempt to promote investment in the Green Field Industry and facilitate individuals who want to invest in this sector, the Federal Board of Revenue (FBR) has launched an online portal in Iris that will facilitate the application filing process for the grant of Green Field Industry Status.The regulatory
FBR Announces Cash Back on Sales Tax to Encourage Documentation
Return Filing Date Extended up to December 24
Federal Board of Revenue (FBR) has granted date extension up to December 24, 2020 for filing annual income tax return to those taxpayers who submitted applications under Section 119 of Income Tax Ordinance, 2001.The last date for filing income tax return was expired on December 08, 2020. The FBR refused
FBR Finalizes Return Form for Small Manufacturers After Filing Expiry Date
Federal Board of Revenue (FBR) on Wednesday issued a simplified single-page income tax return form for small manufacturers a day after when the last date for filing income tax return was expired.The FBR issued SRO 1316(I)/2020 dated December 09, 2020 to notify the simplified income tax return form for individuals
Income Tax Returns: Taxpayers Can File Applications Till Midnight, FBR
The Federal Board of Revenue on Tuesday announced that taxpayers can file their income tax returns till midnight online.According to an FBR spokesperson, all commercial banks will be open to taxpayers until 9pm tonight.Moreover, all FBR field offices will be open to taxpayers until 10pm, the spokesman said.Applications for extensionThe
Date for Filing Income Tax Returns May be Extended
FBR says December 8 Last Date to File Income Tax Returns
PRAL Issues Cyber Security Advisory for FBR Officials Working from Home
Pakistan Revenue Automation (Pvt) Limited (PRAL) has issued cyber security advisory for officials of Federal Board of Revenue (FBR), who are working from home in the wake of resurgence of coronavirus.In its advisory issued on Thursday, the PRAL said that switching to remote working because of the ongoing coronavirus pandemic