Tag: FBR

Penalty amount doubles for non-filer salaried persons

The Federal Board of Revenue (FBR) will recover a minimum amount of Rs10,000 as a penalty from salaried persons, who failed to file an income tax return during a tax year. The minimum penalty has been increased...

FBR reiterates not to extend return filing date

Federal Board of Revenue (FBR) on Friday reiterated its resolve for not extending the last date for filing annual returns beyond September 30, 2021. In a statement, the FBR said that improvement of tax...

FBR tightens noose around electricity, gas consumers

The Federal Board of Revenue (FBR) has issued 650,000 notices to consumers of electricity and gas, who are not in the tax net, in its efforts to enhance tax compliance. The FBR said that data has been...
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