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Mobile users will get balance of 100 on Rs 100 card

Lahore : FBR has announced that mobile users will get balance of 100 on Rs 100 card from 12 AM tonight . This order will be implemented for 15 days till the department make a mechanism . Earlier ; Mobile companies were giving balance of 64.5 on the card of ... Read More »

FBR officials harassing business community : FPCCI

Lahore: Discretionary powers given to FBR Official should be withdrawn immediately as FBR officials use these powers for harassing business community.  One window facilitation cell should be established for industrialization, dealing with increasing trade deficit and improving ease of doing business ranking. Double taxation and withholding tax on banking transaction ... Read More »

FPCCI concern over FBR’s action on bank transactions

Lahore: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concern over FBR’s inaction on section 38-B and withholding tax on bank transactions and urged the prime minister to intervene into the matter. The FPCCI Vice President & Regional Chairman Ch.Arfan Yousaf said that challenges to ... Read More »

Punjab Revenue Authority signs MoU with FBR

Lahore : Chairman Punjab Revenue Authority Raheel Ahmad Siddique signed a MoU with FBR on Wednesday in which parameters regarding input tax adjustment were decided/ finalized. It is pertinent to mention here that for some time Punjab Revenue Authority was claiming billion of rupees from FBR in form of input ... Read More »

Real Estate agents lost their war at table

  Lahore : Finance Minister Ishaq Dar held talks with the property evaluators from all over the country on the issue of Valuation of Property and related tax matters. The talks between FBR and real estate association continued for 10 days before reaching the agreement. The Federal Board of Revenue  would ... Read More »

The budget 2016-17 will help to achieve the objectives: Ishaq dar

Lahore: Minister for Finance, Senator Muhammad Ishaq Dar on Friday directed the Ministry of Finance and Federal Board of Revenue (FBR) teams to continue to take guidance from the Parliamentary budget debate and make recommendations for adoption of positive and forward looking proposals. The Minister stated that the government was open to suggestions and any ... Read More »

FBR asked to accept FPCCI suggestions to spur growth

Lahore: The Federation of Pakistan Chamber of Commerce and Industry has formally presented its budget proposals to the National Assembly’s Standing Committee on Finance. The FPCCI’s proposals were presented to the National Assembly’s panel by Secretary General UBG Zubair Tufail and Vice President FPCCI Zafar Bakhtawari in a meeting chaired ... Read More »

Pothohar region announces unconditional support to the candidate of UBG

Lahore: All the chambers of commerce of Pothohar region have announced their unconditional support to the candidate of United Business Group (UBG) in the upcoming elections of the FPCCI. This was decided and announced at a luncheon hosted by former president FPCCI in honour of newly elected office bearers of ... Read More »

FBR to nominate a focal person to assist Overseas Pakistanis

Lahore: On the request of Overseas Pakistanis Commission (OPC) Punjab, Federal Ministry of Finance has decided to nominate a focal person at Federal Board of Revenue (FBR) to assist overseas Pakistanis regarding tax matters. Decision to this effect was made during a meeting of Commissioner OPC Punjab, Afzal Bhatti with ... Read More »

FBR delaying payments to exporters despite issuance of cheques

Lahore: President Pakistan Businessmen and Intellectuals Forum (PBIF), All Karachi Industrial Alliance (AKIA) and former provincial minister Mian Zahid Hussain on Monday said FBR has been delaying cheques to exporters despite issuance of Refund Payment Orders (RPOs) which is injustice. Business community is already reeling under many problems therefore it should ... Read More »

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