Tag Archives: says FBR

ISLAMABAD: Poor tax compliance in gold and precious stone sectors is causing huge losses to the national exchequer, said a report released by the Federal Board of Revenue’s Directorate General Intelligence and Investigation Inland Revenue. The findings come at a time when the FBR has notified rules to clamp down on terror financing in the real estate, gems and jewellery …

ISLAMABAD: The Federal Board of Revenue (FBR) on Saturday advised citizens to file their tax returns by December 8. The FBR, in a tweet, warned that it will not extend the deadline for submission any further. “Taxpayers should submit annual tax returns before December 8, submission date will not be extended,” said the FBR on Twitter. The tax body said …

ISLAMABAD: An official report of the Federal Board of Revenue (FBR) has shown income tax exemptions and concessions worth Rs30 billion given to the top government officials, military officers and judges of superior courts on perks and privileges in the tax year 2019. The estimates come from the first-ever comprehensive report on “Tax Expenditure 2020” produced by the FBR, which has also …