The Federal Board of Revenue (FBR) has developed a plan to bring 7.4 million non-filers into the tax net by using the Tax-Ray portal on IRIS. IRIS is an online portal where Income Tax Return link is filed. Special Assistant to PM on Revenue Dr. Waqar Masood, said that FBR has served tax notice to ...

ISLAMABAD: The World Bank’s (WB) loan of $400 million for FBR will target raising the tax-to-GDP ratio to 17 percent by financial year 2023-24 and widening the tax net from the current 1.2 million to at least 3.5 million active taxpayers. A World Bank team led by Vice-President for Equitable ...

KARACHI - In an attempt to broaden the tax net, the Federal Board of Revenue (FBR) has decided to include lavish hotels, food chains and restaurants from Karachi in its tax list. FBR has sent notices to more than 200 key restaurants and bakeries in ...

*ISLAMABAD: The number of taxpayers in Pakistan has increased by 700,000 over a year’s period, according to statistics shared by the Federal Board of Revenue (FBR).* As per the FBR’s stats, the total number of people who filed their tax returns rose by 700,000 to a total of 2.154 million. Of ...

Chairman Federal Board Revenue Shabbar Zaidi says reforms are being made in the Federal Board of Revenue under the leadership of Prime Minister Imran Khan. Talking to media in Islamabad today, he said that it is his responsibility to improve the tax base under the leadership of Prime Minister Imran ...

ISLAMABAD: Prime Minister Imran Khan stressed upon traders, businessmen and industrialists to come forward and work with the government in cohesion for collection of taxes which were a prerequisite for running the country's financial matters. Addressing an award distribution ceremony of the ...

*ISLAMABAD: In an effort to broaden tax base, the Federal Board of Revenue (FBR) here on Tuesday decided to bring unregistered doctors into tax net.* In a letter to Pakistan Medical and Dental Council (PMDC), FBR sought details of its members within 10 days. All the doctors registered with the ...

ISLAMABAD - Federal Board of Revenue Chairman Syed Shabbar Zaidi has said that the FBR is working on a long-term strategy to expand the tax net in the country, Radio Pakistan reported on Tuesday. In a statement issued on Tuesday, he underlined the importance of building the confidence of the ...

Minister of State for Revenue Hammad Azhar says tax laws are being simplified to increase the tax net in the country. In a media briefing, he said the implementation of reforms at Federal Board of Revenue will help it collect taxes swiftly. He said in the Finance Bill no tax was imposed on poor ...

Prime Minister Imran Khan has directed for introducing reforms in taxation system to achieve durable economic progress.            Chairing a meeting to discuss the revenue collection and enhancing the tax base, he termed the existing taxation system as unjust.  ...