Federal Board of Revenue (FBR) has strongly refuted the news appearing in some sections of press which states that the new Finance Bill has allowed the non-filers to purchase immovable property or cars. In a clarification statement on Tuesday night, it said the actual position is that the whole ...

ISLAMABAD The federal government has imposed Income Tax (Amendment) Act 2016 across the country, allowing the buyer to clean up their huge undeclared transaction amount and buy an illegal plot by paying three per cent tax to Federal Board of Revenue (FBR).The amendment to the income tax law was ...

ISLAMABAD (APP): As directed by Finance Minister, Senator Mohammad Ishaq Dar, Federal Board of Revenue (FBR) will soon hold meetings with stakeholders regarding the modalities for determination of fair market value of immovable property vide Finance Act, 2016.The Minister earlier this week had ...