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income tax

FBR launches mobile app for income tax filing

ISLAMABAD: The Federal Board of Revenue (FBR) has launched a user-friendly mobile application for filing income tax returns and also introduced a new and simplified tax return form to facilitate filers. FBR member inland revenue Chaudhry Muhammad Tariq briefed media

FBR directed to pay income tax refunds up to Rs50 million

ISLAMABAD: Adviser on Finance and Revenue Dr Abdul Hafeez Shaikh has directed the Federal Board of Revenue (FBR) to make payments of all income tax refunds of up to Rs 50 million in the next couple of weeks. “The government

FBR brings new acts in tax returns

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Syed Shabbar Zaidi has said that every person owning a car above 1000 cc and a house which measures 500 square yards or above is required to file return of income, irrespective of

Govt releases income tax refunds worth Rs23 billion

KARACHI: The Federal Board of Revenue (FBR) said that the government has released refunds of sales and income tax worth more than Rs23 billion. According to the FBR statement, the decision was taken in order to provide liquidity support to

FBR achieves 90pc revenue collection: Shabbar Zaidi

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has said that 90 percent revenue collection has been achieved. Shabbar Zaidi in a tweet said, “So far, FBR’s target for FY2019-20 has been achieved to the extent of

Number of Income tax filers exceeds 2.5 million

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has said that the number of income tax filers in the country has exceeded to 2.5 million. Talking to the media, Shabbar Zaidi said that FBR was simplifying the process of

Deadline to file income tax extended till 9th Aug

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline for filing of income tax returns for the year 2018 by seven days. The last date will be 9th August. The notification circulated by FBR stated, “In Continuation of