FBR’s

Cabinet decides to withdraw FBR’s tax policy powers

Cabinet decides to withdraw FBR’s tax policy powers

ISLAMABAD:The federal cabinet on Thursday decided, in principle, to separate tax policy from administration amid half-hearted support from the Federal Board of Revenue (FBR) that did not want to abolish its policy wing even after its transfer to the Finance Division.The subject of tax policy will be transferred to the Finance Division from the Revenue Division, […]

Local manufacturer seeks FBR’s help to curb tyre smuggling

Local manufacturer seeks FBR’s help to curb tyre smuggling

ISLAMABAD  – A local tyre manufacturer has requested the Federal Board of Revenue (FBR) chairman to take measures to curb smuggling of tyres into Pakistan which is eating up precious government revenues and foreign exchange.In a letter to the FBR chairman, Hussain Kuli Khan stated that many local industries have either shut down or moved […]

Finance minister dissatisfied with FBR’s tax widening drive

Finance minister dissatisfied with FBR’s tax widening drive

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government is failing in its two key goals – broadening a narrow tax base and enhancing revenue collection, which has started displeasing Finance Minister Asad Umar who on Thursday sought an explanation for apparent breakdown of the tax machinery.Umar expressed dissatisfaction over the Federal Board of Revenue’s (FBR) performance in the […]