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FBR’s decision to disconnect electricity and gas connections and block SIMs of tax evaders postponed Income Tax General Order could not be prepared before taking action against non-filers, sources Actions against non-filers could have led FBR to face legal issues from courts Action can be taken against non-filers after releaseRead More →

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In: Commerce and Industry
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ISLAMABAD (WEB NEWS) Faad Waheed, Senior Vice President, Islamabad Chamber of Commerce & Industry that the business community is facing many tax issues and the Corporate Tax Office should set up its Facilitation Desk in ICCI to address them. He said that the business community is the wealth creator ofRead More →

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ISLAMABAD (WEB NEWS) President Dr Arif Alvi has called for an explanation from FBR over unnecessarily contesting the decision of the Federal Tax Ombudsman (FTO) before him without sound legal justification in a financially insignificant case and wasting the time and efforts of the highest office of the country. WhileRead More →

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President Alvi rejects 25 representations of FBR, directs to bring unregistered sugar dealers into the tax net Appoints Babar Hassan Bharwana & Justice (retd) Ikramullah Khan as members of ECP from Punjab & KP respectively ISLAMABAD ( Web News ) President of Pakistan, Dr. Arif Alvi, has directed the FederalRead More →

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ISLAMABAD ( Web News ) Building further on its ongoing drive for digitization to facilitate the taxpayers, promote ease of doing business and reduce compliance costs, FBR achieved one more milestone by developing National Sales Tax Return. This is by all means a watershed initiative towards automation, data integration andRead More →

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In: Commerce and Industry
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Faiz Ullah Kamoka assures to finalize property valuations in consultation with ICCI and stakeholders ISLAMABAD (  Web News ) Faiz Ullah Kamoka, Chairman, National Assembly Standing Committee on Finance and Revenue assured that the FBR would finalize the new market values of properties in consultation with ICCI and other stakeholdersRead More →

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In: Commerce and Industry
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ISLAMABAD ( Web News ) Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce & Industry (ICCI) has proposed that the FBR should take traders and all market associations fully on board before setting up Point of Sale (POS) devices in the business premises that would help in broadening theRead More →

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In: Commerce and Industry
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ISLAMABAD (PRESS RELEASE) Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce & Industry (ICCI) lauded the decision of FBR for extending the deadline to furnish the taxpayer profile  up to 30th June 2021 as it would reduce pressures on taxpayers by giving them more time for preparation of theirRead More →

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In: Commerce and Industry
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ISLAMABAD  ( STAFF REPORT ) Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry said that the business community was feeling very perturbed over the attachment of bank accounts of taxpayers by the tax department as it was shattering their confidence and called upon the FBR to refrainRead More →

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In: Telecom
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ISLAMABAD (PRESS RELEASE) Federal Minister for IT and Telecommunication Syed Amin Ul Haque has appreciated Federal Board of Revenue’s recent initiative of adopting definition of IT/ITES Sector as defining the scope for an IT Company or ITES Company in tax regime was need of the hour. This positive news hasRead More →

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In: Commerce and Industry
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ISLAMABAD ( WEB DESK ) Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry has called upon the Federal Board of Revenue (FBR) to revise its policy for mandatory update of taxpayers’ profiles as it has created additional difficulties the business community and was discouraging the potential taxpayersRead More →

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In: اردو خبریں
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اسلام آباد (ویب ڈیسک) جن ماڈلز میں تکنیکی خرابیاں ہیں ان گاڑیوں کوفوری طور پرری کال کیاجائے ،قائمہ کمیٹی برائے صنعت و پیدا وارکی ہدایت انسانی جان کی سیفٹی کویقینی بنایاجائے اس پر کسی قسم کاسمجھوتہ نہیں ہوسکتاہے ،چیرمین کمیٹی کمپنیاں پاکستان میں اپنے مینوفیکجرنگ اور معیار کوبہتر نہیں بناتیRead More →