Aftab Maken ISLAMABAD: The Public Accounts Committee (PAC) has asked the FBR to submit details about the owners of sugar mills. The committee also asked who allowed the export of sugar, which mills exported how much, and to which countries. All this information must be provided by next week. A …
Read More »Govt ends tax exemptions for NGOs, introduces 100% tax credit system
Aftab Maken ISLAMABAD: The Federal Board of Revenue (FBR) has announced that tax exemptions for non-profit organizations (NGOs) in Pakistan have been withdrawn. Instead, NGOs will now be eligible for a 100% tax credit, subject to certain conditions. This was revealed by FBR Chairman Rashid Langrial during a meeting of …
Read More »Langrial appointed new FBR chairman
The federal government has appointed Rashed Langrial of the Pakistan Administrative Service (PAS) as the Chairman of the Federal Board of Revenue (FBR). Sources revealed that the federal government has completed preparations for the new Chairman of FBR’s appointment, and approval for the appointment has been sought from the federal …
Read More »NA panel summons FBR chairman
The Committee expressed concern over federal taxes on the industry and suggested inviting the Chairman of the Federal Board of Revenue (FBR) to brief the Committee on industrial taxes and discuss potential tax waivers to support the sector’s revival. The 2nd meeting of the Standing Committee on Industries & Production …
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