Tag: Federal Board of Revenue

FBR TO ENLIST INTELLIGENCE AGENCIES TO COMBAT CORRUPTION

The Federal Board of Revenue (FBR) is set to collaborate with intelligence agencies to identify officers involved in corruption. FBR Chairman Rashid Mahmood Langrial announced the introduction of a stringent reward and punishment system aimed at enhancing accountability within the organization, as reported by Express News. During a meeting with senior tax officers (grade 17 […]

PM APPROVES RS34B FBR OVERHAUL

Prime Minister Shehbaz Sharif has approved new restrictions targeting both compliant taxpayers and non-filers. Compliant taxpayers will now be barred from purchasing assets beyond their explainable income, while non-filers will be prohibited from acquiring major assets like property. Additionally, the Prime Minister approved a Rs34 billion package to modernize the Federal Board of Revenue (FBR). […]