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Daily Times “ A comprehensive strategy has been formulated to shift the gear and move to higher economic growth. I do not believe in increase in taxes to increase revenue collection but those outside the tax net would be tapped. The chances for any harassment by FBR officials shall be eliminated for which change in audit procedures. 17 percent General Sales Tax rate is very high and a mechanism has been prepared for its reduction and the government was also working on a sales tax system for small businesses….”— Finance Minister Shaukat Tarin in his first testimony before the Standing...

The Federal Board of Revenue (FBR) has revised the powers and functions of FBR Members including additional powers to the FBR Member Inland Revenue

'Payment of duties, taxes to be made only electronically from tomorrow' Wed 20th January 2021 | 12:04 AM Collector of Lahore Customs Appraisement, Mohsin Rafique said on Tuesday that all duties and taxes exceeding Rs. one million would be paid only through the system of e-payment from tomorrow (Wednesday). LAHORE, (UrduPoint / Pakistan Point News - 19th Jan, 2021 ):Collector of Lahore Customs Appraisement, Mohsin Rafique said on Tuesday that all duties and taxes exceeding Rs. one million would be paid only through the system of e-payment from tomorrow (Wednesday). He announced this at a se...

Federal Board of Revenue urges traders and taxpayers’ to make use of electronic payment facility Islamabad, January 11, 2021 (PPI-OT): In continuation of FBR reforms and modernization drive, E-Payment facility for payment of all FBR taxes as well as some provincial taxes has been introduced for convenient and hassle free payment. On the one hand, traders can electronically pay all import duties and taxes through Customs computerized system WeBOC at ports and border stations across Pakistan. While on the other hand, taxpayers can also electronically pay income tax, sales tax and Federal Exci...

FBR Urges Traders and Taxpayers to Make Use of Electronic Payment Facility In continuation of FBR reforms and modernization drive, an E-Payment facility for payment of all FBR taxes as well as some provincial taxes have been introduced for convenient and hassle-free payment. On the one hand, traders can electronically pay all import duties and taxes through Customs computerized system WeBOC at ports and border stations across Pakistan. While taxpayers can also electronically pay income tax, sales tax and Federal Excise duty sitting in their homes. E-Payment system provides round the clock fac...