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FBR issues SOP to enrol AJK/GB registered persons


Daily Times
May 25, 2021
The Federal Board of Revenue (FBR) on Monday issued standard operating procedure (SOP) for enrolment with FBR system of persons registered with Azad Jammu Kashmir (AJK) and Gilgit-Baltistan (GB).
The FBR said that the Sales Tax Act, 1990 mandates a registered person (RP) with the Federal Board of Revenue (FBR) to claim input tax credit on supplies made to RPs registered with Azad Jammu & Kashmir (AJK) Tax Department and vice versa. Rule 161 of the Sales Tax Rules, 2006, however, warrants that RPs registered with AJK Tax Administration to have enrolment with FBR so as to be able to avail the benefits of input adjustments. ....

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Need stressed to expedite divestment of SOEs - Newspaper


A sub-committee of the Economic Advisory Council (EAC) on state-owned entities (SOEs) on Friday called for expediting the process of privatisation and empowering their board of directors at the earliest. AFP/File
ISLAMABAD: A sub-committee of the Economic Advisory Council (EAC) on state-owned entities (SOEs) on Friday called for expediting the process of privatisation and empowering their board of directors at the earliest to improve their management structures.
Federal Minister for Finance and Revenue Shaukat Tarin presided over the meeting of the sub-committee of EAC on SOEs and privatisation. Minister for Privatisation Mohammedmian Soomro, Adviser to the Prime Minister on Institutional Reforms and Austerity Dr Ishrat Hussain and private members Arif Habib and Sultan Ali Allana attended the meeting. ....

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FBR begins e-filing of tax appeals


FBR begins e-filing of tax appeals
  Published On
FBR begins e-filing of tax appeals
ISLAMABAD (Dunya News) - The Federal Board of Revenue (FBR) has started e-filing of appeals and from January 1, 2021, there will be electronic filing of appeals.
According to a statement issued by the Federal Board of Revenue, the automation of the systems and the full convenience of the taxpayers are being ensured. Taxpayers will be able to file their appeals on the Iris web portal.
According to the Prime Minister s statement, the Federal Board of Revenue in collaboration with Pakistan Revenue Automation Limited developed software for e-filing of appeals. ....

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