Tax

The Federal Board of Revenue (FBR) is making all-out efforts by taking several steps to improve the disposal of tax litigation cases pending in different appellate forums through the Alternative Dispute Resolution Committee (ADRC).     These include the cases pending with Commissioners Inland Revenue (Appeals), Appellate Tribunal Inland Revenue, High Courts, and the Supreme Court […]

The downward revision in the tax collection target of Rs. 4.963 trillion (2020-21) for the Federal Board of Revenue (FBR) is under consideration, highly-place officials told Propakistani. The issue of the downward revision in the revenue collection target of the FBR was discussed in detail during the last meeting of the International Monetary Fund (IMF)