Main Menu: FBR Head Quarter
Skip Navigation Links
About FBRExpand About FBR
Contact UsExpand Contact Us
Press Releases
Notifications/SROsExpand Notifications/SROs
FormsExpand Forms
Tenders/AuctionsExpand Tenders/Auctions
BudgetExpand Budget
Activities & Events
Federal Tax Ombudsman
FBR Quarterly Reviews
Aug 17, 2016 FBR strongly denies allegations levelled during rally

Federal Board of Revenue has expressed its serious concern regarding unfounded allegations of ‘fixing’ Tax record of Prime Minister of Pakistan Muhammad Nawaz Sharif and his family members by two senior officers of FBR. The allegations were leveled during a post mid-night political rally in the capital on Sunday. The allegations are strongly denied as being mere speculative and unsubstantiated.

2. FBR considers the Tax record of all taxpayers as a sacred trust and under section 216 of Income Tax Ordinance, 2001, it cannot be shared with unauthorized persons. FBR has fool-proof automated processes for record maintenance and updation. No individual can alter, edit or modify the record except as provided under the law and standard operating procedures. Record is stored in secure database and any access to the same is automatically recorded by the system. There is thus no question of tampering with the record in any manner whatsoever. The allegations are totally false and baseless and constitute an attempt to bring two very competent, honest and senior officers of FBR enjoying impeccable reputation of integrity and professional competence to disrepute and can demoralize and discourage the employees of FBR who had just recently been successful in making an unprecedented accomplishment of surpassing a massive collection target of Rs 3104 Billion during financial year 2015-16. FBR expects that while issuing such statements our political leaders would consider the adverse impact such statements have on the individual’s reputation in the society and the morale of national institutions.

3. The employees of FBR feel disheartened and demoralized. It would be in best national interest if such allegations are retracted and FBR is allowed to continue performing its functions and duties in a non-partisan manner. 

 
Hamid Raza Khan
Secretary (PR)

Aug 11, 2016 Date for filing of sales tax, federal excise returns extended

Federal Board of Revenue (FBR) has extended the date of submission of annexure-C and annexure-I of the sales tax and federal excise return from 10.08.2016 to 15.08.2016, the date of payment of sales tax and federal excise duty from 15.08.2016 to 18.08.2016 and the date of submission of sales tax and federal excise return from 18.08.2016 to 22.08.2016 for the tax period of July, 2016. 

Hamid Raza Khan
Secretary (PR)

Aug 09, 2016 FBR's tax collection in 2016 soars to Rs 3130 billion

Federal Board of Revenue (FBR) collected more than Rs 3130 billion in the tax year 2015-16 as per figures consolidated and reconciled by AGPR, surpassing the revenue collection target of Rs 3104 billion set for the year, which is unprecedented. 

As per details, the FBR has made a net collection of more than Rs 3130 billion for the year ending June 30, 2016 as against Rs2589 billion collected in the year ending June 30, 2015 thereby registering a 21% increase over the last year.

FBR has collected Rs 1220 billion as income tax having a growth of 18.1 percent over the last year. The collection of sales tax in this period stood at Rs 1329 billion with a growth of 22.2 percent. Rs 404 billion was collected under the head of customs duty thereby giving an increase of over 30 percent. Federal Excise duty was collected to the tune of Rs 177 billion thus reflecting as increase of 9.1 percent over the collection of last year.

The FBR also wants to highlight that the originally assigned targets have been achieved without any downward revision which is an unprecedented accomplishment and speaks of the success of the economic policies being followed by the present government.

 
Hamid Raza Khan
Secretary (PR-FATE)

Aug 09, 2016 Press Release

In pursuance of news appearing in a number of dailies on 15.7.2016 pertaining to issuance of diplomatic bonded warehouse license to two Muslim individuals who deal in liquor, the Honorable Minister for Finance directed the FBR to investigate the matter and take appropriate action.

2.  Following the instructions, the Collectorate of Customs, Islamabad investigated the matter which revealed that in 1990, two persons namely Malik Iqbal and Gulfam Masih sought permission for license of diplomatic bonded warehouse alongwith permission to deal in liquor. The above referred Board’s permission was not availed by the applicants till 2005. In 2005, the license was granted to two non-Muslims namely Mr. Gulfam Masih (Christian) and Malik Iqbal (Ahmadi) with the permission to deal in liquor. However, the above named two non-Muslims converted the said Sun Diplomatic Bonded Warehouse License into a Private Ltd. company by adding two more persons namely Mr. Tahir Mahmood Tareen and Mr. Ishtiaq Ahmad as directors of the company. The above named two persons had submitted false Affidavit to the Customs authorities declaring themselves as non-Muslims.

3.  In pursuance of the Honorable Minister for Finance’s directive, personal data of the two directors of M/s Sun Diplomatic Private Ltd. namely Tahir Mahmood Tareen and Ishtiaq Ahmad was verified from NADRA confirming the above named persons to be Muslims by religion. As a result of false Affidavit submitted to the Customs authorities, administrative as well as criminal proceedings have been initiated against the above named directors of the company. An FIR has been lodged against the directors and show cause notice has been issued for revocation of the license by Model Customs Collectorate, Islamabad.

Hamid Raza Khan
Secretary (PR-FATE)

Jul 20, 2016 Sales tax deduction being made through automated system

Controller General of Accounts (CGA) with the assistance of Federal Board of Revenue (FBR) has developed a software which is now being used for automated verification of Sales Tax Registration Number (STRN) and deduction of applicable rates of sales tax from the vendors' claims submitted at accounting offices. 

The system has been implemented across all accounting offices from 1st July 2016. The successful implementation of the project will ensure correct deduction of sales tax. Under the system, from 1st July 2016 onward the deduction of applicable rates i.e. 10%, 20% and 100% of the sales tax shall be made through this automated system. The system of the all the AGs will be linked up with FBR's database in order to verify the status of the vendor's STRN and authenticity of the Sales Tax Registration Number (STRN). As a result of this verification of status and authenticity of STRN, the system will automatically deduct sales tax as per applicable rates.  

The system was developed following a pilot project which was launched by CGA at AG Office Islamabad under the supervision of DG (MIS) FABS on 1st May 2016. In this pilot project, number of issues arose and solutions were provided to DG (MIS) by FBR for successful implementation of the software. After resolution of the teething problems of the project, both the partners i.e., FBR and CGA decided to extend this project across the country from 1st July 2016. CGA office has a prime role in the implementation of the project and this role will increase with each passing day. 

It has been decided by FBR and CGA that the prerequisite of the countrywide success of the of the project is to sensitize all the government departments to become aware of the new system in due course of time to keep it smooth and efficient. 

It may be added that full applicable rate of sales tax shall be deducted from those vendors whose STRN does not get validated from FBR's database. Under the system, the government departments and ministries would be required to deal with only those vendors who possess a genuine STRN. 

 
Hamid Raza Khan
Secretary (PR)

Jul 04, 2016 Persistent efforts, streamlining of system helped surpass revenue targets. FBR rebuts news reports about inclusion of non-tax revenue in tax collection

    Federal Board of Revenue has strongly denied reports appearing in a section of the press that non-tax revenue has been included in the taxes and duties collected by FBR to overstate the figure of tax collection.
    The FBR through its sustained and untiring efforts was able to achieve and surpass the revenue targets for the just concluded financial year and the above referred report is an attempt to undermine the efforts of the FBR and the Government resulting in a more than 20% increase in collection over that recorded for the preceding year.
    As per the provisional collection figures, FBR has made a net collection of Rs 3112 billion for the year ended 30th June 2016 as against Rs 2589 billion collected in the year ending on 30th June 2015 thereby registering a 20% increase over the last year. In order to dispel the misconception regarding inclusion of non-tax revenue FBR wants to inform that in the year ending 30th June 2016, it collected Rs 1217 billion as Income Tax showing a growth of 18% over the last year, the collection of Sales Tax in this period was Rs 1357 billion with a growth of 19%, Rs 401 billion were collected under the head of Customs duty thereby giving an increase of over 30% as compared with the last year and Federal Excise Duty to the tune of Rs 192 was collected thus reflecting an increase of 11% over the collection for the last year. After deducting the cash refund of Rs 54 billion disbursed during the period the net collection of Rs 3112 billion against the assigned target of Rs 31104 billion was recorded.
    The above figures clearly show that FBR achieved its assigned revenue targets through its own efforts and from streamlining the collection of taxes and duties that fall in the purview of FBR and no non-tax revenues were accounted for by the FBR to inflate its revenue figures.
    FBR also wants to highlight that the originally assigned targets have been achieved without any downward revision which is an unprecedented accomplishment and speaks of the success of the economic policies being followed by the present government.
 

Dr Muhammad Iqbal
Official Spokesperson, FBR

Jun 24, 2016 Provisions of Finance Act 2016 coming into force from 25th June 2016
Finance Act, 2016 has provided that certain provisions thereof shall come into force from the day next following the assent of the President of the Islamic Republic of Pakistan to the Act. The President has been pleased to grant assent to the Finance Act, 2016 on 24-06-2016. The following provisions of the sales Tax Act, 1990 and the Federal Excise Act,2005 will, therefore, become applicable from 25-06-2016:-
  1. Sales Tax on Sugar – Sugar was exempt from sales tax whereas it was chargeable to FED @ 8%. Through the Finance Act, 2016, exemption of sales tax from sugar has been withdrawn. Moreover, FED on sugar has also been abolished. Now sugar is chargeable to sales tax at the reduced rate of 8%.
  2. Pesticides and their active ingredients – pesticides and their active ingredients were chargeable to sales tax @ 7%. Through the Finance Act, 2016 pesticides and their active ingredients have been granted exemption from sales tax.
  3. Agriculture Tractors - agriculture tractors were chargeable to sales tax @ 10%. Through the Finance Act, 2016 the rate of sales tax on agriculture tractors has been reduced to 5%.
  4. Urea Fertilizer – urea fertilizer was chargeable to sales tax at the standard rate of 17%. Through Finance Act, 2016 urea fertilizer will now be chargeable to sales tax @ 5%.
  5. Mobile Phones – The rate of sales tax on Category “B” and Category “C” mobile phones has been increased from Rs. 500 and Rs. 1000 to Rs. 1000 and Rs. 1500 respectively.
  6. Aerated Waters & Beverages - aerated waters & beverages were charged to FED @ 10.5%. Through Finance Act, 2016 the rate of FED on aerated waters & beverages has been increased to 11.5%.
  7. Cement – Cement was chargeable to FED @ 5%. Through Finance Act, 2016 cement is now chargeable to FED @ Rs. 1 per kg.
All the concerned taxpayers are therefore requested to charge and pay sales tax at the new rates given above with effect from 25th June 2016.
Dr Muhammad Iqbal
Official spokesperson FBR

Jun 24, 2016 Sales tax deduction to be made through automated system from 1st July
Federal Board of Revenue (FBR) has developed a software for automated verification of Sales Tax Registration Number (STRN) and deduction of applicable rates of sales tax from the vendors' claims submitted at accounting offices.
 
The system will be implemented across all accounting offices from the start of the financial year 2016-17 and is expected to significantly enhance the performance of accounting offices in their role as withholding tax agents for the government, and contribute substantively to the government's sales tax collection.
 
The system will link up with FBR database to determine status of vendor's Sales Tax Registration and authenticity of Sales Tax Registration Number (STRN) as well as authenticity of allied master-data of the vendor in database of the Accounting Office, and calculate correct amount of sales tax to be withheld in line with the applicable rates as determined by FBR.
 
Based on verifications along the above mentioned dimensions, the system will deduct applicable rates i.e. 10%, 20% and 100% of the sales tax. Full applicable rate of sales tax shall be deducted from claims of those vendors who do not have STRN, whose STRN does not get validated from FBR data base or who are blacklisted.
 
The software was developed by the IRS-Operations Wing of FBR in collaboration with the office of Controller General of Accounts (CGA) following a pilot project launched earlier this year at AG Office Islamabad in collaboration with FABS.
 
Ahead of the software implementation on 1st July 2016, FBR has already started contacting the government departments and ministries to instruct their concerned staff to ensure that purchases are made from registered vendors as well as ascertain that vendors' STRN and master-records with Accounting Offices are validated to avoid deduction of full applicable sales tax from respective vendors.
Hamid Raza Khan
Secretary (PR-FATE)

Jun 07, 2016 FBR clarifies news reports on status of foreign trusts

     It has been reported in a section of the press that the explanation added to section 80(2)(vb) of the Income Tax Ordnance in the proposed Finance Bill is meant for granting exemption from imposing any tax liability on the foreign trusts. In this regard, it is clarified that section 80 of the Income Tax Ordinance, 2001 only defines various entities as individuals, association of persons or companies. Trusts have also been included in the definition of companies in the same section which states that company also means a trust, an entity or a body of persons established or constituted by or under any law for the time being in force.

    FBR was of the view that the above definition of trust also includes foreign trust since it speaks of the establishment of trusts under any law for the time being in force and is not restricted to trusts established tin Pakistan only. However, certain quarters have raised the issue that foreign trusts are not specifically included in the above mentioned definition of trust and do not fall in the ambit of person for Income Tax Law. To remove this ambiguity and for the purposes of clarity, an explanation is proposed to be added in clause (vb) of sub-section (2) of section 80 which clarifies that a trust under this clause includes a foreign trust. This clarification does not exempt any foreign trust or grant any benefit to these entities or any other person and is only for the purpose of clarity.
 

Hamid Raza Khan
Secretary (PR), FATE Wing

May 11, 2016 FBR issues Active Taxpayers List for tax year 2015
Federal Board of Revenue (FBR) has issued Active Taxpayers List (ATL) for the Tax Year 2015. The ATL 2015 contains CNICs/names of individuals/NTNs of companies & Association of Persons (AoPs) who filed their income tax returns for the tax year 2015. The names of those taxpayers who had filed their returns in tax year 2014 but failed to file tax returns for the tax year 2015 have not been included in the ATL for tax year 2015 and they would be treated as non-filers requiring to pay enhanced withholding tax rates on the pattern of other non-filers as per various provisions of law with immediate effect. 
 
Hamid Raza Khan
Secretary (PR), FATE Wing

May 04, 2016 FBR making concerned efforts to broaden tax base, MCMC participants told

Federal Board of Revenue (FBR) is making concerned efforts to broaden the tax base and several initiatives have been taken in the recent past to increase the number of return filers which has for the first time crossed one million mark.

"Our efforts for broadening of tax base have already started paying dividends as reflected in an impressive 19 % growth rate recorded during the first three quarters of current fiscal year with FBR having already collected Rs 2103 billion in this period," said Member Facilitation and Taxpayers Education (FATE) FBR, Ms Shaista Abbas while answering queries of participants of 21st Mid-Career Management Course from National Institute of Management Quetta during their visit to FBR House.

She welcomed the visiting officers and briefly told them about the mandate, working and performance of the FBR. She said FBR being the sole institution responsible for resource mobilization and revenue generation faced a difficult task of collecting tax revenue but the strenuous and dedicated efforts of the officers and workforce of FBR were helping broaden the tax net. She told the participants FBR had also increased the cost of doing business for non-filers while CNICs had also been converted into NTNs to track down potential taxpayers through their routine financial transactions.

To another query, Ms. Shaista Abbas said FBR had formulated a strategy to go after the tax-evaders by using information obtained from their transactions in the real estate sector, purchase of vehicles, foreign travels and also by accessing, in the long run, their bank accounts to assess the extent of tax avoidance and tax evasion.
 
Earlier, Ms Tehmina Aamer, Chief Member Facilitation & Taxpayer Education (FATE), FBR, gave a detailed presentation on the working and performance of FBR in broadening the tax net and enhancing the tax-to-GDP ratio. She also shared with the officers various loopholes and weaknesses in the current taxation system and what measures were required to make the system more robust. She argued that for a robust taxation system, compliant taxpayers, independent tax authority, simplified tax laws & procedures and a vibrant tax machinery are essential. Similarly, a fair tax system should impose similar tax burdens on similarly situated individuals while tax burdens should also be proportional to an individual’s ability to pay tax, she added.

Towards the end, Khawaja Ovais Adil, Director General of NIM Quetta thanked FBR management for hosting the MCMC participants and enunciating to them key features of the taxation system. Commemorative shields were also exchanged on the occasion.

Hamid Raza Khan
Secretary (PR)

Apr 05, 2016 19% revenue growth rate reflective of growing tax base, says Chairman FBR

The revenue growth is well on track this year and we are positive about achieving the revenue collection target set for the year," he said while answering questions from participants of 104th National Management Course during their visit to FBR House here Tuesday. Earlier, the visiting participants of NMC were given detailed briefings by Dr. Muhammad Iqbal, Member SPR&S/IT FBR and Nasir Masroor Ahmad, Member Customs FBR on the working, issues, challenges and strategic vision of Inland Revenue Service and Pakistan Customs Service respectively.

The Chairman said last year had been quite productive for broadening of tax base and revenue generation as FBR had been able to receive over one million tax returns which were about 750,000 three years ago. "We have taken several administrative and revenue measures, including increased cost of doing business and imposition of withholding tax on bank transactions for non-filers and dialogue with small and medium traders to improve tax compliance," he said.

To a question, he said a large number of Pakistanis were paying taxes on various accounts such as use of mobile phone and purchase of household items falling in GST regime. However, there were a large number of those who were earning a lot but not paying taxes commensurate to their income levels. "These are the people we are aiming to bring into tax net through a tax system that is simple, fair and transparent," he said.

Responding to another question about Voluntary Tax Compliance Scheme, Nisar Muhammad Khan said the scheme was launched at the behest of traders who wanted to become part of tax net to avoid paying 0.6% withholding tax on their bank transactions. "Under the scheme, we have received around 8,000 tax returns and around Rs 15 billion taxes have also been contributed through the withholding tax on bank transactions during the last seven months," he said.

To another question, the Chairman said FBR had a zero tolerance policy towards corruption which was being curtailed by reducing monopoly of officers on business processes, removal of discretionary powers and enhancement of accountability at all levels.

Later, Muhammad Ismael Qureshi, Rector National School of Public Policy, thanked FBR Chairman for hosting and briefing the participants of NMC. Commemorative shields were also exchanged on the occasion.

1- FBR chairman Nisar Mohammad Khan presenting a shield to a participant of 104th National Management Course during their visit to FBR House, Tuesday.

2- Group photo of 104th National Management Course participants with FBR chairman Nisar Mohammad Khan and other senior officers during their visit to FBR House, Tuesday

 

Dr. Muhammad Iqbal
Member (SPR&S/IT)Official Spokesman

Apr 01, 2016 21st MCMC participants visits FBR

A group of twenty five (25) senior civil servants undergoing the 21st MID-CAREER Management Course (MCMC), along with the faculty members of the National Institute of Management (NIM) Karachi visited FBR House, here today.
The group was welcomed by Mr. Nadeem Dar, Member Facilitation & Taxpayers’ Education (FATE). He briefed the visiting officers and faculty of MCMC about the organizational structure, working and revenue collection performance of the FBR. He also highlighted the challenges faced by the FBR and the way forward to resolve these issues.
Mrs Tehmina Aamer, Chief Fate, in her comments, gave a detailed outline of the various policy and operational challenges faced by the FBR and highlighted the strategies adopted by the FBR to address these issues. She also discussed the major initiatives of the FBR to enhance revenue generation through audit and enforcement initiatives and efforts broaden the tax base. She highlighted the measures being adopted by the FBR to improve the tax to the GDP and bridge the tax gap.
The briefing was followed by a detailed Questions & Answers session. The MCMC participants freely asked questions which were candidly and frankly responded to by Member FATE Mr. Nadeem Dar and Chief Admn Dr. Tariq Ghani.
At the end of the Q&A session, the National Institute of Management (NIM) Karachi Chief Instructor Khawaja Shaukat and Ms Shagufta Waris (ADS-Coord) thanked the FBR for providing the participants of MCMC with an opportunity to interact with the FBR’s top management and to understand the grass-root issues facing the country’s economy and the revenue collection system. Appreciating the performance of the FBR, he said that it is the need of the hour to adopt and promote tax culture at every level of the society.
Member Fate Mr. Nadeem Dar and NIM Chief Instructor Khawaja Shaukat exchanged institutional mementos.
Captions:
(1) Group photo of MCMC participants of NIM Karachi with Nadeem Dar Member Fate and other senior officers during their visit to FBR House on Friday.
 (2) Nadeem Dar, Member Fate, presenting institutional memento to NIM Chief Instructor Khawaja Shaukat during visit to FBR House on Friday


 

Hamid Raza Khan
Secretary (PR-FATE)

Mar 29, 2016 All field offices of Federal Board Revenue will remain open and observe extended working hours i.e. 09:00 am to 08:00pm on Wednesday the March 30, 2016 and 09:00 am to 10:00 pm on Thursday the March 31, 2016 for collection of duty/taxes.
All field offices of Federal Board Revenue will remain open and observe extended working hours i.e. 09:00 am to 08:00pm on Wednesday the March 30, 2016 and 09:00 am to 10:00 pm on Thursday the March31, 2016 for collection of duty/taxes.
Field offices of Federal Board of Revenue has established liaison with the State Bank of Pakistan, National Bank of Pakistan and scheduled Commercial Banks in their jurisdiction to ensure transfer of tax collection from these branches before or on 31-03-2016 to respective offices of State Bank of Pakistan on the same date so as to ensure the accounting of the same towards the collection for the month of March, 2016. 
 
Hamid Raza Khan
Secretary (PR-FATE)

Feb 17, 2016 Request for media coverage
Dear Sir,
 
Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan along with FBR Member Inland Revenue Policy Rehmatullah Wazir will hold a meeting with office-bearers and members of Karachi Tax Bar Association, Karachi Chamber of Commerce and Industry and Trade Bodies, including Pakistan Anjuman e Tajran Karachi, at Regional Tax Office (RTO) Karachi today (Wednesday). The schedule of the event is as under. 
 
Venue                        Regional Tax Office (RTO), Attaturk Road, Karachi
              
Date                           February 17, 2016 (Wednesday)
 
Time                          11:ooam
 
2.       You are requested to depute a team of reporter/camera man for the coverage of the said event at the given venue, date and time.
 
           Looking forward to a kind response
 
Hamid Raza Khan
Secretary (PR-FATE)

Feb 17, 2016 Request for media coverage
Dear Sir,
 
Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan along with FBR Member Inland Revenue Policy Rehmatullah Wazir will hold meet office-bearers and members of Lahore Tax Bar Association, Lahore Chamber of Commerce and Industry and Pakistan Anjuman e Tajran Lahore, in Lahore tomorrow (Thursday). The schedule of the event is as under. 
 
Venue                        Faletti's Hotel, Egerton Road, Lahore
              
Date                           February 18, 2016 (Thursday)
 
Time                          02:oopm
 
2.       You are requested to depute a team of reporter/camera man for the coverage of the said event at the given venue, date and time. For coordination, please contact Mr. Afzal Ahmed at 0300 9421782
 
           Looking forward to a kind response
 
Hamid Raza Khan
Secretary (PR-FATE)

Feb 17, 2016 Request for media coverage
Dear Sir,
 
Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan along with FBR Member Inland Revenue Policy Rehmatullah Wazir will meet office-bearers and members of All Pakistan/Gujranwala Tax Bar Association, Gujranwala Chamber of Commerce and Industry and All Pakistan Traders Association, in Gujranwala tomorrow (Thursday). The schedule of the event is as under. 
 
Venue                        Sheraton Hotel, GT Road, Gujranwala
              
Date                           February 18, 2016 (Thursday)
 
Time                          08:oopm
 
2.       You are requested to depute a team of reporter/camera man for the coverage of the said event at the given venue, date and time. For coordination, please contact Additional Commissioner Taimoor Aman at 055-9200665
 
           Looking forward to a kind response
 
Hamid Raza Khan
Secretary (PR-FATE)

Feb 16, 2016 FBR bids farewell to outgoing Members

A meeting of the Board-in-Council was held on 16th February, 2016 (Tuesday) at 09:30 AM in FBR House, Islamabad.  Chaired by Mr. Nisar Muhammad Khan, Chairman, FBR. In line with the tradition in FBR, the following officers recently retired in BS-21 (in FBR HQ), were invited to this meeting, arranged to pay homage and to bid farewell to by the Board-in-Council:-

1. Mr. Aftab Ahmad, Member FBR
2. Mr. Ali Salman Abbasi, Member FBR
3. Mr. Shaukat Mehmood, Director General WHT, FBR      

The retiring above officers were also Board Members prior to their retirement, who were invited to the meeting on special invitation. They shared their views and work experiences of their careers in and outside FBR. The represent Members of FBR in their individual remarks hailed the services rendered by these (3) retired officers and also shared their reminiscences of some pleasant memories while working together with the honorably retired officers.

The Chairman, FBR in his concluding remarks appreciated the services of the above officers and their hard work and commitment to the organization. The Chairman, FBR and all Board Members highlighted the moral values practised by outgoing officers and unanimously praised the high level of integrity and honesty exhibited by them during their entire career.  The Chairman emphasized that the retired officers with their enriched experience behind them must continue contributing to the society. He wished them all healthy and prosperous life in future.

At the end, the Chairman, FBR presented souvenirs and flower bouquets to the above outgoing offices of FBR.

Hamid Raza Khan
Secretary (PR-FATE)

Feb 16, 2016 Voluntary Tax Compliance Scheme (VTCS) has been launched on the demand and in consultation with traders and it is totally businessmen friendly
Voluntary Tax Compliance Scheme (VTCS) has been launched on the demand and in consultation with traders and it is totally businessmen friendly, said Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan on Tuesday here in a local hotel.
The Special Assistant to Prime Minister said this in a ceremony which was organized by Rawalpindi Chamber of Commerce and Industry and main purpose was to educate traders about Voluntary Tax Compliance Scheme recently announced by Federal Board of Revenue (FBR) to enhance the tax base and encourage traders to file the Income tax returns voluntarily.
The meeting was attended by Federal Minster for Finance Ishaq Dar, Income Tax Officers, elected representatives of different trade associations and large number of businessmen. 
Haroon Akhtar Khan highlighted the salient features of the scheme. He ensured trader community of his full support and cooperation. He further informed the participants that Tax Facilitation Camps have already been established in different cities where Income Tax Officials have been posted to help traders in filing of returns under this scheme. He assured trade leaders of his fullest cooperation and that his doors will always be open for trade community. 
He further said that in history of Pakistan, a simple one page Income Tax Return has been introduced to facilitate traders. He was of the opinion that this trader friendly scheme will result in increase not only in tax base but government revenue will also increase.
He asked the business community to avail full advantage of this scheme and help in making Pakistan and progressive and welfare country.
 
Hamid Raza Khan
Secretary (PR-FATE)

Feb 12, 2016 FBR rebuts news regarding grant of immunity from audit
Federal Board of Revenue (FBR) has strongly controverted news item captioned "FBR may grant immunity from income tax audit for 2014" and published in a section of the press, calling the news report unfounded and baseless. 
There is no proposal under consideration to grant such an immunity as reported in the news report and hence any speculation or attribution in this regard is incorrect and misleading
 
Dr. Muhammad Iqbal
Member (SPR&S

Feb 11, 2016 Request for media coverage
Haroon Akhtar Khan, Special Assistant to Prime Minister on Revenue, will address a Press Conference today (Thursday) at Regional Tax Office (RTO) Lahore. The programme is as under. 
 
Venue:     Regional Tax Office (RTO), Naabha Road, Lahore
 
Date:      February 11, 2016 (Thursday)
 
Time:      02:30 pm
 
2.          You are requested to depute a team for the coverage of the said event at the given time, venue and date. 
 

 

Hamid Raza Khan
Secretary (PR-FATE)

Feb 11, 2016 Cooperation, not harassment, is key feature of VTCS, says Haroon Akhtar

Senator Haroon Akhtar, Special Assistant to Prime Minister on Revenue, has said the government is committed to addressing concerns of traders and business community and FBR's field formations have been instructed not to harass any taxpayer or issue notice without prior approval to anyone filing under the Voluntary Tax Compliance Scheme (VTCS). 

"This scheme is the fruit of our sincere efforts, deliberations and discussions held with traders for six long months, and despite negative criticism and baseless doubts from certain quarters, we have rolled out a scheme that offers positive and practical solutions to traders to become filers," he said while addressing a press conference at the Regional Tax Office (RTO) Lahore following a meeting with office-bearers and representatives of various Tax Bar Associations of the country today (Thursday).

Haroon Akhtar said the VTCS had also been hailed by the country's mainstream media as being a major achievement of the government since it was not only non-coercive but it also offered a golden opportunity to document a very large segment of the economy that had historically resisted all attempts to be included in the state’s revenue effort. 

He recalled how the past attempts to coerce traders into coming into the tax net had failed because of lack of sincere efforts in motivating and persuading traders to begin filing tax returns and wealth statements in their own interest. "Our scheme is based essentially on the principle of maximum facilitation and that is the reason why traders have been exempted from audit, sales tax registration, filing wealth statement and becoming withholding agents as these were their major demands and we have accepted them in the best interest of the country. 

He said the scheme also allowed the traders to pay a nominal amount as tax on turnover while traders under the scheme were required to file a simplified one-page return form instead of a cumbersome process which previously kept them at bay. 

Haroon Akhtar said he had personally worked day and night and represented interests of both the government and the traders to make the scheme a success. We were given mandate by the Prime Minister to come up with out-of-box solutions for increasing revenue and broadening the tax base and we have striven in recent months to achieve these goals as evidenced by a massive increase in revenue collection and number of filers crossing one million mark for the first time in Pakistan. 

He said Prime Minister Nawaz Sharif had a vision to make Pakistan an Asian tiger and this dream could only be realized through increased revenue generation and resource mobilization. "We are going to remove blots such as low tax-to-GDP ratio and abysmal tax base which been seen and cited as limiting factors by economists and international financial institutions keenly observing Pakistan's growth patterns in recent years," he said.   

Haroon Akhtar advised the tax layers and traders; community against falling victim to a baseless propaganda unleashed by the opposition parties against the scheme and exhorted them to avail of what he called a golden opportunity for them to become filers and good responsible citizens actively contributing to progress and prosperity of the nation. He said the scheme was voluntary and not an attempt to whiten black money as had been insinuated by certain quarters and opposition parties acting inexplicably against efforts to enhance the population of taxpayers. 

Earlier, M. Mansha Sukhera, President of Tax Bar Association Lahore, welcomed the scheme as being "wholly traders friendly" and thanked the government for formulating what he described as the best scheme that accommodated all concerns and demands of of lawyers and traders. 

Speaking on the occasion, Mohsin Nadeem, President of Pakistan Tax Bar Association, also lauded the Voluntary Tax Compliance Scheme and the spirit with which all stakeholders, including traders, lawyers and the FBR, had been on one page in formulating this scheme. 

 
Hamid Raza Khan
Secretary (PR-FATE)

Feb 11, 2016 Request for media coverage
Dear Sir,
 
RTO Sialkot has arranged a mega event/awareness seminar to apprise the taxpayers about the benefits of Voluntary Tax Compliance Scheme (VTCS). Representatives of All Pakistan Anjuman-e-Tajran (APAT), Tax Bar Associations and Chambers of Commerce and Industry have been invited along with traders and taxpayers in general. The programme is as under.
 
Venue:     Hilton City, Paris Road, Sialkot.
 
Date:       February 15, 2016 (Monday)
 
Time:       02:00 pm
 
2.          You are requested to depute a team for the coverage of the said event at the given time, venue and date.
 
Hamid Raza Khan
Secretary (PR-FATE)

Feb 03, 2016 Request for media coverage of FBR-traders meet at Regional Tax Office Islamabad tomorrow

It is brought to your kind notice that Regional Tax Office (RTO) Islamabad is holding a meeting with office-bearers and members of different trade bodies and Anjuman e Tajraan on Voluntary Tax Compliance Scheme (VTCS). The schedule of the event is as under

Venue                  Regional Tax Office (RTO)
                             Plot No. 20, Mauve Area, G-9/1
                             Islamabad
Date                     February 04, 2016 (Thursday)
Time                     2:30 pm
2.You are requested to depute a team of reporter/camera man for the coverage of the said event at the given venue, date and time. For any coordination, Additional Collector RTO Islamabad Mr. Saleem Akhtar may also be contacted at 051-9241267. 
 
         Looking forward to a kind response
 

 

Hamid Raza Wattoo)
Secretary (PR-FATE)

Feb 03, 2016 Request for media coverage of FBR-traders'meet in Karachi tomorrow
Dear Sir,
 
A high-level team of Federal Board of Revenue (FBR) consisting of Member Inland Revenue Policy Rehmatullah Wazir, Member Facilitation and Taxpayers Education (FATE) Wing Mr. Nadeem Dar and Chief Inland Revenue Policy Vishnu Raja Qavi will hold a meeting with office-bearers and representatives of various trade bodies and tax bar associations at Regional Tax Office (RTO) Karachi tomorrow (Thursday). The schedule of the event is as under
Venue                        Regional Tax Office (RTO), Attaturk Road, Karachi
Date                           February 04, 2016 (Thursday)
Time                           1:oopm
2.       You are requested to depute a team of reporter/camera man for the coverage of the said event at the given venue, date and time.
 
           Looking forward to a kind response
 
Hamid Raza Khan
Secretary (PR-FATE)

Feb 03, 2016 SA to PM on Revenue despatches FBR Members to Karachi to meet traders

Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan has despatched a high-level team of FBR officials to Karachi to hold series of meetings with office-bearers and members of trade bodies, business community and tax bar association to apprise them of the Voluntary Tax Compliance Scheme (VTCS). 

The team comprises Member Inland Revenue Policy Rehmatullah Wazir, Member Facilitation and Taxpayer Education Wing Nadeem Dar and Chief Inland Revenue Policy Vishnu Raja Qavi. The three senior FBR officials would stay in Karachi until the weekend and hold meetings with the traders and representatives of business community and explain to them the benefits and advantages of the recently launched Voluntary Tax Compliance Scheme which allows the traders a broad range of incentives to become part of the tax net. 

The sending of a high-level FBR team to the metropolitan city of Karachi comes following Haroon Akhtar Khan's instructions to the officers and staff of FBR to make all-out efforts to make the scheme successful as the scheme offers a "rare and golden opportunity to the traders to become part of the tax net and do their business with ease and comfort and without any fear of being audited for the next four years". 

It may be added that FBR has set up a control room-cum-operational room in the FBR Headquarters to coordinate activities in FBR's field formations across Pakistan to facilitate and educate the traders about the Voluntary Tax Compliance Scheme which has been launched after approval of the Parliament. 

The Control Room fitted with communication and connectivity gadgets, was made operational yesterday. A dedicated team of FBR officials has also been deputed at the Control Room to coordinate efforts for facilitating and educating the traders and motivating them to make full use of the Voluntary Tax Compliance Scheme.  

Meanwhile, all Regional Tax Offices have already been instructed not to issue any notice to a person who becomes part of this scheme, without the approval of FBR Headquarters. To make the scheme successful and to facilitate the traders community, focal persons and sub-focal persons have also been appointed in all Regional Tax Offices (RTOs) while informative & explanatory material about the scheme has also been made ready

 
Hamid Raza Khan
Secretary (PR-FATE)

Feb 03, 2016 RTO Rawalpindi forms 14 teams to apprise traders of Voluntary Tax Compliance Scheme

Hamid Raza Khan
Secretary (PR-FATE)

Feb 02, 2016 FBR in full gear to make Voluntary Tax Compliance Scheme a success

Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan on Tuesday inaugurated a control room-cum-operational room in the FBR Headquarters to coordinate activities in FBR's field formations across Pakistan to facilitate and educate the traders about the Voluntary Tax Compliance Scheme which has been launched after approval of the Parliament. 

Member Operations FBR Dr. Muhammad Irshad and other senior officials of FBR were also present.  The Special Assistant to the PM cut the ribbon to make the control room fitted with communication and connectivity gadgets, operational. Later, he was briefed by Member Operations FBR, Dr. Muhammad Irshad on various monitoring and control mechanisms put in place to coordinate efforts for facilitating and educating the traders and motivating them to make full use of the Voluntary Tax Compliance Scheme. 

The SA to PM was told that all Chief Commissioners of Regional Tax Offices had already been instructed not to issue any notice to a person who becomes part of this scheme, without the approval of FBR Headquarters. To make the scheme successful and to facilitate the traders community, focal persons and sub-focal persons had also been appointed in all Regional Tax Offices (RTOs) while informative & explanatory material about the scheme had also been made ready. 

Addressing the officers on the occasion, Haroon Akhtar Khan, Special Assistant to the Prime Minister on Revenue, exhorted the officers and staff of FBR to make all-out efforts to make the scheme successful. He said the scheme offered a rare and golden opportunity to the traders to become part of the tax net and do their business with ease and comfort and without any fear of being audited for the next four years. 

Mr. Haroon Akhtar Khan instructed the staff at the Control Room to keep close liaison with the field formations and work diligently to address any issue hampering a smooth implementation of the scheme. He expected a large number of traders of the country to be benefiting from the scheme because of the incentives and advantages it offered them  for documenting their businesses. 

The Special Assistant to the PM on Revenue also asked the Operations Wing to instruct all Regional Tax Offices and field formations to hold regular meeting with the representatives of All Pakistan Anjuman-e-Tajraan and the local Tax Bar Associations. "Such meetings should be held within the next two days so that an atmosphere of mutual trust and confidence can be built early on to make the scheme successful," he said, similar meetings with local media-persons should also be arranged to create a feel-good factor and apprise them of the salient features of the scheme. 

Meanwhile, Member Inland Revenue Policy Mr. Rehmatullah Wazir and Member Facilitation and Tax Education Wing Mr. Nadeen Dar visited Rawalpindi Chamber of Commerce and Industry today to explain to traders salient features of the Voluntary Tax Compliance Scheme. On arrival at the chamber, they were welcomed by Mian Humayun Parvez, President of Rawalpindi Chamber of Commerce and Industry and others. In their interaction with traders and members of the Chamber, the Members explained to them the benefits of becoming part of the scheme and urged them to take full advantage of this opportunity to become part of the tax system and do their business with ease and comfort.


Hamid Raza Khan
Secretary (PR-FATE)

Feb 01, 2016 FBR collects Rs 209 billion to surpass Rs 205 billion target for January

During January, 2016, according to the provisional figures received so far, FBR has made a net collection of around Rs. 209 billion as against Rs. 171 billion collected during January, 2015 showing an increase of 22%. The target for the month was fixed at Rs. 205 billion which has also been achieved. The figure is expected to rise further. The net collection for the current seven months stood at 1594 billion showing an increase of over 19% from the corresponding period of the previous year. The target for the current month has therefore been surpassed by around 4 billion. The revenue collection trend during the first seven months of the financial year augurs well for the efforts of FBR towards achievement of the annual assigned revenue targets.

From July to December, 2015, FBR made a net collection of Rs. 1385 billion as against target of more than Rs. 1390 billion thus falling short by Rs 5 billion. During the current month, not only the assigned target of Rs 205 billion  was achieved, Rs 4 billion was also recouped in respect of the shortfall of the previous six months and thus the target for the first seven months has almost been achieved. FBR was able to achieve the said target despite the challenges of reduced oil prices, drop in commodity prices and low inflation. 

 
Hamid Raza Khan
Secretary (PR-FATE)

Jan 06, 2016 Last date to file tax returns by companies extended to 21st

The last date for filing of returns by companies whose tax year ends on any date between 1st January 2015 to 30th June 2015 has been extended to 21st January 2016.

Dr. Muhammad Iqbal
Member (SPR&S) Official Spokesperson FBR

Jan 04, 2016 FBR bids farewell to outgoing Members

A meeting of the Board-in-Council was held here at FBR House, Islamabad. The meeting was chaired by Mr. Nisar Muhammad Khan, Chairman, FBR and attended by Members of the Board. In line with the tradition in FBR, the following officers recently retired in BS-21 (in FBR HQ), were invited to this meeting to pay homage and to bid farewell to them by the Board-in-Council:-

1. Syed. Ejaz Hussain, Member TPA (IRS/BS-21)
2. Mr. Ahmad Dildar (PCS/BS-21)

The above officers, who were invited to the meeting on special invitation, shared their views and work experiences during their careers in and outside FBR, Members of FBR, in their individual remarks, hailed the services rendered by the retired officers and also shared their reminiscences of some pleasant memories while working together with the honorably retired officers.

The Chairman, FBR in his concluding remarks appreciated the services of the above officers and their hard work and commitment to the organization. The Chairman, FBR and all the Members highlighted the moral values practised by outgoing officers and unanimously praised the high level of integrity and honesty exhibited by them during their entire career.  The Chairman emphasized that the retired officers with their enriched experience behind them must continue contributing to the society. He wished them all healthy and prosperous life in future.
At the end, the Chairman, FBR presented souvenirs and flower bouquets to the above outgoing offices of FBR

Hamid Raza Khan
Secretary (PR), FATE Wing

Jan 01, 2016 Government unveils Voluntary Tax Compliance Scheme to be implemented after Parliament's approval

The Government has announced Voluntary Tax Compliance Scheme (VTCS) which has been laid in the Parliament to get a broad-based political support ahead of its implementation to facilitate the traders and business community and promote a culture of tax compliance in the country.
The Scheme was announced in the presence of a large gathering including traders, businessmen and representatives of chambers & trade bodies assembled at the Prime Minister's Secretariat where Prime Minister Muhammad Nawaz Sharif was the chief guest. Finance Minister Senator Muhammad Ishaq Dar, Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan, Chairman FBR Nisar Muhammad Khan, Chairmen of three committees set up by government to resolve the traders taxation issues and Members of FBR Board were also present.
Prime Minister Muhammad Nawaz Sharif and Finance Minister Senator Muhammad Ishaq Dar congratulated parliamentarians, FBR team and  leadership of traders for holding marathon sessions over last 5-1/2 months and coming up with recommendations that formed the core of VTCS. They believed the scheme would act as a catalyst in promoting a culture of tax compliance, broadening the tax net and encouraging the traders and business community to declare their income and pay their taxes free of any duress and pressure from any side.
Earlier, Chairman FBR Nisar Muhammad Khan presented salient features of the Voluntary Tax Compliance Scheme.  The scheme is applicable to both non-filers and filers. The Chairman said the scheme had been prepared after many detailed discussions and deliberations spread over multiple rounds with representatives of chambers and trade bodies across the country.
Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan described the VTCS as a historic achievement given the distance both government and traders had to cover to make it a success by arriving at a point of consensus on issues facing the business community. He paid glowing tributes to the political wisdom and sagacity of Prime Minister Muhammad Nawaz Sharif and Finance Minister Senator Muhammad Ishaq Dar whose policies had brought about an economic turnaround and played their part in winning the confidence and trust of business community

Hamid Raza Khan
Secretary (PR) FATE Wing