Tag: FBR

FBR Automated System Fails : WEBOC performs Worse than PaCCS

FBR Automated System Fails : WEBOC performs Worse than PaCCS

The new launched automated system, named Web Based One Customs (WEBOC) by FBR  at Port Qasim has been met with failure. This automated system was launched so that the port consignments could be cleared automatically but even after 2 weeks around 450 applications are still pending. WEBOC was also launched last year at Pakistan Customs but had […]

July 25, 2011 | By | 4 Replies More
19.5% GST on All Telecom Services From 1st August : Centres, Provinces

19.5% GST on All Telecom Services From 1st August : Centres, Provinces

In a meeting held in the finance ministry it was decided that GST of 19.5% will be applied on all telecom services from 1st august. All finance secretaries and FBR chairman Salman Sadiq were present in the meeting and chaired by federal finance secretary Dr Waqar Masood.

July 5, 2011 | By | 1 Reply More
FBR Will Monitor The Collection Of WHT From Telecom Sector

FBR Will Monitor The Collection Of WHT From Telecom Sector

Federal board of revenue is an autonomous body that collects taxes from various organizations and sectors of country. It is the duty of FBR to monitor the accurate tax collection and if some organization is showing delay or the total tax revenues are less than expected; then it is the duty of FBR to take certain initiatives against it.

June 17, 2011 | By | 1 Reply More
FBR Should Allocate Budget to Purchase PaCCS

FBR Should Allocate Budget to Purchase PaCCS

Ministry of Finance and Federal Board of Revenue (FBR) are busy in allocating budgets for different sectors including defense, health and education. The Federal Board of Revenue is also allocating budget to bring reform in taxation system. The President of PaCCS User Club (PUC) Rizwan Khadim Rathore along with club members urged FBR to allocate budget for the purchase of Pakistan Automated Customs Computerized System (PaCCS) to finalize the deal as soon as possible. It is worth mentioning here that FBR all set to hire officials of high competency and good character to run PaCCS.

May 25, 2011 | By | Reply More
FBR Prioritize PaCCS, Recommends Rathore

FBR Prioritize PaCCS, Recommends Rathore

The Federal Board of Revenue (FBR) has started consulting stake holders in preparation of new budget. The Ministry of Finance has plans to present this fiscal year’s Federal Budget 2011-12 in the parliament on May 28.

May 8, 2011 | By | Reply More
FBR Enter Into a Unique Sale/Purchase Agreement With Agility

FBR Enter Into a Unique Sale/Purchase Agreement With Agility

The FBR spokesperson Riffat Shaheen Qazi (Ms) has informed that FBR likely to own Pakistan Automated Customs Computerized System (PaCCS). The negotiations between both the parties are in process for this purpose. But she was unaware about the technical experts invited by FBR to determine the value of system. Agility has also shown an intention to sell this automated software to FBR for a decided amount.

April 27, 2011 | By | 1 Reply More
No liability to Own PaCCS Right-away: FBR

No liability to Own PaCCS Right-away: FBR

The Federal Board of Revenue (FBR) has again ruined the commitment with Agility that FBR will purchase PaCCS system to continue it. The other day, FBR has written a letter to Agility that PaCCS was launched as a pilot project in the country so FBR has no liability to own this system right-away.

March 22, 2011 | By | 1 Reply More

Streamlining of electronic filing of IT returns ordered

The Chairman Federal Board of Revenue (FBR) Sohail Ahmad has ordered several measures to streamline electronic filing of income tax returns and withholding tax statements by the taxpayers.

According to a press statement issued here on Monday that the measures have been taken to promote voluntary compliance as well as to facilitate associations of persons (AOPs).

The measures include setting up of workstations at offices of Large Taxpayers Units (LTUs), Regional Tax Offices (RTOs) Tax Facilitation Centers (TFCs) as well as organization of workshops on e-filing processes and extension in duration of helpline hours, it added.

August 10, 2009 | By | Reply More