Tag: #TaxPayers
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FBR server disruption, difficulties for online tax filers
The online Federal Board of Revenue (FBR) server disruptions have caused severe problems for online tax return filers. Despite that, the FBR has refused to extend the submission deadline. FBR officials say the portal is under pressure due to the rush of submitters due to which online tax return submitters are facing difficulties. Note that…
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Three Years Jail Time on Sales Tax Registration Failure
A person who makes taxable supplies but fails to get sales tax registration shall be liable to pay fine and penalties besides the person is also liable to imprisonment up to three years.d Under Sales Tax Act, 1990, any person who is required to apply for registration under the Act fails to make an…
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FCDO to focus on delivering UK aid to prioritize overseas development spending
LONDON, Aug 29 (APP): Taxpayers will see more value from aid spending following reforms to the independent body that scrutinizes UK aid, the United Kingdom (UK) Foreign Secretary Dominic Raab announced on August 29. A UK statement of Foreign and Commonwealth Office (FCO) issued here today said, following the merger of the Foreign Office and…
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Victory on Income Tax Refunds: LCCI President appreciates govt for income tax refunds
Lahore, August 23 (online Int’l): President of the Lahore Chamber of Commerce and Industry (LCCI) Irfan Iqbal Sheikh has appreciated the government’s policy for payments of income tax refunds to the taxpayers. President Irfan Iqbal has also thanked the federal government for considering Lahore Chamber of Commerce and Industry’s efforts for the payment of refunds…
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Federal Board of Revenue Launches New Website
Islamabad (18th Oct, 2019): Federal Board of Revenue (FBR) launches new website to facilitate tax payers. According to reports, FBR launched a new website in Urdu to facilitate the public in paying their taxes. FBR Chairman, Shabbar Zaidi, who acted as the Chief Guest at the launching ceremony stated that the aim of website is…
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‘Accidental Americans’ file EU suit against France over US tax risk
Paris, Oct 3 (AFP/APP):A group representing French-American taxpayers said Thursday it had filed a suit against France with the European Commission, hoping to avoid strict US compliance rules that could see them blacklisted by French banks starting in January. The “Accidental Americans” association has been battling for years to be exempt from a US demand…