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SRO.351(I)/2014 Considerably enhance the powers of the agency to operate like a Regional Tax Office (RTO)

SRO Number:                 351(I)/2014 SRO Date:                       May 07, 2014 SRO Relates To:            SROs>> Income Tax SRO Title:                       S.R.O 351(I)/2014 Brief Description:         This is considerably enhance the powers of the agency to operate like a Regional Tax Office (RTO) .Through SRO.351(I)/2014, the Directorate General (Intelligence & Investigation), IR has become a parallel assessment organisation […]

News Others May 9, 2014

Tax recovery, registration: DGI&I IR empowered to carry out assessment, audit

Date: May 09, 2014 The Federal Board of Revenue has empowered the Directorate General (Intelligence & Investigation), Inland Revenue (IR) to enforce filing of income tax returns, wealth statements and compulsory registration of new taxpayers, authorising the directorate to carry out assessment/provisional assessment and audit of the registered persons for recovery of taxes. The FBR […]

News Others April 14, 2014

Import of 993 items from Sri Lanka: FBR announces tariff concessions

Date: April 12, 2014 The Federal Board of Revenue (FBR) announces tariff concessions on the import of 993 items from Sri Lanka under Free Trade Agreement (FTA). In this regard, the FBR superseded SRO 570(I)/2005 dated June 6, 2005, through SRO 280(I)/2014 issued here on Friday. According to the notification, the Federal Government exempts import […]