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The Federal Board of Revenue (FBR) (Urdu: وفاقی بورڈ محصولات), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax. FBR operates through Inspectors-IR that keep tax ...
The Inland Revenue Service (IRS) is a department of the Federal Board of Revenue (FBR) in Pakistan. It was established in 2009 and holds the responsibility for overseeing various aspects of domestic taxation, encompassing Sales Tax, Income Tax, and Federal Excise Duty. [1] [2]
The Excise, Taxation & Narcotics Control Department is a department of Government of Punjab, Pakistan. The Excise, Taxation & Narcotics Control Department collects various taxes and duties and suggests ways and means for additional resource mobilization in the Province. [1] Various type of taxes department collects include: [2] Motor Vehicle Tax
Pakistan’s Federal taxation was originally organised along the lines of Indirect & Direct taxes, resulting in two occupational groups viz. Customs & Excise Group, and Income Tax Group. However, in 2010 the groups were reorganised along the lines of Domestic Duty & Taxes and International Duties & Taxes, which resulted in formation of Pakistan ...
Below is a summary of the applicable sales tax rates in Pakistan: [7] Sales tax on goods: 18%; Sindh Sales tax on services: 15%; Punjab Sales tax on services: 16% [8] Balochistan Sales tax on services: 15%; Khyber Pakhtunkhwa (KPK) Sales tax on services: 15%; Islamabad Capital Territory (Tax on Services): 15% [9]
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The Federal Tax Ombudsman Ordinance of 2000 [1] and the Federal Ombudsman Institutional Reforms (FOIR) Act of 2013 [2] confer powers, including administrative and financial autonomy. This aligns with the separation of Pakistan's judiciary and executive branches in accordance with the Constitution.
The Pakistan Single Window (PSW) stands as a prominent undertaking spearheaded by Pakistan Customs.Its overarching objective is to diminish the time and expenses associated with conducting business by transitioning Pakistan's cross-border trade into a digital realm, thereby eliminating the need for paper-based manual procedures.