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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 tax structure is progressive, aiming to fairly distribute the tax burden across different income groups. Currently, the Corporate Income tax rate is 29% for tax year 2019 and onwards whereas the corporate tax rate is 35% for Banking Industry for TY 2019. Income Tax on Export of Services, in Pakistan is 1%. However, export of IT services is ...
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 Pakistan Citizen's Portal launched its web-based services and helpline on 28 September 2020. [6] [7] In October 2020, manual complaint lodging facility was provided at the dashboards of government offices for illiterate and physically challenged people. [8]
National Database and Registration Authority (NADRA) was established on 10 March 2000, by merging Directorate General of Registration Pakistan, a department created under the 1973 Constitution, with the National Database Organisation (NDO), [7] [4] an attached department under the Ministry of Interior, Government of Pakistan created for the ...
Federal Tax Ombudsman (Pakistan) وفاقی ٹیکس محتسب پاکستان Department overview; Formed: 2000 () Type: Tax Ombudsman: Headquarters: Federal Tax Ombudsman Secretariat 5A, Constitution Avenue, Islamabad, Capital Territory, Pakistan. 44000: Department executives
Self-enumeration Portal (SEP) is a nation-wide digital census's data collection process and management platform initially launched by the Government of Pakistan.Self-enumeration Portal is the first digital initiative taken by the Pakistan Bureau of Statistics (PBS) to make it possible for Pakistani residents to take part in the digital census from the convenience of their own homes.
Taxation, which includes income tax, sales tax, and customs duties, constitutes a substantial portion of revenues, bolstering both federal and provincial government finances. Non-tax revenue sources, such as mark-up from state enterprises, surplus profits from the State Bank of Pakistan , and royalties on oil and gas, further contribute ...