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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 Federal Board of Revenue (FBR) is the principal tax administration body in Pakistan. It is responsible for formulating, implementing, and enforcing tax laws. The FBR has faced criticism for its inefficiency and corruption, which has hindered tax collection efforts. The FBR operates under the Ministry of Finance and is tasked with:
In May 2022, the FBR (Federal Board of Revenue) executed the transfer and posting of 24 senior officers within the IRS. [6] Subsequently, in August 2022, 21 senior officials of the IRS were also transferred and posted, and among the changes was the appointment of Malik Amjad Zubair Tiwana as the new Member (IR Operations) of the FBR. [7]
The FBR or its lower offices against whom the order is passed by the FTO has only one appeal to the President of Pakistan, as against the opportunity of filing multiple appeals in the higher courts in formal judicial system. The Complainants do not fall prey to adjournments of hearings as the cases are decided promptly in a few hearings.
In 2021 the Federal Board of Revenue (FBR) has extended additional powers to the Directorate of Intelligence and Investigation (I&I) - Inland Revenue. This expansion involves broadening the functions, jurisdiction, and powers of the Director General of Intelligence and Investigation - Inland Revenue (DG I&I-IR) and the officers under its purview.
Federal Board of Revenue (FBR; Urdu: وفاقی آمدنی هيئت) — Peru: Superintendencia Nacional de Aduanas y de Administración Tributaria (Peru ) [sunat.gob.pe/] — Philippines: Bureau of Internal Revenue (BIR; Filipino: Kawanihan ng Rentas Internas) — Poland
Federal Board of Revenue, Pakistan; India. Central Board of Revenue Act, 1963; establishing under the Department of Revenue, Ministry of Finance (India): Central Board of Direct Taxes; Central Board of Indirect Taxes and Customs (formerly Central Board of Excise and Customs) Andhra Pradesh Revenue Tribunal; Gujarat Revenue Tribunal
He was removed from his post on 6 April 2020 and Nausheen Javed Amjad succeeded him as chairman FBR, Pakistan. In a 2023 interview on Geo News ' Aaj Shahzeb Khanzada Kay Sath program he alleged that "40 MNAs from the PTI, PPP and PML-N, led by the then foreign minister Shah Mahmood Qureshi , visited his office" and asked for him to withdraw a ...