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IMF and FBR Consulting on Tax Exemptions and VAT

Committee tasked to simplify tax return forms - Newspaper

Federal Board of Revenue (FBR) Chairman Javed Ghani has constituted a committee for timely designing, finalisation and simplification of income tax return forms for individuals, association of persons and companies for the tax year 2021. AFP/File ISLAMABAD: Federal Board of Revenue (FBR) Chairman Javed Ghani has constituted a committee for timely designing, finalisation and simplification of income tax return forms for individuals, association of persons and companies for the tax year 2021. The decision to simplify the income tax return came six months before the filing of the tax return. Normally, the changes in the return form start in the month of August, which is the first month of filing of returns.

PAC told low-grade ghee being sold at Utility Stores

National December 31, 2020 ISLAMABAD: The Public Accounts Committee was told on Wednesday that sub-standard ghee was being sold at Utility Stores Corporation stores. A meeting of the Public Accounts Committee was held with Rana Tanveer Husain in the chair that examined audit paras relating to the Utility Stores Corporation and Federal Bureau of Revenue Chairman Javed Ghani gave a briefing to the committee on the Automation of the FBR. During the meeting, the Public Accounts Committee also sought a report on cases referred to the National Accountability Bureau by the committee. PAC Chairman Rana Tanveer Hussain was of the view the the NAB chairman should brief the committee on the progress on the cases sent by the PAC.

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