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FBR Revises Functions and Powers of Members

The Federal Board of Revenue (FBR) has revised the powers and functions of FBR Members including additional powers to the FBR Member Inland Revenue ....

Board In Council , Member Information Technology , Federal Board , Inland Revenue , Information Technology , Inland Revenue Policy , Inland Revenue Operations , Taxpayers Audit , Taxpayer Education , Human Resource Management , Sales Tax Act , Income Tax Ordinance , Revenue Act , Federal Excise Act , First Schedule , Second Schedule , Customs Act , Sales Tax , Federal Excise , Income Tax Rules , Federal Excise Rules , Sales Tax Rules , பலகை இல் சபை , உறுப்பினர் தகவல் தொழில்நுட்பம் , கூட்டாட்சியின் பலகை , உள்நாட்டு வருவாய் ,

FBR's Online Notices Are Now Legally Valid in Courts

The Federal Board of Revenue (FBR) has withdrawn a tax policy clarification of 2018 in which an electronic mode of serving notice to the taxpayers may be ....

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Mandatory Online Filing of Tax Appeals Challenged in Islamabad High Court

Mandatory Online Filing of Tax Appeals Challenged in Islamabad High Court
A single bench of Islamabad High Court (IHC) comprising Justice Aamer Farooq has accepted the petition challenging the decision of FBR regarding the introduction of mandatory online filing of tax appeals and summoned the respondents to clarify their position.
The FBR through SRO Notification No. 1315(I)/2020 amended the Income Tax Rules and introduced online filing of an appeal before the Commissioner (Appeals) from the 1st day of January 2021 which resulted in panic among some of the taxpayers.
After the orders, a local company challenged the decision through Syed Muhammad Abbas Bukhari and termed the decision illegal, illogical, and a violation of the rights of the taxpayers. ....

Syed Muhammad Abbas Bukhari , Justice Aamer Farooq , Islamabad High Court , Income Tax Rules , Muhammad Abbas Bukhari , சையத் முஹம்மது அப்பாஸ் புகாரி , நீதி ஆமேர் ஃபெரூக் , இஸ்லாமாபாத் உயர் நீதிமன்றம் , வருமானம் வரி விதிகள் , முஹம்மது அப்பாஸ் புகாரி ,

Plantation sector seeks higher allocation and loan rejig - The Hindu BusinessLine

Plantation sector seeks higher allocation and loan rejig
January 21, 2021
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Reeling under the impact of changing weather pattern and volatile price trend, the plantation sector in South has sought higher allocation of funds for the Commodity Boards in the Budget 2021-22 for clearing the growers’ dues.
Besides, the labour-intensive sector has also sought a financial package for restructuring of loans for the coffee sector and urged the government to declare minimum support price for the plantation produce among others sops in the Budget.
Prashant Bhansali, President, United Planters Association of South India (Upasi), said the reduction in the budgetary allocation in recent years has affected the plantation sector as the Boards were not in a position to disburse the dues to the growers under various development schemes. ....

Jeffry Rebello , Prashant Bhansali , Karnataka Planter Association , United Planters Association Of South India Upasi , Ms Swaminathan Committee , Upasi Coffee Committee , Commodity Boards , United Planters Association , South India , Orthodox Production Subsidy Scheme , Income Tax Act , Tea Board , State Level Bankers Committees , Southern States , Upasi Coffee , Income Tax Rules , Plantation Sector , Budget 2020 21 , Higher Allocation , Loan Restructuring , Welfare Schemes , ஜெஃப்ரி ரேபிெல்லோ , பிரஷண்ட் பன்சாலி , கர்நாடகா தோட்டக்காரர் சங்கம் , செல்வி சுவாமிநாதன் குழு , பண்டம் பலகைகள் ,

Budget 2021: Here's what the Indian startup ecosystem is hoping for

Budget 2021: Here s what the Indian startup ecosystem is hoping for
Ahead of this year’s Union Budget on February 1, here’s what business leaders, entrepreneurs, investors, and other stakeholders from the Indian startup ecosystem expect from the Indian government.
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2020 was a year full of challenges for livelihoods and the overall economy of the country, sparked by the COVID-19 pandemic. According to the
National Statistical Office (NSO), India s GDP is estimated to contract by a record 7.7 percent during 2020-21 fiscal as the pandemic severely hit key manufacturing and services segments.
The Union Ministry of Finance is all set to roll out additional measures to revive the slowing economy, post the Rs 20 lakh crore COVID-19 relief package announced in May 2020. ....

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