Federal Board of Revenue-Press Releases

(FATE Wing-FBR)

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Federal Board of Revenue (FBR) has extended the last date for filing of returns of income/statements for the year 2010 up to September 30, 2010, says an official statement issued Tuesday.
According to a notification issued on 31st August 2010 - previously the last date for submission of IT returns, FBR has extended until September 30, 2010 the deadlines for filing of annual statement of deduction of income tax from salary to be filed by the employer of an organisation as well as the returns of income required to be filed through e-portal for salaried individuals and statement required under section 115(4) of the Income Tax Ordinance, 2001. The decision to extend the deadline has been taken to facilitate the taxpayers in view of the floods situation in the country.

Hamid Raza Wattoo
Secretary PR
Ph: 051-920 8407
Fax: 051-920 8407

Federal Board of Revenue FBR has decided to extend the date for the payment of taxes/duty for the tax period July, 2010, and filing of Sales Tax/Federal Excise Duty returns, up to 25th August 2010 in view of the flood situation, says an official statement released here Friday.
The decision to extend the date for payment of taxes and filing of ST/FED returns has been taken by the Board in exercise of power conferred under section 74 of Sales Tax Act 1990, and section 43 of the Federal Excise Act 2005.

Hamid Raza Wattoo
Secretary PR
Ph: 051-920 8407
Fax: 051-920 8407

Federal Board of Revenue FBR has decided to keep open all the Model Customs Collectorates on 26th and 27th of June, 2010, says an official statement released here Friday.
The decision to keep the MCCs open on the weekly holidays has been taken to gear up the revenue efforts and facilitate the trade activity. All the Collectors have been directed to contact concerned bank branches to remain open on 26th and 27th to facilitate taxpayers.

Hamid Raza Wattoo
Secretary PR
Ph: 051-920 8407
Fax: 051-920 8407

FBR launches drive to inform taxpayers of discrepancy in returns

Federal Board of Revenue FBR has launched a campaign to intimate the taxpayers electronically regarding the discrepancies found in their declarations and non-filing of tax returns and statements.

According to a press statement released to the media on Monday, the FBR has taken the step to facilitate the taxpayers and help them ensure a voluntary compliance before initiation of some legal action against them. The response to these e-intimations launched recently has been quite encouraging and FBR hopes the exercise would lead further to a voluntary compliance in this regard.

The FBR has further added that during the process of testing the e-Notification module to be used for issuing legal notices electronically, some of the taxpayers of LTU Islamabad were issued e-notices inadvertently for the tax year 2010 and those have been withdrawn. Inconvenience caused due to these e-notices is regretted.

Upon receipt of credible information by Mrs. Sarwat Tahira Habib, Collector, Model Customs Collectorate, Islamabad to the effect that some smugglers would make attempt to smuggle huge quantity of Heroin Powder duly concealed in flour kneading machines to UK through BBI Airport, Islamabad. Mr. Muhammad Akram Choudhary, Additional Collector, MCC, Islamabad constituted a team comprising of the Customs Preventive staff headed by Mr. Jehan Bahadar, Deputy Collector (Preventive), Islamabad. The team so constituted carried out a raid at premises near AFU Unit, Islamabad and took into custody 49 flour kneading machines. The machines, when opened, led to the recovery of Heroin Powder of fine quality weighing 10.5 Kgs, which was artfully concealed in the inner most cavities (rotators) of the machines. The approximate value of the recovered Heroin Powder in the International Market is Rupees 60 million. Further investigations in the case are under process. Member (Customs) Mr. Munir Qureshi has appreciated the officers and staff of the MCC, Islamabad on biggest seizure by Customs during the current year in Rawalpindi / Islamabad station and stressed the need for continuous vigil on narcotics smuggling attempts in future.