FBR Introduces E-Scrutiny System for Sales Tax Returns Through IRIS
The FBR has introduced an electronic scrutiny mechanism for sales tax returns, allowing its computerised system to identify discrepancies and issue online advice or advance intimations through IRIS before legal or penal proceedings.
FBR Appointed as Collection Agent for Petroleum Development and Climate Support Levies
The Federal Board of Revenue initiates new Sales Tax Rules to manage Petroleum Development Levy and Climate Support Levy collection via a standardized invoice system.