FEDERAL TAXES IN PAKISTAN

Federal Taxes in Pakistan

There are many types of taxes are conducting in Pakistan but the most important are as under: FBR deals with collection of federal taxes and tax policies 

In the existing setup, the Chairman, FBR, being the executive head of the Board as well as Secretary of the Revenue Division has the responsibility for

(i) Formulation and administration of fiscal policies,

(ii) Levy and collection of federal taxes and

(iii) Quasi-judicial function of hearing of appeals.

His responsibilities also involve interaction with the offices of the President, the Prime Minister, all economic Ministries as well as trade and industry.

1-INCOME TAX

2-SALES TAX

3-EXCISE DUTY

4-CUSTOM DUTY