{"id":56637,"date":"2019-10-22T16:50:21","date_gmt":"2019-10-22T11:50:21","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=56637"},"modified":"2019-10-22T16:50:21","modified_gmt":"2019-10-22T11:50:21","slug":"provinces-seek-representation-fbr-and-pral","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/provinces-seek-representation-fbr-and-pral.html","title":{"rendered":"Provinces seek representation in FBR and PRAL"},"content":{"rendered":"<p>Islamabad: The provinces have asked to be represented in the Federal Board of Revenue (FBR) Board-In-Council and Pakistan Revenue Automation Limited (PRAL), according to news sources.<\/p>\n<p>They have also requested that the previously-held joint meeting\u2019s agreement, to appoint the chairmen of the provincial revenue authorities as members of the PRAL\u2019s board and ex-officio members of the FBR Board-In-Council, be enforced as well. This request was sent in the form of a dispatch, which also included the provision for the introduction of a single portal for taxpayers.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/punjab-reports-44-growth-revenue-collection-during-q1.html\" target=\"_blank\" rel=\"noopener noreferrer\">Punjab reports 44% growth in revenue collection during Q1<\/a><\/p>\n<p>Please note that FBR and provincial revenue departments held a meeting to address the provinces\u2019 concerns over the memorandum of understanding (MoU) regarding the establishment of a single portal for filing tax returns and registration. The provincial authorities maintained that the minutes of the meeting they received, had no mention of this agreement.<\/p>\n<p>The sources report that a unified portal for filing returns is one of the primary conditions under the International Monetary Fund (IMF)\u2019s USD 6 billion loan to Pakistan. Such a platform also stands to improve the ease of doing business and boost the country\u2019s international financial ranking.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-launches-updated-version-of-tax-asaan-app.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR launches updated version of \u2018Tax Asaan\u2019 app<\/a><\/p>\n<p>At present, taxpayers have to file five different returns, as <a href=\"https:\/\/www.zameen.com\/news\/pra-pens-letter-fbr-regarding-tax-collection-restaurants.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR collects sales tax on goods and provincial revenue offices collect tax on services<\/a>. The FBR shares the tax collected with the provinces under the National Finance Commission formula. The portal will enable the tax filers to select their revenue board and file all their taxes through the same platform.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The provinces have asked to be represented in the Federal Board of Revenue (FBR) Board-In-Council and Pakistan Revenue Automation Limited (PRAL), according to news sources. They have also requested that the previously-held joint meeting\u2019s agreement, to appoint the chairmen of the provincial revenue authorities as members of the PRAL\u2019s board and ex-officio members of the FBR Board-In-Council, be enforced as well. This request was sent in the form of a dispatch, which also included the provision for the introduction of a single portal for taxpayers. Read:\u00a0Punjab reports 44% growth in revenue collection during Q1 Please note that FBR and provincial revenue departments held a meeting to address the provinces\u2019 concerns over the memorandum of understanding (MoU) regarding the establishment of a single portal for filing tax returns and registration. The provincial authorities maintained that the minutes of the meeting they received, had no mention of this agreement. The sources report that a unified portal for filing returns is one of the primary conditions under the International Monetary Fund (IMF)\u2019s USD 6 billion loan to Pakistan. Such a platform also stands to improve the ease of doing business and boost the country\u2019s international financial ranking. Read:\u00a0FBR launches updated version of&hellip;<\/p>\n","protected":false},"author":75,"featured_media":34938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[13546],"persona":[],"class_list":{"0":"post-56637","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-provinces-seek-representation-in-fbr-and-pral"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Provinces seek representation in FBR and PRAL - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The provinces have asked to be represented in the Federal Board of Revenue (FBR) Board-In-Council and Pakistan Revenue Automation Limited\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/provinces-seek-representation-fbr-and-pral.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Provinces seek representation in FBR and PRAL - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The provinces have asked to be represented in the Federal Board of Revenue (FBR) Board-In-Council and Pakistan Revenue Automation Limited\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/provinces-seek-representation-fbr-and-pral.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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