Inland Revenue


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Inland Revenue

(in Britain and New Zealand) a government board that administers and collects major direct taxes, such as income tax, corporation tax, and capital gains tax
References in periodicals archive ?
Earlier on June 26, the High Court had issued an interim order directing the Bharatpur Inland Revenue Office not to implement its decision to determine the tax liability of the brewery, according to The Kathmandu Post.
'All concerned can now declare their hidden assets by August 20, 2019 to the AJK Inland Revenue Department by availing the opportunity of extension of the last date' Commissioner Inland Revenue Department Sardar Zaffar Mahmood Khan told here on Monday.
He pleaded that it was up to the provincial social welfare department to work towards the welfare of the public and that the Inland Revenue department had no authority to impose and recover a tax in the name of social protection after the 18th Amendment.
Inland Revenue says the interest rate charged on overdue tax will rise from 8.22 per cent to 8.35 per cent.
When contacted, Assistant Commissioner and Staff Officer to Head of AJK Inland Revenue Department at Mirpur Talat Mirza told The Nation that beneficiaries of the scheme would be eligible to enjoy minor-rated tax without any fine, surcharge and further questioning.
Assistant Commissioner and Staff Officer of the Head office of AJK Inland Revenue Department at Mirpur Talat Mirza, when contacted, told APP here on Friday that the beneficiaries of the above scheme would be eligible to enjoy minor-rated tax without any fine, surcharge and further questioning.
A team of the AJK Inland Revenue Department headed by Assistant Commissioner Inland Revenue Department Mirpur Circle Muhammad Tanveer Khalid took the action on the special directives of Sardar Zaffar Mahmood Khan, Commissioner Inland Revenue Department AJK seizing the bank account of the NSC, Mirpur, according to a press release issued to the media by AJK Inland Revenue Department Mirpur here late Tuesday.
Inland Revenue Department meanwhile, recovered Rs9 million amount from the National Saving Center Mirpur and deposited in the national exchequer.
A report in a leading English daily newspaper states that 14 BS 22 and 21officials from the Custom and Inland Revenue Service Group met the Advisor to the Prime Minister on Establishment and expressed reservations about the decision of appointing new chairman from the private sector.
Other cases include; Bauchi Investment Corporation, Micro Finance Bank Limited vs Federal Inland Revenue Service, FIRS vs Bauchi Investment Corporation, FIRS VS Felix Furniture Limited and Federal Inland Revenue Service VS Yankari Resort and Safari.
The I and I Inland Revenue director general has been authorised to 'carry out intelligence activities and intelligence gathering oral tax related issuing including under reporting, tax evasion, tax fraud and revenue leakages,' said the FBR notification.
New Inland Revenue Act, which is aimed at simplifying the taxes and ease the burden on the low-income people, will came into effect from Sunday (April 1).
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