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Pakistan Published 19 Dec, 2024 09:50am

FBR to share tax return data with banks under new law

FBR can share income, turnover, bank account numbers, wealth and financial statements

Business & Economy Published 17 Dec, 2024 09:23am

Significant drop in women tax filers in Pakistan, reports FBR

The count of active women taxpayers decreased from 138,841 in 2023 to 100,247 in 2024

Business & Economy Updated 15 Dec, 2024 12:31am

Faceless customs assessment system comes into effect in Karachi after midnight

It will be implemented from December 15

Business & Economy Published 10 Dec, 2024 02:11pm

FBR takes U-turn on ban on bringing two mobile phones, more than $1,200 into Pakistan

FBR's chairman has asked for restrictions to be withdrawn

Business & Economy Published 10 Dec, 2024 09:26am

How do new FBR baggage rules affect mobile phones?

Measures aims to discourage the use of the baggage facility for smuggling purposes

Business & Economy Published 09 Dec, 2024 07:43pm

FBR to ban bringing commercial quantities of goods from abroad

Will individuals be allowed to bring mobile phones?

Business & Economy Published 06 Dec, 2024 07:30pm

FBR imposes withholding tax on wedding events

A percentage of withholding tax will also be charged on the booking of any event

Pakistan Published 02 Dec, 2024 10:58am

FBR announces immediate transfer of 60 Inland Revenue officials

This reshuffle affects officials in major cities across the country

Pakistan Published 02 Dec, 2024 08:58am

FBR introduces new tax restriction for overseas Pakistanis

FBR replaced the non-resident category on its portal with a category for late filers

Pakistan Published 22 Nov, 2024 11:29am

FBR seals five restaurants in Islamabad for issuing fake invoices

FBR launches the Point of Sales Prize Scheme

Business & Economy Published 21 Nov, 2024 09:15am

FBR launches action plan against unregistered wealthy individuals

Notices will be sent to 5,000 identified non-filers

Business & Economy Published 19 Nov, 2024 05:41pm

AGPR overhauls tax adjustment system for salaried workers, pensioners

Move is designed to eliminate the cumbersome refund processes that have long plagued taxpayers

Business & Economy Published 18 Nov, 2024 08:55am

Non-payment of sales tax refunds impacts seasonal fruit exports

FBR instructs to resolve the issues on their first priority

Business & Economy Published 14 Nov, 2024 09:10am

FBR launches new payment creation system to simplify tax payments in Pakistan

This system represents a significant improvement in revenue management

▶️ Business & Economy Updated 11 Nov, 2024 10:57pm

PSX’s benchmark index settles at 93,291.68 points

KSE-100 index surpasses 94,000 points in intraday

Business & Economy Published 04 Nov, 2024 12:50pm

FBR raises sales tax on local and imported tea

Sales tax on tea will rise from the current rate of 17% to 18%

Business & Economy Published 04 Nov, 2024 09:06am

FBR decides to to take tough new measures to boost tax collection

FBR revises its economic assumptions related to GDP growth

Business & Economy Published 02 Nov, 2024 06:22pm

Risk of Rs500b mini-budget looms as govt fails to meet IMF demands

Sources say Pakistan will have to present two to three mini-budgets

Pakistan Published 01 Nov, 2024 10:15am

FBR announces new property valuation rates for Karachi

Decision follows a broader initiative by the FBR

Business & Economy Published 30 Oct, 2024 07:15pm

FBR revises property rates: Here is how to check value of your land

Property rates have been revised in 45 cities

Business & Economy Published 29 Oct, 2024 11:21am

FBR fines company over Rs15 million for tax fraud

Investigations uncovers a network of blacklisted firms engaged in deceptive transactions

Business & Economy Published 28 Oct, 2024 06:19pm

FBR seals two Islamabad restaurants for issuing fake receipts

Each restaurant was fined Rs500,000 for their infractions

Business & Economy Published 28 Oct, 2024 01:19pm

FBR reports significant increase in tax returns for 2024

FBR discloses out the total returns submitted for the last fiscal year

Pakistan Published 28 Oct, 2024 09:06am

Two restaurants shut down in Islamabad for tax fraud

FBR initiates a Point of Sale Reward Scheme

Business & Economy Published 24 Oct, 2024 03:57pm

FBR to release new property rates for 54 cities

Reassessment of property prices has been completed

Business & Economy Published 24 Oct, 2024 03:56pm

FBR announces 4% sales tax hike on tractors

The tax rate has decreased from 18% to 14%

Business & Economy Published 24 Oct, 2024 12:14pm

FBR abolishes customs intelligence department due to performance issues

FBR issues notification revoking the authority of CI officers to stop or release consignments

Business & Economy Updated 22 Oct, 2024 06:38pm

FBR makes major announcement for late filers

They will be included in the ATL after paying surcharge

Business & Economy Published 21 Oct, 2024 10:10am

FBR planning new measures for late-filer, non-filer categories in new tax law

The proposed law will introduce penalties for non-compliant taxpayers

Business & Economy Published 20 Oct, 2024 02:03pm

FBR registers 160 new retailers in POS system, total reaches 9,290

Approximately 64,000 traders are registered under Tajir Dost Scheme