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Must Read Published 11 Feb, 2025 09:05am

FBR to revamp Export Facilitation Scheme to curb revenue leakages

Report says FBR plans to issue a notification following the completion of legal requirements

Business & Economy Published 10 Feb, 2025 10:21am

Federal excise duty on property transfers expected to be repealed to support real estate sector

Govt is looking to lower transaction taxes on buying and selling of immovable properties

Business & Economy Published 06 Feb, 2025 03:05pm

Regulatory duty on raw iron, steel imports extended until March 31

FBR set 10% regulatory duty on raw iron in January

Business & Economy Published 01 Feb, 2025 07:21pm

FBR foils attempt to game Faceless Customs Assessment System

Those who attempted to game the FCAS have been taken to task, says board

Business & Economy Published 31 Jan, 2025 01:30pm

FBR stops procurement of over 1,010 vehicles

FBR chairman vows to conduct a high- level investigation

Business & Economy Updated 21 Jan, 2025 01:20pm

FBR presents comprehensive plan to IMF to tackle revenue shortfalls: sources

FBR targeting a tax collection of approximately Rs960 billion

Pakistan Published 15 Jan, 2025 11:12am

FBR reshuffles over 40 senior officers in major administrative changes

Reshuffle includes key positions across various departments

Business & Economy Published 08 Jan, 2025 01:07pm

Karachi tops as Pakistan’s leading tax contributor in FY24

Karachi's contributions exceeded those of other major cities

Business & Economy Published 07 Jan, 2025 08:58am

FBR seeks data from 17 foreign countries to fight tax evasion

FBR is ensuring that MNCs report financial activities across different jurisdictions

Business & Economy Updated 28 Dec, 2024 12:11am

PSX turns around to bullish trend, gains 927 points

External economic pressures remain

Business & Economy Published 27 Dec, 2024 09:40am

FBR announces tax exemption for overseas Pakistanis, even without ATL listing

FBR has implemented new digital verification system through its IRIS platform

▶️ Business & Economy Published 26 Dec, 2024 07:36pm

FBR focusing on ‘top 5% people’ for revenue collection, says chief Langrial

Cites notices were issued to 169,000 wealthy non-filers

Business & Economy Published 26 Dec, 2024 09:46am

FBR mandates online banking for property transactions amid rising taxes in Punjab

Failure to collect the penalties will hold the transferring attesting officers accountable

Business & Economy Published 22 Dec, 2024 09:24pm

Importers call on FBR to address port clearance backlog

Valimohammad warns prolonged backlogs could result in significant losses for importers

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%