FBR Sets Up Classification Centre to Resolve All Customs Disputes
The Federal Board of Revenue (FBR) has taken a significant step towards streamlining the customs classification process by establishing a…
Tag: FBR
Pakistan Averts Mini-Budget as IMF Talks Conclude on Positive
Pakistan has successfully concluded negotiations with the International Monetary Fund (IMF), securing the release of a $1 billion tranche under…
Pakistan Customs Foils Attempt to Manipulate FCAS
Pakistan Customs has successfully thwarted an attempt to manipulate the newly launched Faceless Customs Assessment System (FCAS), ensuring the integrity…
Tax Lawyers Accuse RTO Sahiwal of Allegations Against FBR
Tax advisers have formally approached the Chairman of the Federal Board of Revenue (FBR) to address allegations of harassment by…
PM Shehbaz Sharif Accountability and Efficiency in FBR Tax Cases
The government has intensified its efforts to enhance the efficiency and integrity of the Federal Board of Revenue (FBR) by…
Impact of Inflation, Currency, and Oil Prices on Global Markets
The Pakistani rupee closed at 278.86 on Wednesday, experiencing a slight depreciation of Re0.09 against the US dollar, according to…
After VPNs, PTA Blames Telecom Infrastructure for Internet
The internet slowdown in Pakistan has become a hot topic among users and authorities alike. With the Pakistan Telecommunication Authority…
ISLAMABAD: The Secret Passport Scandal of Farah Gogi
A Deeper Look into the Hidden Wealth of Farhat Shehzadi In a dramatic turn of events, public investigators have uncovered…
Prime Minister Shehbaz Sharif Calls for Swift Resolution of Revenue Cases
Prime Minister Shehbaz Sharif has taken decisive action to expedite the resolution of pending revenue cases in courts, emphasizing that…
Pakistani Banks Dominate Stock Market with Record-High Returns
In the fourth quarter of 2023, Pakistani banks outperformed their Asia-Pacific counterparts, delivering some of the highest stock returns in…
Islamabad High Court Rules in Favor of PTA: FBR Ordered to Refund Rs. 1.37 Billion
Theislamabad high court (IHC) has delivered a landmark judgment in favor of the Pakistan Telecommunication Authority (PTA) in its case…
FBR Imposes Strict Ban on Bringing Commercial Quantities of Goods into Pakistan
In a significant move aimed at regulating the influx of goods from abroad, the Federal Board of Revenue (FBR) has…
Senate Rejects Proposed Tax on Affordable Mobile Phones in Pakistan
In a significant move, the Senate Standing Committee on Finance has rejected the proposal to impose an 18% sales tax…
The Federal Board of Revenue Extends Income Tax Return Filing Deadline for 2023-24
In a significant announcement, the Federal Board of Revenue (FBR) has officially extended the date for filing income tax returns…
Cash Withdrawal Tax Update: FBR Introduces Withholding Tax on Amounts Exceeding Rs. 50,000
Income Tax Ordinance, 2001 through the Finance Act 2023, specifically focusing on the reintroduction of tax collection on cash withdrawals…