FBR
IMF Rejects FBR’s Tax Relief Plans for Property, Tobacco, and Beverages
2 min read
ISLAMABAD: The International Monetary Fund (IMF) has denied the Federal Board of Revenue (FBR)’s request to lower taxes on property transactions, contradicting earlier government claims…
Sindh Govt Launches Blockchain-Based Digital Land Record System
3 min read
KARACHI: In a significant stride towards modernizing land management, the Sindh government has introduced a comprehensive digitalization initiative aimed at streamlining property transactions, ensuring secure…
Govt to Launch Digitized Tax Return Forms for Salaried Individuals
2 min read
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has announced that simplified tax return forms for salaried individuals will be introduced by September, ahead…
State Bank of Pakistan Keeps Policy Rate Unchanged at 12% Amid Economic Considerations
5 min read
Defying market expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has opted to maintain the policy rate at 12%, citing…
Govt Reassesses Export Facilitation Scheme, Targets $60 Billion in Exports
3 min read
Islamabad: The first meeting of the committee formed by the Prime Minister to review the Export Facilitation Scheme (EFS) was held under the chairmanship of…
FBR Proposes to Reduce Taxes on Real Estate, Beverages and Tobacco Amid Financial Challenges
3 min read
ISLAMABAD: To enhance sales volumes and revenue collection, the Federal Board of Revenue (FBR) has suggested lowering the Federal Excise Duty (FED) on beverages and…
FBR Updates Custom Values for Imported Smartphone LCD Screens
2 min read
KARACHI: The FBR Directorate General of Customs Valuation has announced new duty assessment for mobile phone LCD screens imported from China and Hong Kong. According…
Karachi Customs Updates Valuation for Mobile Phone LCD Screens
2 min read
KARACHI: Karachi’s Directorate General of Customs Valuation has updated the customs values for mobile phone LCD screens imported from China and Hong Kong. The Directorate’s…
Senate Defers Income Tax Amendment Bill 2025 Amid Trade and Transparency Concerns
3 min read
Islamabad: The Senate Standing Committee on Finance and Revenue convened under the chairmanship of Senator Saleem Mandiwalla. The meeting was attended by Senators Farooq Hamid…
Pakistan Banking Summit 2025: Finance Minister Calls for Resilient and Export-Driven Economy
4 min read
Islamabad: Federal Finance Minister, Senator Muhammad Aurangzeb, reiterating the government’s determination to structural reforms for paving a foundation of resilient economy and sustainable growth, on…
PBC Recommends 10-Car Ownership Cap to Tackle Tax Evasion in Pakistan
2 min read
The Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to introduce a cap on individual vehicle ownership, limiting registrations to a…
Senate Committee Debates Money Bill Status, Calls for Law Ministry’s Clarification
4 min read
Islamabad: The Senate Standing Committee on Finance and Revenue convened under the chairmanship of Senator Saleem Mandviwalla here at the Parliament House, addressing critical financial…
Azad Jammu and Kashmir Gets FBR’s New POS System
2 min read
ISLAMABAD: The POS system has been expanded to Azad Jammu and Kashmir by the Federal Board of Revenue (FBR). The Point-of-Sale (POS) system has been…
