IMF approves import of 5-Year-Old vehicles in Pakistan

2 min read

In a major policy shift, the International Monetary Fund (IMF) has approved the federal government’s proposal to allow the import of five-year-old vehicles starting September…

Govt mulls new Rs. 30b Taxes or Massive Cuts to Meet IMF Budget Terms

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As the final approval for the FY2025–26 federal budget nears, the government is weighing critical fiscal adjustments to align with the International Monetary Fund’s (IMF)…

Steep Higher Tax on Cash on Delivery (COD) confirmed in Budget FY26

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The federal government is preparing to implement a higher income tax on Cash on Delivery (COD) transactions, compared to digital payments. This move, proposed under…

Govt Seeks $2B Loan to Boost Reserves to $14B

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In a recent briefing to the National Assembly Standing Committee on Finance, Finance Minister Muhammad Aurangzeb revealed that the government is working to secure a…

FBR Can Now Arrest Company Directors, CEOs and CFOs

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The Federal Board of Revenue (FBR) in Pakistan has recently been granted new powers. Now its Inland Revenue officers are allowed to arrest company directors,…

Banks Flag Major Gaps in Pakistan’s New E-Commerce Tax Plan

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The Pakistan Banks Association (PBA) has expressed significant reservations over the government’s newly proposed tax framework for e-commerce, as introduced in the Finance Bill 2025.…

FBR Imposes 10% Duty on Satellite Mobile Phones in Pakistan

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ISLAMABAD: The Federal Board of Revenue (FBR) will charge Customs Duty of 10 percent on the import of ‘Satellite mobile phone, whether or not functional…

FBR Auditor Suspended After Harassment Complaint in Multan

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MULTAN: A Senior Auditor (BS-17) at the Regional Tax Office (RTO) in Multan has been suspended by the Federal Board of Revenue (FBR) due to…

FBR to Block SIMs of 450,000+ Non-Filers ( Shared data with Telecos)

2 min read

In a major push to expand the tax base, the Federal Board of Revenue (FBR) has initiated a campaign involving SIM blocking for non-filers, sharing…

FBR Briefs PM on Digital Tracking of Freight Vehicles

2 min read

ISLAMABAD: In a major move to enhance revenue and curb illegal trade practices, the Federal Board of Revenue (FBR) has announced the launch of digital…

FBR Imposes 10% Processing Fee On Afghan Goods

2 min read

Islamabad; The Federal Board of Revenue (FBR) in Pakistan has recently imposed a 10 percent processing fee on Afghan transit goods. This new levy, effective…

Senate Finance Committee Reviews Solar Panel Policy, Gives a Deadline to SBP & FBR

3 min read

Islamabad: The Senate Standing Committee on Finance and Revenue, presided over by Senator Saleem Mandviwalla, convened today at the Parliament House to deliberate on key…

FBR’s Inaction on Cryptocurrency Could Cost Pakistan Billions, FTO Demands Urgent Reforms

3 min read

Islamabad: The Federal Tax Ombudsman (FTO) has issued a strong reprimand to the Federal Board of Revenue (FBR) over its continued inaction and administrative negligence…

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