FBR
State Bank of Pakistan Keeps Policy Rate Unchanged at 12% Amid Economic Considerations
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
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
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
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
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
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
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
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
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
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…
PM Shehbaz Postpones New Real Estate Tax Reforms
Prime Minister Shehbaz Sharif has postponed a decision on the proposed tax incentive package for the real estate sector, citing the need to address key…
Multi-Billion-Rupee Solar Panel Import Scam Involves Famous Pakistani Banks
The Senate Finance Subcommittee, chaired by Senator Mohsin Aziz, convened on Thursday to discuss the ongoing investigation into the solar panel import over-invoicing. The committee…
FBR Sets New Policy for Non-Filers Buying Bikes, Rickshaws, and Small Cars
ISLAMABAD: The National Assembly’s Standing Committee on Finance and Revenue approved a proposal on Tuesday permitting non-filers to purchase motorbikes, rickshaws, tractors, and cars up…
