FBR
Government Moves to Close Tax Loophole for Banks
4 min read
ISLAMABAD: On Thursday, the government announced efforts to close a legal loophole that allows commercial banks to evade an estimated Rs200 billion in income taxes…
FBR Head Reveals Wealthiest 5% Aren’t Paying Taxes
3 min read
KARACHI: Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR), has stated that even the five richest individuals in the country are not…
FBR Arrests More CFOs in Tax Fraud Crackdown
4 min read
The Directorate General of Intelligence & Investigation-Inland Revenue has arrested one CFO from a battery manufacturing firm in Lahore and four Chief Financial Officers (CFOs)…
No extension for Oct 14 tax filing deadline, affirms FBR
2 min read
The Federal Board of Revenue (FBR) announced on Sunday that the October 14th deadline for filing tax returns will remain final and will not be…
New PTA Taxes On Samsung Galaxy S23 Series (Aug,2023)
2 min read
We have spoken a lot about iPhone taxes and with time government is constantly imposing taxes on iPhones. This time the government has also imposed…
Punjab Govt Initiates Crackdown Against Illegal Loan Apps:
3 min read
Lahore: The Punjab government has taken the initiative and decided to take strict action against cyber crimes. The govt has announced a crackdown on illegal…
PTA Taxes On iPhone XS And iPhone XS Max (Updated July 2023)
3 min read
Everyone wants to keep an iPhone in their pocket. Holding an iPhone has become a dream for many people due to its prices, including the…
Govt Is All Set To Remove NADRA’S Tax Related Powers
4 min read
The government of Pakistan has decided to remove the powers of National Database And Registration Authority (NADRA) for determining the income and tax liability of…
FBR PlansTo Buy 155 Luxury Vehicles
4 min read
Islamabad: Federal Board Of Revenue (FBR) has planned to buy 155 luxury vehicles worth nearly Rs 1.6 billion in the name of ‘taxpayers’ facilitation out…
FBR Warns Retailers Who Fails To Provide Online Access
2 min read
Karachi: Federal Board of Revenue (FBR) warns retailers of large entities for not providing an online access to sales and purchases. In this regard, the…
FBR Will Not Alert Taxpayers Of Foreign Requests For Information Of Their Assets
3 min read
The Federal Board Of Revenue has decided not to inform the concerned taxpayer about the request received from foreign tax jurisdiction. To search for information…
FBR Just Launched a Currency Declaration App for International Travelers
2 min read
Named ‘Pass Track’, the application is designed to facilitate passengers by making currency declaration easier The Federal Board of Revenue, FBR has just launched an…
FBR Imposes 50% Customs Duty On Mild Hybrid Cars
3 min read
The custom classifications committee of the Federal Board of Revenue (FBR) has increased the customs duty up to 50% on the import of “mild hybrid…
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