FBR
Pakistan’s Telecom Sector Reacts to 300% Increase in Router Prices
The Telecom Operators Association (TOA) has expressed strong disapproval of a 300 percent increase in the cost of fibre broadband routers. They argue that this…
Public Reactions Intensify Over FBR’s Rs6bn Honda City Car Procurement
The Federal Board of Revenue (FBR) has faced public backlash for deciding to buy 1,010 new Honda City 1.2L CVT cars, which will cost around…
Here’s How Much Pakistan’s Top Telecom Companies Earned in Past 10 Years
Pakistan’s top telecom companies, namely Jazz, Zong, and Nayatel, disclosed their financial performance over the past 10 years, highlighting their substantial contributions to the national…
Senate Committee Urges PTA to Lower Taxes on Mobile Phones Amid Affordability Concerns
The Senate Standing Committee has called on the Pakistan Telecommunication Authority (PTA) to reconsider mobile phone taxes, with an emphasis on reducing them to more…
PTA Wins Rs. 1.37 Billion Tax Case Against FBR
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) secured a significant legal victory against the Federal Board of Revenue (FBR) concerning the unauthorized deduction of Rs. 1.37…
Federal Cabinet Eliminates 15% Additional Tax on Banks
ISLAMABAD: On Friday, the federal cabinet, headed by Prime Minister Shehbaz Sharif, approved a law to raise the ordinary income tax rate for banks to…
New Tax Relief for Overseas Pakistanis Investing in Real Estate
KARACHI: Overseas Pakistanis can now enjoy exemption from higher taxes under Sections 236C and 236K, regardless of their inclusion on the Active Taxpayers List (ATL).…
Only 600,000 of 3.3 Million Top Pakistani Earners File Taxes; FBR Report
The Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has revealed that Pakistan’s top 5% income earners owe an alarming Rs. 1.6 trillion in…
FBR Partners with Banks to Tackle Tax Evasion with Account Insights
KARACHI: Pakistani authorities are intensifying efforts to combat tax evasion by introducing stricter measures to ensure compliance. As part of this initiative, banks will now…
FBR to Impose Strict Restrictions on Non-Filers: Ban on Vehicle, Property Purchases, and Bank Transactions
The government is set to implement stricter measures against non-filers, imposing a ban on several financial and property-related activities. Non-filers will be prohibited from purchasing…
Pak Govt to Centralize Citizen Data through ‘Digital ID’ Bill for Improved Governance, E-services
The federal government is set to present the Digital Nation Pakistan Bill, 2024 in the National Assembly today, introducing a unified digital identity for every…
FBR Enhances Customs Operations with Faceless System at Karachi Port
KARACHI: The Federal Board of Revenue (FBR) has implemented the Faceless Customs Assessment (FCA) system in Karachi as part of its transformation plan, beginning on…
Vehicle Registration Cancellations to Begin in Islamabad for Unpaid Token Tax
The Excise and Taxation Department of Islamabad has announced that starting January 1, 2024, vehicle registrations will be canceled for owners who fail to pay…
