FBR
FBR Deals with a Rs. 255 Billion Tax Deficit in the First Five Months of FY25
The Federal Board of Revenue (FBR) is expected to fall short of its tax collection goal by more than Rs. 255 billion in the first…
Real-Time Integration Helps FBR Secure 3.6M Taxpayers
ISLAMABAD: The Federal Board of Revenue (FBR) has started a new system that combines real-time data from machines with the National Database and Registration Authority…
Telecom Operators to Automatically Restore SIMs for Tax Filers
The Federal Board of Revenue (FBR) has introduced a comprehensive mechanism for blocking and unblocking mobile phone SIMs of non-tax filers, with specific guidelines and…
FBR Launches ‘ePayment 2.0’ for Easier Tax Payments
ISLAMABAD: A new payment creation solution, ePayment 2.0, has been adopted by the Federal Board of Revenue (FBR) as part of changes designed to improve…
FTO Urges FBR to Strengthen Cybersecurity Following Rs 81.43 Billion Tax Fraud Incident
The Federal Tax Ombudsman (FTO) has called for immediate measures to secure taxpayer data and take action against those responsible for a major cybersecurity breach…
IT Ministry Proposes Tax Relief and Support Measures to Boost IT Exports and Freelance Sector
The Ministry of Information Technology and Telecom has put forward a set of proposals aimed at boosting Pakistan’s IT export potential while creating a more…
SBP Eases Policy Rate by 2.5% as Inflation Shows Steady Decline
The Monetary Policy Committee (MPC) of the State Bank of Pakistan decided to cut the policy rate by 250 basis points to 15 percent, effective…
FBR Confirms No Further Extensions for Income Tax Return Deadline
The Federal Board of Revenue has decided that there will be no more extensions to the deadline for filing income tax returns. The FBR has…
FBR Implements Up to 75% Hike in Property Rates Across 56 Pakistani Cities
The Federal Board of Revenue (FBR) has raised real estate prices across major cities nationwide, with the updated national rates set to take effect on…
FBR Revenue Falls Short by Rs. 90 Billion in October
The Federal Board of Revenue (FBR) is expected to face a revenue shortfall of Rs. 90 billion in October 2024 According to FBR sources, the…
FBR Proposes New Amendments and Allows Foreign Tourists to Temporarily Import Vehicles
According to the FBR notification, tourists may bring vehicles into Pakistan under a carnet-de-passage or bank guarantee but the tourist must declare at the entry…
FBR Set to Announce New Property Valuations for 54 Cities
The Federal Board of Revenue (FBR) is set to announce the updated property valuations that will expand coverage to 54 cities across the country, up…
Government Moves to Close Tax Loophole for Banks
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…
