FBR
FBR Withdraws Draft Notification After Baggage Rules Misinterpretation
In a recent development, the Federal Board of Revenue (FBR) issued a clarification regarding its draft SRO 2028(I)/2024 dated December 6th, 2024, which proposed amendments…
FBR Chairman Restores Policy Permitting Passengers to Bring Two Mobile Phones
The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood Langrial, has reinstated the old policy that permits passengers arriving from abroad to bring two mobile…
Startups from Shark Tank Pakistan Face Scrutiny by FBR Over Tax Discrepancies
The Federal Board of Revenue (FBR) is reportedly scrutinizing startups that appeared on the first season of Shark Tank Pakistan. The news was shared by…
FBR Proposes Limits on Mobile Phones and Commercial Imports Over $1,200
The Federal Board of Revenue (FBR) has proposed new regulations under the baggage scheme, which impose a limitation on travelers, permitting them to bring no…
Govt Forms Committee to Revise Fiscal Measures on Bank Profits from Government Securities
The government has decided to introduce alternate fiscal schemes targeting the profits generated by banks through investments in government securities. This decision occurs against the…
Pakistan’s New Plan to Combat Vehicle Smuggling
KARACHI: Pakistan Customs has restricted the use of smuggled and tampered automobiles by government officials to curb the misuse of authority. This policy ensures that…
FBR Permits Duty-Free Temporary Import of Tourist Vehicles for Three Months
Islamabad: The Federal Board of Revenue (FBR) has introduced a facilitative policy allowing tourists to temporarily import vehicles into Pakistan without paying Customs duties, effective…
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…
