FBR
FBR to Block SIMs of 450,000+ Non-Filers ( Shared data with Telecos)
In a major push to expand the tax base, the Federal Board of Revenue (FBR) has initiated a campaign involving SIM blocking for non-filers, sharing…
FBR Briefs PM on Digital Tracking of Freight Vehicles
ISLAMABAD: In a major move to enhance revenue and curb illegal trade practices, the Federal Board of Revenue (FBR) has announced the launch of digital…
FBR Imposes 10% Processing Fee On Afghan Goods
Islamabad; The Federal Board of Revenue (FBR) in Pakistan has recently imposed a 10 percent processing fee on Afghan transit goods. This new levy, effective…
Senate Finance Committee Reviews Solar Panel Policy, Gives a Deadline to SBP & FBR
Islamabad: The Senate Standing Committee on Finance and Revenue, presided over by Senator Saleem Mandviwalla, convened today at the Parliament House to deliberate on key…
FBR’s Inaction on Cryptocurrency Could Cost Pakistan Billions, FTO Demands Urgent Reforms
Islamabad: The Federal Tax Ombudsman (FTO) has issued a strong reprimand to the Federal Board of Revenue (FBR) over its continued inaction and administrative negligence…
Engro Secures CCP Approval for $563 Million Deal to Acquire Jazz’s Deodar Tower Assets
The Competition Commission of Pakistan (CCP) has granted approval for Engro Corporation’s acquisition of Deodar (Pvt.) Ltd., the tower subsidiary of Pakistan Mobile Communications Limited…
Luxury Watch Smuggling Exposed as Cover for Black Money Transfers
KARACHI: A major tax evasion and money laundering scheme involving luxury watches has come to light, as smugglers use high-end timepieces to conceal illicit wealth…
NA Committee seeks urgent resolution as 1,000 containers remain stuck under Export Facilitation Scheme
Islamabad: The National Assembly Standing Committee on Commerce expressed concern over more than 1,000 containers stuck at the port due to changes in the Export…
IMF Rejects FBR’s Tax Relief Plans for Property, Tobacco, and Beverages
ISLAMABAD: The International Monetary Fund (IMF) has denied the Federal Board of Revenue (FBR)’s request to lower taxes on property transactions, contradicting earlier government claims…
Sindh Govt Launches Blockchain-Based Digital Land Record System
KARACHI: In a significant stride towards modernizing land management, the Sindh government has introduced a comprehensive digitalization initiative aimed at streamlining property transactions, ensuring secure…
Govt to Launch Digitized Tax Return Forms for Salaried Individuals
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has announced that simplified tax return forms for salaried individuals will be introduced by September, ahead…
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…
