FBR
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…
FBR Head Reveals Wealthiest 5% Aren’t Paying Taxes
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
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
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)
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:
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)
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
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
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…
