FBR
Govt Seeks $2B Loan to Boost Reserves to $14B
In a recent briefing to the National Assembly Standing Committee on Finance, Finance Minister Muhammad Aurangzeb revealed that the government is working to secure a…
FBR Can Now Arrest Company Directors, CEOs and CFOs
The Federal Board of Revenue (FBR) in Pakistan has recently been granted new powers. Now its Inland Revenue officers are allowed to arrest company directors,…
Banks Flag Major Gaps in Pakistan’s New E-Commerce Tax Plan
The Pakistan Banks Association (PBA) has expressed significant reservations over the government’s newly proposed tax framework for e-commerce, as introduced in the Finance Bill 2025.…
FBR Imposes 10% Duty on Satellite Mobile Phones in Pakistan
ISLAMABAD: The Federal Board of Revenue (FBR) will charge Customs Duty of 10 percent on the import of ‘Satellite mobile phone, whether or not functional…
FBR Auditor Suspended After Harassment Complaint in Multan
MULTAN: A Senior Auditor (BS-17) at the Regional Tax Office (RTO) in Multan has been suspended by the Federal Board of Revenue (FBR) due to…
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…
