FBR
FBR Revises Customs Values for Imported Smartwatches and Wearables
The Federal Board of Revenue (FBR) has revised customs values for imported smartwatches, smart bands, and smart rings to curb under-invoicing and prevent revenue losses.…
Federal Constitutional Court Dismisses FBR Appeals, Declares Section 7E Unconstitutional
Pakistan’s Federal Constitutional Court has struck down Section 7E of the Income Tax Ordinance, 2001. The court ruled it unconstitutional and without legal force. This…
Rs. 74.8 Million Tax Fraud Exposed After IRIS System Breach in Pakistan
A major cyber intrusion into Pakistan’s tax system has been uncovered by the Federal Tax Ombudsman, revealing fraudulent adjustments to input tax credits amounting to Rs.…
FBR Connects Nearly 36,000 Retail Outlets to Digital Tax system
The Federal Board of Revenue (FBR) has connected 35,953 branches of retailers, restaurants, and textile outlets to its Point of Sales (POS) system by April…
FBR Increases ‘PTA Tax’ for Used Imported iPhones, Samsung, and Pixel Devices
The Federal Board of Revenue (Federal Board of Revenue) has issued revised customs valuation rates for imported used mobile phones, covering 62 brands including Apple,…
FBR Introduces Major Tax Relief for Property Developers in Pakistan
Pakistan’s tax authority, the Federal Board of Revenue (FBR), has introduced significant relief measures for property developers and builders by streamlining the issuance of withholding tax exemption…
Senior FBR Tax Officers Fail to Declare Assets, Face Strict Deadline
Several senior officials of the Federal Board of Revenue (FBR) have failed to declare their assets and liabilities, despite clear directives issued under ongoing transparency reforms linked…
FBR Probes Rs. 48.4 Crore Reward Payments After AGP Audit
The Federal Board of Revenue (FBR) has initiated a special audit into cash rewards worth Rs. 484.44 million (Rs. 48.4 crore) distributed to officials and informers between…
FBR Opens New Jeerak Customs Station at Pak-Iran Border
The Federal Board of Revenue (FBR) has established a new customs station at the Pak-Iran border to streamline passenger movement and handle personal baggage arriving from Iran. As per SRO…
Intelligence Bureau to Audit Official Vehicles as Govt Tightens Austerity Measures
The government’s austerity campaign appears to be entering a stricter phase, with fresh oversight measures now in motion. According to sources, the Federal Board of…
How Much Salary Will Be Deducted From Government Officials: All You Need to Know
The Cabinet Division has issued a fresh notification announcing new austerity and fuel-saving steps to cut government spending. The move targets senior officials, foreign missions,…
FBR Tells Senate Some Employees Involved in Taxpayer Data Leak
Pakistan’s tax authority, the Federal Board of Revenue (FBR), has informed lawmakers that some of its own employees were involved in a recent leak of confidential taxpayer…
FBR Introduces New SOPs to Investigate Tax Fraud Cases
The Federal Board of Revenue has introduced new standard operating procedures (SOPs) to handle cases of tax fraud involving businesses and traders under Section 37A…
