FBR Goes After 100,000 Influencers Showing Off Wealth Online

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has launched a crackdown on 100,000 influencers and wealthy individuals who are flaunting their wealth on social media platforms.…

Cars, Cigarettes to Get Costlier as Govt Plans Mini-Budget for Flood Relief

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The government is preparing a mini-budget that may burden consumers with higher prices on imported cars, cigarettes, and electronics, aimed at raising revenue for flood…

Faceless Customs System Causes Rs100bn Loss in Three Months

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The Faceless Customs Assessment (FCA) system, launched by Prime Minister Shehbaz Sharif in Karachi last year to combat corruption, has caused a staggering Rs100 billion…

FBR Deploys New IRIS Registry Version for Taxpayers

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has announced the successful deployment of a new registry version on its IRIS portal, aimed at improving efficiency and…

Ex-FBR Chief Warns Crypto May Rival Hawala in Usage

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Former Federal Board of Revenue (FBR) chairman and economist Shabbar Zaidi has warned that cryptocurrencies could rival hawala in usage, even though cryptocurrency regulation in…

FBR Introduces Whistleblowing System to Track Tax Evasion, Reward Tips

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) is launching a whistleblowing system to find tax evasion and to reward successful reporters. The system will allow citizens…

Federal Govt Notifies Shahid Iqbal Posting to Science and Technology

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Cabinet Secretariat Establishment Division has issued an official notification transferring Mr Shahid Iqbal Baloch to the post of Secretary Science and Technology Division, with…

FBR Resolves Major Income Tax Portal Bug for Salaried Class

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has resolved a significant technical issue in its income tax return filing system affecting the salaried class. The bug,…

FBR Launches Digital Invoicing System to Streamline Sales Tax

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has launched a nationwide digital invoicing system for all sales tax registered taxpayers. The new system links business invoicing…

FBR Launches Informational Campaign for Taxpayers

By Sabica Tahira ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has announced a new awareness campaign to help taxpayers with the process of filing income tax returns. Under this…

Repeat Offenders May Face FBR E-Invoicing Penalty of up to Rs3m

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has begun enforcing its e-invoicing penalty system from September 1, 2025, with fines starting at Rs500,000 for non-compliance. The…

FBR Revenue Shortfall Hits Rs42bn in First Two Months of FY26

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has reported a revenue shortfall of nearly Rs42 billion during the first two months of the current fiscal year,…

Govt Unveils Simplified Tax Form for Salaried Class

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Finance Minister Muhammad Aurangzeb has announced a simplified tax form for salaried class, cutting the number of required fields from 800 to just 40 in…

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