FBR
SBP Calls for Long-Term Investment Incentives
ISLAMABAD: As Pakistan’s rupee comes under renewed pressure, the State Bank of Pakistan (SBP) has proposed tying tax benefits to longer-term foreign investments in government…
IMF approves import of 5-Year-Old vehicles in Pakistan
In a major policy shift, the International Monetary Fund (IMF) has approved the federal government’s proposal to allow the import of five-year-old vehicles starting September…
Govt mulls new Rs. 30b Taxes or Massive Cuts to Meet IMF Budget Terms
As the final approval for the FY2025–26 federal budget nears, the government is weighing critical fiscal adjustments to align with the International Monetary Fund’s (IMF)…
Steep Higher Tax on Cash on Delivery (COD) confirmed in Budget FY26
The federal government is preparing to implement a higher income tax on Cash on Delivery (COD) transactions, compared to digital payments. This move, proposed under…
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…