Bahria Town’s Icon Tower to Be Auctioned by FBR due to tax Default

By Manik Aftab ⏐ 8 months ago ⏐ Newspaper Icon 2 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has officially announced the auction of Bahria Icon Tower in Karachi, along with the Mall of Islamabad, to…

Govt to Slap 18% Sales Tax on Imported Raw Materials in Double Tax Shock

By Manik Aftab ⏐ 9 months ago ⏐ Newspaper Icon 3 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that the government will soon impose an 18% sales tax on imported raw materials for exports,…

27 million Crypto users are still un-Taxed in Pakistan because of Regulatory inaction

By Manik Aftab ⏐ 9 months ago ⏐ Newspaper Icon 2 min read

Crypto tax in Pakistan remains a grey area, with the Federal Board of Revenue (FBR) yet to establish a clear framework for taxing digital assets.…

No Major Sales Tax Relief Expected for Businesses in Budget 2025/26

By Manik Aftab ⏐ 9 months ago ⏐ Newspaper Icon 2 min read

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial confirmed on Wednesday that the upcoming federal budget (2025-26) will be tough, offering tax relief…

FBR Suggests Tax Relief for Salaried Class in Upcoming Budget

By Manik Aftab ⏐ 9 months ago ⏐ Newspaper Icon 2 min read

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood confirmed on Wednesday that the upcoming federal budget for 2025-26 will be challenging, offering no sales…

FBR Registered Businesses Cross 12.5 Million as Tax Base Expansion Gains Momentum

By Tech Desk ⏐ 10 months ago ⏐ Newspaper Icon 2 min read

ISLAMABAD: The number of FBR registered businesses has officially crossed 12.5 million, according to figures presented in the National Assembly, marking a significant milestone in…

FBR Grants PRAL Data Access for Enhanced Compliance and Governance

By Tech Desk ⏐ 11 months ago ⏐ Newspaper Icon 2 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has authorized comprehensive access to Pakistan Revenue Automation Limited (PRAL) data for its officials, aiming to strengthen enforcement…

FBR Refuses to Release Tax Data to Provinces Over Agriculture Tax Conflict

By Huma Ishfaq ⏐ 1 year ago ⏐ Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) will not share income tax returns with provincial governments, as they are considered private under Section 216 of the…

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