FBR
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Business
FBR Updates Property Valuation Criteria for Karachi
The Federal Board of Revenue (FBR) has updated its criteria for valuing various types of properties in Karachi, including commercial,…
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Business
Govt Mulls Federal Excise Duty on Sugar Amid Revenue Shortfall
Islamabad: The Pakistan government is considering imposing a Federal Excise Duty (FED) on sugar to address a tax shortfall, news…
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Business
FBR Chairman Admits Corruption in Department
Federal Board of Revenue (FBR) Chairman Rashid Langrial acknowledged ongoing corruption within the department on Tuesday. He made the admission…
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Business
PM Shehbaz Sharif Directs Swift Resolution of FBR’s Tax Cases
Prime Minister Shehbaz Sharif has directed authorities to expedite the Federal Board of Revenue’s (FBR) legal efforts to conclude under-trial…
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Business
Salaried Class Becomes Third-Largest Tax Contributor in Pakistan
The salaried class has become the third-largest contributor to Pakistan’s tax revenue, with a nearly 40% rise in tax collection…
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Business
FBR Initiates Process for New Cargo Tracking System
The Federal Board of Revenue (FBR) has started issuing a new Expression of Interest (EOI) to select companies for advanced…
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Business
Federal Government Faces Rs80-90 Billion Tax Target Shortfall for December
ISLAMABAD: The federal government is bracing for a tax revenue shortfall of Rs80-90 billion in December 2024, despite recent measures…
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Business
ECC Approves Rs3.7 Billion Restructuring Plan for PRAL
The Economic Coordination Committee (ECC) has approved a comprehensive restructuring plan for Pakistan Revenue Automation Limited (PRAL). The committee has…
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Business
FBR to Launch Faceless Customs Assessment System in Karachi
The Federal Board of Revenue (FBR) will launch the Faceless Customs Assessment (FCA) system in Karachi on Sunday. The move…
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Business
FBR Investigates Startups from Shark Tank Pakistan for Tax Discrepancies
ISLAMABAD: Startups that participated in the first season of Shark Tank Pakistan are under investigation by the Federal Board of…
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