Customs officer awarded penalty for receiving Rs70m, running business ISLAMABAD: A Customs officer (Superintendent) of Karachi was subjected to a major penalty for receiving an... Published 28 Mar, 2025 05:35am
Print IRS & PCS officials: Transfer to admin pool not on any directive by PM ISLAMABAD: The Federal Board of Revenue’s transfer orders (during April 2024) of over a dozen senior officers of the... Updated 25 Mar, 2025 09:28am
BR Research Pakistan’s tax burden: Who pays the price? Some things you know, but when you see them laid out on a broader canvas, the picture hits differently. That’s... Published 13 Mar, 2025 07:08am
Markets Pakistan Textile Council voices concerns over proposed amendments to EFS The Pakistan Textile Council (PTC), a not-for-profit research and advocacy platform, has voiced concerns over the... Updated 06 Mar, 2025 10:46pm
BR Research IMF: Questions persist on reforms The IMF team is set to arrive next week for the first biannual review, which is expected to pass—though not without... Published 28 Feb, 2025 07:56am
Business & Finance FBR chief stands firm on decision to purchase 1,010 cars for tax officers Sales tax cannot be collected without site visits, Rashid Mahmood Langrial says Updated 26 Jan, 2025 10:34pm
Business & Finance Revenue Division seeks exemption from vacant post abolition requirement The Revenue Division has proposed a one-time dispensation from the policy requiring the abolition of 60% of vacant... Updated 24 Jan, 2025 10:10pm
BR Research Breaking the thread: is EFS the reckoning spinning deserves? The Export Facilitation Scheme (EFS) allows duty-free and tax-free import of inputs for export manufacturing.... Published 15 Jan, 2025 07:58am
Markets PBC raises concerns on reported termination of satellite tracking of Afghan cargo The Pakistan Business Council (PBC) on Thursday signalled concerns on a report that the Federal Board of Revenue... Published 09 Jan, 2025 08:27pm
Markets National Tax Council meets to discuss tax reforms, harmonisation Meeting's agenda focuses on fostering collaboration between federal, provincial authorities to enhance tax systems, improve compliance, and boost revenue collection, Finance Division says Updated 04 Dec, 2024 10:35pm
Markets PM Shehbaz urges FBR to use technology to improve revenue collection Premier seeks roadmap for reconstruction of Pakistan Revenue Automation Limited Updated 24 Oct, 2024 11:47pm
Markets ‘War on tax fraud’: Pakistan faces revenue gap of Rs3.4tr due to tax evasion & fraud, says finance ministry Finance & Revenue Division cites FBR study pertaining to iron & steel, beverages, batteries, textile, and cement sectors Updated 10 Oct, 2024 09:18pm
Markets TY24: FBR extends deadline for filing tax returns till October 14 Decision taken on requests from trade bodies, tax bar associations, and general public, Federal Board of Revenue says Updated 01 Oct, 2024 01:37am
Markets FBR’s digitisation, improved enforcement vital for economic reforms: PM Shehbaz Enhanced tax receipts will upgrade service delivery, social sector, prime minister says Updated 20 Sep, 2024 10:48pm
Markets Higher sales tax threatens government’s EV promotion efforts: EDB official An official from the Engineering Development Board (EDB) warned that raising the general sales tax (GST) on electric... Published 11 Sep, 2024 12:44pm
Markets APTMA urges govt to end ‘regressive taxation policies’ The All Pakistan Textile Mills Association (APTMA) has urged the government to end its ‘regressive taxation... Updated 23 Aug, 2024 09:19pm
Business & Finance Millat Tractors stops production, says govt has failed to address issues Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, said on Thursday it has ceased production... Updated 22 Aug, 2024 08:11pm
BR Research E-Invoicing: FBR’s digital leap for Pakistan The Federal Board of Revenue (FBR) in Pakistan has taken a significant step towards digitizing the economy by... Published 06 Aug, 2024 06:52am
Technology Blocking mobile SIMs: explore alternative strategies to enhance tax collection, GSMA urges FBR GSMA says move could potentially disrupt vital services, especially during disasters and climate-related events Updated 09 May, 2024 10:29pm
Business & Finance FBR notifies transfers of 12 key officers to Admin Pool The Federal Board of Revenue (FBR) has notified transfers of 12 officers of the Inland Revenue Service and Pakistan... Published 26 Apr, 2024 10:48pm
Business & Finance FBR, Karandaaz sign pact to work on digitisation of tax system The Federal Board of Revenue (FBR) signed an agreement with Karandaaz Pakistan for digitisation of the tax system, a... Published 15 Mar, 2024 09:23pm
Print Rs16bn money-laundering case: probe suspended KARACHI: The Federal Board of Revenue (FBR) has reportedly suspended investigations against four shell companies... Updated 06 Jan, 2024 05:18pm
Print FBR set to block mobile phones of non-filers Tax body will issue Income Tax General order by January 15 Updated 03 Jan, 2024 03:26pm
Editorials Despite a 146pc FED hike on cigarettes EDITORIAL: Going by FBR (Federal Board of Revenue) revenue figures, it has successfully busted the great tobacco... Published 16 Dec, 2023 05:49am
Print 145 govt organisations: FBR defines ‘economic transaction’ for maintaining data ISLAMABAD: The Federal Board of Revenue (FBR) will maintain record of economic transactions of transfers of gifts... Updated 09 Dec, 2023 09:09am
Business & Finance FBR creates new post of Member (Digital Initiatives) ISLAMABAD: The Federal Board of Revenue (FBR) has created a new post of the Member (Digital Initiatives) to... Published 17 Oct, 2023 06:41am
Business & Finance FBR confirms tax return filing deadline extended by 1 month The Federal Board of Revenue (FBR) on Saturday said the date of date of filing income tax returns for Tax Year 2023... Published 30 Sep, 2023 11:54pm
Markets FBR asks TPL Trakker to install tracking devices on transhipment cargo FBR asks company to begin operations at all customs stations across the country where transhipment consignments are being originated from or designated to Published 22 Mar, 2023 12:31pm
Business & Finance Tax officials asked to update personal profiles ISLAMABAD: The Federal Board of Revenue (FBR) has directed all tax officials to update their personal profiles under... Published 11 Feb, 2023 07:14am
Business & Finance Baggage Rules revised: FBR fixes forex limit for outgoing passengers of 18 years or above ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday fixed a maximum limit of $5,000 (per visit) and $30,000... Published 14 Dec, 2022 05:57am
