The Federal Board of Revenue (FBR) has asked the investors, businessmen, chambers, and trade bodies to submit income tax budget… Read More
ECC to Abolish Taxes on Import of Sugar
The Economic Coordination Committee (ECC) of the Cabinet is expected to approve a summary of the Ministry of Industries and… Read More
SECP Announces Inflation Adjusted Growth Rate Scenarios for Insurance Operators
The Securities and Exchange Commission of Pakistan (SECP) has announced the growth rate/inflation-adjusted growth rate scenarios for the life insurers… Read More
IMF and FBR Consulting on Tax Exemptions and VAT
The International Monetary Fund (IMF) and Federal Board of Revenue (FBR) are regularly conducting online consultations and meetings on critical… Read More
Here’s How Much Tax FBR Needs to Collect in Q3 to Meet Annual Target
The Federal Board of Revenue (FBR) has been assigned to meet the quarterly target of Rs. 1.172 trillion for the… Read More
Govt Introduces IT Exports Strategy Model in Line with Market and Industry Needs
The government has formulated an IT Exports Strategy Model based on six pillars including ease of doing business and cost… Read More
Finance Division Asks Ministers and Divisions to Finalize their Budget Proposals for FY21-22
The Finance Division has given a deadline of March 15, 2021, to all ministers and divisions for finalization of their… Read More
FBR Forms a Committee to Resolve Tax Issues in the Capital Market
In a major development to attract investment in the stock market, the Federal Board of Revenue (FBR) has constituted a… Read More
FBR Issues Guidelines for Forfeiting Assets Acquired Through Smuggling to the Federal Govt
The movable and immovable properties suspected of having been acquired through proceeds of smuggling would be forfeited to the Federal… Read More
FBR Specifies Powers of Directorate Officials for Monitoring Jewelers, Accountants & Builders
The Federal Board of Revenue (FBR) has issued an “implementation plan” of the Directorate General of Designated Non-Financial Business and… Read More
PM Grants Status of Special Economic Zone to Siddiqsons Tin Plate
Prime Minister Imran Khan has granted the status of Special Economic Zone to the Siddiqsons Tin Plate, extending all tax… Read More
FBR Did Not Pursue Tax Reform Agenda to Expand the Tax Base: SBP
The State Bank of Pakistan (SBP) has said that the Federal Board of Revenue (FBR) did not pursue the tax… Read More
