Chairman Federal Board of Revenue (FBR) Rashid Mahmood said that the government has decided to completely abolish the concept of… Read More
Minority Shareholder Rejects Sale of Shell Pakistan Ltd to Saudi Oil Company
A minority shareholder has rejected Shell Pakistan’s Limited’s sale to Saudi Arabia’s Wafi Energy Holding Limited and complained to the… Read More
Pakistan’s Cash in Circulation Rises By Rs. 212 Billion in Just A Week
Cash holdings in Pakistan have recorded a substantial increase of Rs. 212.7 billion in the week that ended on September… Read More
Govt Calls for Action Against Corrupt FBR Officers Discouraging Foreign Investment
The Establishment Division has directed the Chairman Federal Board of Revenue (FBR) to take action against irregularity, corrupt practices and… Read More
Civil Aviation Authority Takes FBR to Supreme Court Over Rs. 50 Billion Tax Dispute
The Civil Aviation Authority (CAA) has taken its Rs. 50 billion tax dispute with the Federal Board of Revenue (FBR)… Read More
ADB Pledges $8 Billion in Loans to Pakistan Over Four Years
The Asian Development Bank (ADB) has pledged $2 billion in annual loans to Pakistan, beginning in 2024, with half of… Read More
FBR to Freeze Bank Accounts of Filers Who Deliberately Submit Incorrect Tax Returns
The Federal Board of Revenue (FBR) will freeze bank accounts of filers of income tax returns, who would deliberately submit… Read More
FBR Likely to Increase Property Rates in 42 Cities Across Pakistan
The Federal Board of Revenue (FBR) is likely to raise valuation rates of immovable properties in 42 cities during the… Read More
Pakistan Applies for $1.75 Billion Loan from 3 International Lenders
The Finance Ministry has applied for a total of $1.75 billion in loans from three key financial institutions namely the… Read More
1Link Responds to Media Reports of ATM, Mobile Banking Outage Across Pakistan
In response to recent media reports about disruptions in nationwide funds transfers and cash withdrawals, 1LINK has assured stakeholders that… Read More
FBR Drafts Mini-Budget Proposal If Revenue Shortfall Continues in September
The Federal Board of Revenue (FBR) is likely to raise a 1 percent rate on 31 different kinds of withholding… Read More
FBR Chief to Evaluate Officer Performance Amid Revenue Shortfall
Following a historic revenue shortfall in August 2024, the Chairman of the Federal Board of Revenue (FBR) has decided to… Read More
