The Federal Board of Revenue (FBR) is likely to miss August 2024 revenue collection targets. Sources told ProPakistani that Chairman… Read More
FBR Clarifies New Late Filers Tax After LHC Order
The Federal Board of Revenue (FBR) cannot impose enhanced rates of withholding tax retrospectively on the buying and selling of… Read More
PostEx Raises $7.3 Million in Pre-Series A Round to Cater Merchants in GCC Market
PostEx, one of Pakistan’s leading fintechs, has raised $7.3 million in a pre-Series A funding round. The round was led… Read More
Sindh Chamber of Agriculture Opposes Further Increase in Sales Tax Rate on Tractors
Sindh Chamber of Agriculture has approached Prime Minister Shehbaz Sharif against abnormal increases in prices of agricultural tractors for poor… Read More
FBR’s Penalty on Late Filers is Illegal
The Federal Board of Revenue (FBR) cannot enforce a penalty on a new “Late Filers” category retrospectively, introduced through the… Read More
Notification for Much Higher FBR Property Market Rates Delayed
The Federal Board of Revenue (FBR) has delayed the issuance of notifications for the revised valuation of immovable properties across… Read More
New FBR Chairman Seeks Asset Details of Over 2,000 Tax Officers
Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has sought asset details of all Grade-17 to 22 officers of… Read More
Internet, WhatsApp and Instagram Set to Return to Normal as Govt Completes 2nd Firewall Trial
Pakistan has successfully conducted the second trial of its social media firewall, aiming to regulate online content and ensure national… Read More
Govt Hikes RLNG Prices for August 2024
The Oil and Gas Regulatory Authority (OGRA) on Tuesday notified prices of re-gasified liquefied natural gas (RLNG) for both the… Read More
Pearl Continental Celebrates 60 Years of Excellence on Pakistan’s Independence Day
Over six decades, Pearl Continental has been more than just a name in hospitality and has played a big role… Read More
Appellate Tribunal Inland Revenue Has Become Dysfunctional: Pakistan Tax Bar Association
The first stage of appeal for the taxpayers i.e. Appellate Tribunal Inland Revenue (ATIR) has become dysfunctional, depriving taxpayers of… Read More
Customs Urges FBR to Tighten Controls on Untaxed Imported Goods Leaving Gilgit Baltistan
The Collector, Collectorate of Customs Gilgit Baltistan has asked the Federal Board of Revenue (FBR) to strengthen enforcement measures in… Read More
