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
FBR Likely to Miss August Tax Collection Target
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
