The Federal Board of Revenue (FBR) has not drafted any proposal to reduce/abolish sales tax or withholding tax on electricity… Read More
FBR Launches Crackdown Against Mispricing of Cigarettes
The Inland Revenue Department of the Federal Board of Revenue (FBR) has launched a crackdown against the mispricing of cigarettes… Read More
Paismo Raises $1.5 Million to Transform HR Tech in Pakistan and Globally
Paismo, an HR Tech startup, focusing on “hire to retire” solutions is revolutionizing the future of work in emerging markets.… Read More
FBR Exempts Agricultural Property from Tax on Sale Under Section 7E
The Federal Board of Revenue (FBR) will not charge tax on agricultural property excluding farmhouses under section 7E of the Income Tax… Read More
FBR Finds No Irregularities in Alleged Unlawful Clearance of Goods Worth $847 Million Under PSW
The Federal Board of Revenue (FBR) has found no revenue loss on account of the alleged unlawful clearance of goods… Read More
FBR to Start Online Fee and Exemption Service for 1% Tax on Property
The Federal Board of Revenue (FBR) has taken two major decisions relating to the real estate sector on Saturday. Sources… Read More
ECNEC Gives Nod to Outsourcing Islamabad International Airport for Upgradation
The Executive Committee of the National Economic Council (ECNEC) has approved six projects worth Rs. 110.2 billion. Federal Minister for… Read More
Why is Pakistan Prioritizing FX for Tax-Evading Companies?
The International Monetary Fund (IMF) successfully prevented Pakistan from defaulting on its debt, providing the nation with much-needed relief. Functioning… Read More
Govt Likely to Appoint Amjad Zubair Tiwana As New FBR Chairman
The federal government is likely to appoint Member Inland Revenue Operations Malik Amjad Zubair Tiwana as the new Chairman of… Read More
FBR’s Active Taxpayers List Hits Record High 4.2 Million Filers
The Active Taxpayers List (ATL) of the Federal Board of Revenue (FBR) is showing 4.2 million income tax return filers… Read More
Finance Ministry Recommends Cabinet to Appoint Rehmat Ali Hasnie as NBP President
The Ministry of Finance has proposed three names including Rehmat Ali Hasnie, Muhammad Abdullah Ahmed, and Mudassir Husain Khan for… Read More
Telenor Pakistan Posts 10% Revenue Growth in Q2 2023 Despite High Energy Prices, PKR Drop
Telenor Pakistan today posted double-digit revenue growth of 10% as the topline hit Rs. 29.4 billion mark during the second… Read More
