The government has constituted a committee to review the proposal of the domestic industry to impose a general sales tax… Read More
Oil Firms Allegedly Default on Paying Rs. 1.13 Billion Royalty to Govt
Prominent oil firms have been found allegedly defaulting on paying royalties to the government amounting to around Rs. 1.13 billion… Read More
APTMA Urges FBR to Remove Barriers in Export Facilitation Scheme Implementation
All Pakistan Textile Mills Association (APTMA) conveyed to the Federal Board of Revenue (FBR) to remove hurdles in the implementation… Read More
Ishaq Dar Vows to Recover Rs. 447 Billion from Gas Infrastructure Development Cess Defaulters
Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar has expressed the resolve of the government to recover each… Read More
Neem Receives NBFC License to Strengthen Pakistan’s Lending Landscape
Embedded finance platform Neem has been granted a Non-Banking Financing Company (NBFC) license from the Securities and Exchange Commission of… Read More
Barrick Settles Reko Diq Case With Pakistan in Exchange for 50% of All Gold Reserves
Barrick Gold Corporation said today that it had completed the reconstitution of the Reko Diq project, having received a favorable… Read More
TransferWise Was Briefly Inaccessible in Pakistan [Updated]
TransferWise (now known as Wise), a popular financial service used by freelancers to transfer funds to Pakistani accounts, was briefly… Read More
FBR to Auction Off Properties and Trademarks of Tax Defaulter Brands
The Federal Board of Revenue (FBR) has decided to sell/auction the copyrights/trademarks and movable/immovable properties of business brands of big… Read More
FBR to Consult Sugar Industry to Determine Sales Tax on Sugar
The Federal Board of Revenue (FBR) has decided to take input from the sugar industry for the fixation of minimum… Read More
Key FBR Member Goes on Medical Leave
One of the most important members of the Federal Board of Revenue (FBR) has gone on medical leave due to… Read More
FBR Has to Collect Rs. 665 Billion Every Month to Meet FY23’s Tax Target
The tax machinery is required to collect over Rs. 665 billion per month from November 2022 to June 2023 to… Read More
Ishaq Dar Orders Investigation Against Tax Record Leakage of COAS Family Members
Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar has ordered a probe against the leakage of tax data… Read More
