The Federal Board of Revenue (FBR) has provisionally collected Rs. 1.635 trillion during the first quarter (July-September) 2022-23 against the… Read More
Ishaq Dar Announces Big Decrease in Petrol Prices Within Days of Taking Charge
Finance Minister, Ishaq Dar has announced a reduction in prices of petroleum products to pass on the benefit of decreasing… Read More
FBR Likely to Extend Date for Filing Tax Returns
The Federal Board of Revenue (FBR) has not announced extended timings of working hours of the field formations and extended hours for deposit… Read More
LHC Allows Banks, High-Income Earners to File Tax Returns Excluding Super Tax
Lahore High Court (LHC) has provided relief to the banking sector and other high-income earners to file their income tax… Read More
FBR Rolls Out E-Declaration of Foreign Assets, Vehicles For Capital Value Tax
The Federal Board of Revenue (FBR) has introduced a new electronic declaration for the owners of foreign assets and motor… Read More
FBR Still Needs to Collect Rs. 60 Billion in 2 Days to Achieve Its Target
The Federal Board of Revenue (FBR) would need to collect Rs. 60 billion on the 29th and 30th of September… Read More
FBR Raids Outfitters Head Office in Lahore
The Regional Corporate Tax Office Lahore has raided the head office of clothing brand Outfitters in Lahore to obtain relevant… Read More
FBR Allows Senior Army Officers Tax Free Import of Bullet-Proof Vehicles After Retirement
The Federal Board of Revenue (FBR) has allowed senior army officials to import duty and tax-free bulletproof vehicles, up to… Read More
FBR to Develop Model to Avoid Double Taxation Agreements
The Federal Board of Revenue (FBR) will develop a model for the Avoidance of Double Taxation agreements to cater to… Read More
2 AM Surprise: Govt Increases Price of Petrol Once Again
In a surprise move, the government late at night announced an increase in the price of petrol despite a decrease… Read More
FBR to Impose Rs. 50 Billion GST on Fuel If It Fails to Reach September’s Target
The Federal Board of Revenue (FBR) has decided to impose Rs. 50 billion worth of sales tax on petroleum products… Read More
FBR Chairman Directs to Improve Compliance With Currency Declaration Regime at Airports
Federal Board of Revenue (FBR) Chairman Asim Ahmed Tuesday directed the FBR Member Customs (Operations) to improve compliance with the… Read More
