A flagship initiative of the present Government, the Kamyab Pakistan Program (KPP), will be inaugurated by the Prime Minister on… Read More
FBR Registers Historic Tax Collection Growth of 38.3% in Q1 FY22
The Federal Board of Revenue (FBR) has amassed the revenue collection target of Rs. 1211 billion set for the first… Read More
FBR Income Tax Filing System is Down
The Federal Board of Revenue’s income tax return filing system is choked and is not accepting returns and computerized payment… Read More
Tax Evasion in the Tobacco Sector Continues as FBR Fails to Implement GLT Monitoring
One of the main reasons for the low proportion of taxes in Pakistan’s GDP is the failure of tax authorities… Read More
FBR Slaps Additional 2% Duty on Import of Completely Knocked Down Vehicles
The Federal Board of Revenue (FBR) has imposed two percent additional customs duty on the import of cars, jeeps, and… Read More
SECP Responds to Rumors of New Crypto Trading Platform
The Securities and Exchange Commission of Pakistan (SECP) has not granted approval or issued a license to any trading platform… Read More
Traders Call Off Protest After Reaching an Agreement With FBR
A delegation of the elected leadership of small traders led by Kashif Chaudhry, Central President Markazi Tanzeem Tajiran, Pakistan had… Read More
FBR Clarifies Whether New Law Will Result in More Taxes on General Public’s Electricity Use
Tax Laws (Third Amendment) Ordinance 2021 has not imposed any tax on electricity consumption by the general public, as only… Read More
FBR Considers Establishing a Directorate of Inquiries
The Federal Board of Revenue is considering establishing a Directorate of Inquiries headed by a professional from outside it. Officials… Read More
Govt Legalizes Non-Banking Remittance Channels
The government has given legal cover to the foreign remittances through money service bureaus (MCBs), exchange companies (ECs), and money… Read More
All Pakistan Trader Community to Protest Against Tax Law Amendment
The trader community has decided to launch a strong protest against the promulgation of the Tax Laws (Third Amendment) Ordinance,… Read More
Corporate Taxpayers to Adopt Digital Mode of Payment From 1st November
The Federal Board of Revenue (FBR) is considering allowing the corporate taxpayers a grace period of 40 days to switch… Read More
