The tax authorities of Pakistan and Hungary are now be bound to exchange information about their taxpayers under the revised… Read More
Shell Pakistan Reports a Loss of Rs. 4.82 Billion in 2020
Shell Pakistan Limited has announced financial results for the year ended December 31st, 2020. The company posted a loss after tax… Read More
Pakistan Customs Increases Taxes on Import of Used Computers and Laptops
Directorate General of Customs Valuation Karachi has fixed customs values of old and used computer systems, laptops, printers, and their… Read More
FBR Revises Powers, Functions and Jurisdiction of Director General Intelligence and Investigation-Inland Revenue
The Federal Board of Revenue (FBR) has revised the functions, jurisdiction, and powers on the Directorate General, Intelligence and Investigation-Inland… Read More
Cement Sector Posts 1.98% Growth YoY in Feb 2021
Pakistan’s cement sector posted a nominal growth of 1.98 percent in February 2021 as compared to February 2020. According to… Read More
FBR to Release Stuck Consignments of FATA/PATA Residents
The Federal Board of Revenue (FBR) has decided to release the consignments of FATA/PATA residents stuck-up at the Karachi Port… Read More
FBR Releases Active Taxpayers List for Tax Year 2020
The Federal Board of Revenue (FBR) Monday released the Active Taxpayers’ List of over 2.1 million income tax return filers… Read More
FBR Launches a Confidential Reporting System Against Corruption
Federal Board of Revenue (FBR) Member Inland Revenue Operations Dr. Muhammad Ashfaq Ahmed launched a confidential system for taxpayers to… Read More
FBR Constitutes Committee to Tackle Money Laundering and Terror Financing
The Federal Board of Revenue (FBR) has constituted a Multi Agency-Money Laundering (ML) Investigation and Confiscation Committee with the mandate… Read More
PM Rejects OGRA Recommendation for a Hike in Petrol Prices
Prime Minister Imran Khan has rejected the Oil and Gas Regulatory Authority’s (OGRA) recommendation of a hike in petroleum prices… Read More
MoF Revises FBR’s Annual Tax Collection Target
The Federal Board of Revenue (FBR) has achieved the tax collection target of Rs. 2.898 trillion for the first eight… Read More
Toyota Indus Motors Posts Huge Increase in Profits Thanks to Price Hikes
Toyota Indus Motor Company (IMC) has announced its financial results for the second quarter that ended on December 31, 2020… Read More
