The Federal Board of Revenue (FBR) has recovered more than Rs. 840 million from a prominent leather manufacturing company, ATS… Read More
EU Mission to Evaluate Pakistan’s Human Rights and Trade Commitments in Upcoming GSP+ Review
A high-level European Union (EU) monitoring mission comprising officials from the European External Action Service (EEAS) and the European Commission’s… Read More
Govt Attempts to Give Small Relief to Non-Filers at The 11th Hour
The federal government, just before the passage of next year’s Finance Bill, proposed some important amendments related to non-filers, wealth… Read More
Experts Urge Innovative Financing and Policy Reforms to Derisk Renewable Energy Investments
Renewables First (RF), a leading think tank for energy and environment, successfully hosted a pivotal event titled “Renewable Energy Finance… Read More
Govt to Increase Tax on Profit for Non-Filers
The federal government of Pakistan is likely to increase tax for non-filers on profit earned from bank accounts and deposits.… Read More
WHT for Purchase of Property for Non Filers Could Go upto 20%: Sources
In order to increase the cost of doing business for non-filers, the Federal Government of Pakistan on the instructions of… Read More
Tax Exemptions Cost National Exchequer Nearly Rs. 4 Trillion in FY24
Tax exemptions surged to Rs. 3.879 trillion during the outgoing fiscal year 2023- 2024 (FY24). The Pakistan Economic Survey 2023-24… Read More
Govt to Impose New Duty on Nicotine Pouches and E-Cigarettes
The federal government is expected to impose federal excise duty (FED) on Nicotine pouches and e-cigarettes in the Finance Bill… Read More
Netflix Ordered to Pay Rs. 200 Million Income Tax by FBR
The Federal Board of Revenue (FBR) has served a notice to Netflix for recovery of over Rs. 200 million in… Read More
Govt Likely to Restrict Local Sales of Imported Vehicles
The federal government is considering imposing restrictions on the sale of imported old vehicles in Pakistan for up to three… Read More
FBR Transfers A Dozen Grade 19, 20, 21 Officers Ahead of Budget
In another round of shuffling in the tax department within one week, the Federal Board of Revenue (FBR) has transferred… Read More
Govt Takes Major Step on IMF Demand to Tax Pensioners
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has reportedly managed to convince the International Monetary Fund (IMF) not… Read More
