The Economic Coordination Committee (ECC) of the federal cabinet has recommended Public Procurement Regulatory Authority (PPRA) to give exemption to… Read More
SBP Revises Cash Reserve Requirement for Banks
The State Bank of Pakistan (SBP) has decided to increase the average Cash Reserve Requirement (CRR), to be maintained during… Read More
Banks to Refund Rs. 14 Million to Fraud Victims as President Rejects Appeals
President Dr. Arif Alvi has upheld two different decisions of the Banking Mohtasib (BM) ordering Al Baraka Bank Ltd (ABBL)… Read More
Govt is Yet to Remove Fixed Sales Tax on Local Smartphone Production
The government has not implemented a majorly approved recommendation of Mobile Device Manufacturing Policy of removal of fixed Sales Tax… Read More
FBR Grants Tax Exemption on Issuance of International Sukuk Certificates
The Federal Board of Revenue (FBR) has granted tax exemption on the issuance of the International Sukuk Certificates under the… Read More
FBR Denounces ‘Suspicious’ Media Claims Targeting Its Image
The Federal Board of Revenue (FBR) has taken exception to an editorial captioned “Paying Taxes” published in Daily Dawn on… Read More
Tarin Launches FBR’s Inland Revenue Code to Simplify Tax Laws
Advisor to Prime Minister on Finance and Revenue, Shaukat Tarin, has launched the formulation of Inland Revenue Code to harmonize… Read More
FBR Website Back Online After Brief Outage
The Federal Board of Revenue’s (FBR) official website is back online after users were unable to access it when it briefly… Read More
FBR Reduces Sales Tax Rate on POL Products
The Federal Board of Revenue (FBR) has reduced the sales tax rate on petrol from 6.84 percent to 1.43 percent… Read More
FBR Bans Release of Unstamped Sugar Bags from Mills
The sugar mills cannot remove their stocks from factories from November 11, 2021, unless each and every sugar bag is… Read More
FBR Reports 27.6% Growth in Net Sales Tax From Imports in 2020-21
The Federal Board of Revenue (FBR) revealed on Thursday that the share of sales tax on imports remained 56.4 percent… Read More
WCO Holds 4-Day Capacity Building Training for Pakistan Customs Officers
The Directorate General of Training and Research (DGTR) of Pakistan Customs, Karachi, is holding a four-day training program titled, ‘Train… Read More
