FBR Proposes Harsh Penalties for Faulty Income Tax Returns
Islamabad, Pakistan – The Federal Board of Revenue (FBR) is considering implementing severe penalties for taxpayers who file incorrect or […]
Pakistan Faces Looming Mini-Budget as FBR Struggles to Meet Tax Targets
Islamabad, Pakistan – Pakistan is facing the prospect of introducing a mini-budget as the Federal Board of Revenue (FBR) struggles to […]
FBR Empowers Commissioners to Condone Delays in Sales Tax Applications
The Federal Board of Revenue (FBR) has issued a notification (S.R.O. 1444(I)/2024) empowering Commissioners-IR (Income Tax) to condone time limits […]
FBR Imposes Major Penalty on Customs Officer for Misreporting
Karachi, Pakistan – The Federal Board of Revenue (FBR) has imposed a major penalty on Mr. Zulfiqar Ali, an Inspector […]
PIA Buyers Seek Tax Exemptions
Islamabad, Pakistan: The privatization of Pakistan International Airlines (PIA) is facing significant hurdles due to conflicting demands from potential buyers and […]
FBR Considers New Tax Collection Mechanism for Traders
Islamabad, Pakistan: The Federal Board of Revenue (FBR) is exploring a new proposal to collect advance tax from traders based […]
Pakistan Witnesses 71% Surge in Tax Filers, FBR Surpasses Collection Targets
Islamabad, Pakistan – The Federal Board of Revenue (FBR) has reported a significant increase in the number of tax return […]
FBR Partners with LUMS for Enhanced Customs Operations
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has signed a Memorandum of Understanding (MoU) with the Technology for People […]
FBR Releases Updated Withholding Tax Rates for Tax Year 2025
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has announced the updated withholding tax rates for the tax year 2025, […]
FBR Races to Meet Rs 1.16 Trillion Collection Target
Islamabad, Pakistan – The Federal Board of Revenue (FBR) is intensifying its efforts to achieve a revenue collection target of Rs […]