OICCI Demands Overhaul of FBR to Boost Investment
Karachi, Pakistan: The Overseas Investors Chamber of Commerce and Industry (OICCI) has strongly criticized the Federal Board of Revenue (FBR), […]
Government Seeks Alternative Ways to Tax Bank Profits
The government of Pakistan is exploring alternative methods to tax bank profits derived from investments in government securities, signaling an […]
Sindh Hesitates on Agricultural Income Tax
The recent National Tax Council (NTC) meeting highlighted significant differences among provinces regarding the implementation of agricultural income tax. While […]
FBR Expands Single Sales Tax Return to Oil & Gas and Microfinance Sectors
In a collaborative step towards simplifying tax compliance, the Federal Board of Revenue (FBR) and Provincial Revenue Authorities (BRA, KPRA, […]
FBR Tightens Grip on Customs Officials’ Vehicle Usage
Karachi, Pakistan: In a move to curb potential misuse of authority, the Pakistan Customs has implemented a new policy restricting […]
Shehbaz Sharif Unveils $500M Sugar Export Success and Future Tax Goals
Prime Minister Shehbaz Sharif has announced that Pakistan has earned $500 million in foreign exchange through the timely export of […]
Tax Implications of Fixing MRP on Black Tea Imports
The recent decision by Pakistan’s Federal Board of Revenue (FBR) to impose a Minimum Retail Price (MRP) of Rs1200 per […]
Tax Officers Blame Revenue Shortfall on FBR’s Poor Policies
The Inland Revenue Service Officers’ Association (IRSOA) has attributed the Federal Board of Revenue’s (FBR) failure to meet its revenue […]
FBR Mandates Forensic Testing Before Auctioning Confiscated Vehicles
The Federal Board of Revenue (FBR) has issued a new directive under S.R.O. 1678(1)/2024, introducing stricter protocols for the auctioning […]
CJP Pushes for Dedicated Benches to Expedite Tax-Related Cases
Islamabad, Pakistan: Chief Justice Yahya Afridi has emphasized the need for dedicated benches to ensure the swift resolution of tax-related […]