The Federal Board of Revenue (FBR) has clarified misconceptions surrounding its recently issued draft SRO 2028(I)/2024, dated December 6, 2024, which proposed amendments to the Baggage Rules under SRO 666(I)/2006. Misinterpretations have spread in the press and on social media, suggesting that personal baggage value has been capped at USD 1200. This is incorrect.
Muhammad Ebrahim
Intern at TaxationPk, actively contributing to various taxation-related projects. Continuously learning and gaining hands-on experience, bringing enthusiasm and a fresh perspective to the team.