FBR Cracks Down on Forvil Cosmetics Over Tax Evasion, Orders License Cancelled
FBR has launched similar crackdowns on tax defaulters in other cities including Karachi and Lahore. FBR Cracks Down on Forvil…
Federal Board of Revenue
FBR Chairman Assures No Tax Hike on Vehicles Under 800cc, Discusses Key Tax Reforms
The committee discussed the proposal to restrict investment in the stock market. FBR Chairman Assures No Tax Hike on Vehicles…
Rs85 Billion Revenue Shortfall Recorded in January
The refusal to cut expenses and the unexpected hike in the revenue target make it seem nearly impossible to achieve….
FBR proposes ‘one mobile per person’ limit for passengers arriving from abroad
Any additional phones, or any quantity exceeding one that is not for personal use, will not be permitted and will…
New vehicle import rules for foreign tourists introduced
The vehicle can remain in the country for three months, with the possibility of an additional three-month extension, provided a…
FBR issues statement on extension in returns filing deadline
It was told that Rs 1106 billion was collected through income tax returns in September surpassing the target of Rs….
FBR confirms no extension for filing income tax returns for FY 2024
The annual tax collection target of FBR envisaged Rs12,970 billion, which was approved by parliament (Rs12,913 billion). FBR confirms no…
FBR targets non-filers starting from October 1st
Final tax notices to be issued to lakhs of non-filers as FBR seeks to boost compliance. FBR targets non-filers starting…
Pakistani traders observe nationwide strike against taxes, utility bills
The strike, called by the All Pakistan Traders’ Association, is a protest against the imposition of taxes and the high…
FBR imposes Rs60,000 monthly tax on Karachi traders
The new development sparked concerns within business community, particularly affecting electronics market. KARACHI: Federal Board of Revenue (FBR) told traders…