Federal Board of Revenue (FBR) Archives

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Pakistan

Web Desk
May 12, 2024

Telecom operators block over 3,500 SIM cards on FBR’s direction

Authorities have issued a stern warning, indicating that legal action will be taken against companies failing to cooperate in enforcing the Income Tax General Order.

Pakistan

Web Desk
May 10, 2024

Government launches trader-friendly scheme to boost tax compliance

The trader-friendly scheme aims to incentivise small traders to formalise their businesses and comply with tax regulations. By simplifying tax procedures and offering incentives, the scheme seeks to encourage greater tax participation while fostering economic growth.

Pakistan

Web Desk
May 01, 2024

FBR falls short of revenue target by Rs48 billion

The revenue department only managed to scrap together Rs7,366 billion against the target amount of Rs7,414 billion.

Business

Web Desk
Apr 27, 2024

Finance minister chairs meeting on FBR digitisation process

The steering committee meeting focused on assessing FBR’s digitisation progress and improving tax administration nationwide.

Latest

Web Desk
Mar 05, 2024

Shehbaz Sharif orders privatisation of loss-making government subsidiaries, promote SMEs

The newly elected PM said he is determined to improve investment opportunities and enhance facilities for the business community. Shehbaz Sharif highlighted the pivotal role of tax compliance in fostering economic growth.

Latest

Web Desk
Dec 15, 2023

The truth behind price of Nokia Magic Max 5G in Pakistan

The Finnish manufacturer is reportedly in the process of developing a new flagship device, tentatively named the Nokia Magic Max 5G.

Business

Web Desk
Nov 18, 2023

Caretaker setup mulling to establish National Tax Authority

The government plans to add more sectors in the Track and Trace System and also introduce an electronic invoicing system to reduce or eliminate the risk of smuggling.

Business

Web Desk
Nov 16, 2023

PC requests tempered fleet from FBR to accelerate PSEs Privatisation

The Commission emphasised its commitment to engaging in consecutive meetings with various stakeholders, including National and International Investors, Bankers, Chartered Accountants, Lawyers, Financial Advisors, Federal Secretaries, and other relevant entities.

Business Pakistan

Web Desk
Oct 15, 2023

Tax base expands in Pakistan, but collection remains low

Despite ongoing efforts by the interim government to enhance the tax base through the promulgation of a presidential ordinance, it appears that the core issue lies in enforcement, rather than data sharing.

Pakistan

Web Desk
Oct 12, 2023

SIUT plans to buy Regent Plaza hotel for Rs 14.5 billion

According to reports carried by a section of press, the hotel comprises 400 rooms with an occupancy rate of 20 percent for the 2021-22 fiscal year. The five-star hotel in Karachi has been built on a plot measuring 13,200 square yards.