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KARACHI: Pakistani authorities are intensifying efforts to combat tax evasion by introducing stricter measures to ensure compliance. As part of this initiative, banks will now…
The government is set to implement stricter measures against non-filers, imposing a ban on several financial and property-related activities. Non-filers will be prohibited from purchasing…
The federal government is set to present the Digital Nation Pakistan Bill, 2024 in the National Assembly today, introducing a unified digital identity for every…
KARACHI: The Federal Board of Revenue (FBR) has implemented the Faceless Customs Assessment (FCA) system in Karachi as part of its transformation plan, beginning on…
The Excise and Taxation Department of Islamabad has announced that starting January 1, 2024, vehicle registrations will be canceled for owners who fail to pay…
In a recent development, the Federal Board of Revenue (FBR) issued a clarification regarding its draft SRO 2028(I)/2024 dated December 6th, 2024, which proposed amendments…
The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood Langrial, has reinstated the old policy that permits passengers arriving from abroad to bring two mobile…
The Federal Board of Revenue (FBR) is reportedly scrutinizing startups that appeared on the first season of Shark Tank Pakistan. The news was shared by…
The Federal Board of Revenue (FBR) has proposed new regulations under the baggage scheme, which impose a limitation on travelers, permitting them to bring no…
The government has decided to introduce alternate fiscal schemes targeting the profits generated by banks through investments in government securities. This decision occurs against the…
KARACHI: Pakistan Customs has restricted the use of smuggled and tampered automobiles by government officials to curb the misuse of authority. This policy ensures that…
Islamabad: The Federal Board of Revenue (FBR) has introduced a facilitative policy allowing tourists to temporarily import vehicles into Pakistan without paying Customs duties, effective…
The Federal Board of Revenue (FBR) is expected to fall short of its tax collection goal by more than Rs. 255 billion in the first…