Tax
FBR Chairman Discloses That Only 12 Pakistanis Declare Wealth Above Rs10 Billion
3 min read
Rashid Langrial, Chairman of the Federal Board of Revenue (FBR), disclosed an eye-opening fact during a National Assembly subcommittee meeting only twelve Pakistanis reported assets…
Public Reactions Intensify Over FBR’s Rs6bn Honda City Car Procurement
2 min read
The Federal Board of Revenue (FBR) has faced public backlash for deciding to buy 1,010 new Honda City 1.2L CVT cars, which will cost around…
Senate Committee Urges PTA to Lower Taxes on Mobile Phones Amid Affordability Concerns
2 min read
The Senate Standing Committee has called on the Pakistan Telecommunication Authority (PTA) to reconsider mobile phone taxes, with an emphasis on reducing them to more…
New Tax Relief for Overseas Pakistanis Investing in Real Estate
2 min read
KARACHI: Overseas Pakistanis can now enjoy exemption from higher taxes under Sections 236C and 236K, regardless of their inclusion on the Active Taxpayers List (ATL).…
FBR Partners with Banks to Tackle Tax Evasion with Account Insights
2 min read
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…
Startups from Shark Tank Pakistan Face Scrutiny by FBR Over Tax Discrepancies
2 min read
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…
KP Launches Training Program to Boost Youth Skills
2 min read
The government of Khyber Pakhtunkhwa has introduced several initiatives to enhance the province’s infrastructure, create more employment opportunities, and equip its citizens with valuable skills.…
iPhone 16 Series PTA Tax Update for December 2024 in Pakistan
2 min read
Are you thinking of bringing an Apple iPhone 16 model to Pakistan or sending it to loved ones? Here’s the catch: without paying the PTA…
FBR Launches ‘ePayment 2.0’ for Easier Tax Payments
3 min read
ISLAMABAD: A new payment creation solution, ePayment 2.0, has been adopted by the Federal Board of Revenue (FBR) as part of changes designed to improve…
e-Pay Punjab Hits Rs. 600 Billion Milestone in Tax Revenue
2 min read
LAHORE: e-Pay Punjab is an online payment service created by the Punjab Information Technology Board (PITB) and the Punjab Finance Department. Since its launch in…
FTO Urges FBR to Strengthen Cybersecurity Following Rs 81.43 Billion Tax Fraud Incident
3 min read
The Federal Tax Ombudsman (FTO) has called for immediate measures to secure taxpayer data and take action against those responsible for a major cybersecurity breach…
FBR Confirms No Further Extensions for Income Tax Return Deadline
2 min read
The Federal Board of Revenue has decided that there will be no more extensions to the deadline for filing income tax returns. The FBR has…
FBR Implements Up to 75% Hike in Property Rates Across 56 Pakistani Cities
2 min read
The Federal Board of Revenue (FBR) has raised real estate prices across major cities nationwide, with the updated national rates set to take effect on…
