FBR

ISLAMABAD – The International Monetary Fund (IMF) has rejected Pakistan’s request to remove the 18 percent GST on contraceptive products. During a virtual meeting, the Federal Board of Revenue (FBR) sought immediate approval to eliminate…

Islamabad: The Federal Board of Revenue (FBR) has suspended its notification regarding the valuation of properties in Islamabad. According to sources, the FBR took the decision to suspend the notification on the directives of the Prime…

ISLAMABAD – The FBR has issued new valuation rates for residential and commercial plots at 68 locations in Islamabad. The fair market value of immovable properties will now be determined according to the revised rates. According to…

ISLAMABAD: The National Assembly’s Finance Committee has called for a reduction in taxes on smartphones, emphasizing that these devices are now essential rather than a luxury. The meeting, chaired by Syed Naveed Qamar, Chairman of the…

ISLAMABAD: Each year in September, the Federal Board of Revenue (FBR) approaches Pakistan Telecommunication Authority (PTA) to send customized text messages reminding taxpayers to file their income tax returns before the statutory deadline.…

Peshawar – In a major crackdown on illegal tobacco production, the Regional Tax Office (RTO) Peshawar uncovered the first and largest-ever cache of undeclared cigarette-manufacturing infrastructure at a factory in Mardan on the night of 5th…

PESHAWAR – The Collectorate of Customs Enforcement Peshawar has seized a major consignment of smuggled and contraband goods valued at PKR 50 million, along with the offending vehicle, during an operation conducted at Nizampur, Pindi Road on…

MARDAN: The Federal Board of Revenue (FBR) has seized 62 cartons of illegal cigarettes and sealed a cigarette factory in Mardan during a raid. According to FBR sources, the Inland Revenue team conducted a raid at the cigarette factory,…

ISLAMABAD – Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has said that Prime Minister Shehbaz Sharif has directed a reduction in the tax rate for the salaried class. Speaking at a Pakistan Business Council seminar in…