FBR

ISLAMABAD: (Web Desk) - The Federal Board of Revenue (FBR) has disclosed that tax and customs disputes worth nearly Rs5.7 trillion are currently tied up in 50,732 cases pending before courts and tribunals across Pakistan, leaving a…

ISLAMBAD: (Web Desk)- The Federal Board of Revenue (FBR) has reduced the valuation of immovable properties in Islamabad by 10 to 30 percent across various sectors of the federal capital through S.R.O. 644(I)/2026 issued on Thursday,…

ISLAMABAD (Web Desk):Prime Minister Muhammad Shehbaz Sharif on Wednesday directed the relevant authorities to immediately take legal action against all individuals involved in the illegal practice of over-invoicing. Chairing a review…

ISLAMABAD (Web Desk) -  The Federal Board of Revenue (FBR) has issued a new customs valuation for several used mobile phones imported from abroad. According to the updated valuation, the customs value of older models from Apple, Samsung,…

Karachi – Pakistan Customs has foiled a major drug smuggling attempt at Karachi Airport, intercepting 2.26 kilograms of marijuana with an estimated market value of Rs. 42 million. Officials from the Collectorate of Customs (Airports),…

Islamabad - (Special Correspondent / Web Desk) - Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has praised the Federal Board of Revenue (FBR) field units for achieving record tax collection in December. Addressing…

Islamabad: The Federal Board of Revenue (FBR) has taken note of concerns expressed by traders, stakeholders, and trade bodies about the proposed procedure regarding non-levy of federal taxes on goods imported for exclusive consumption in…

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…