FBR

Islamabad: In a bid to fulfill yet another condition set forth by the IMF, the Federal Board of Revenue (FBR) has announced the initiation of the registration process for retailers and shopkeepers in six major cities across Pakistan. The…

Government to Crack Down on Tax Evasion in Real Estate Sector. ISLAMABAD – Pakistan's new government is set to implement additional taxes on non-filers involved in the sale and purchase of…

Reports suggesting downsizing or external interference are deemed as misrepresentations. In a significant move towards enhancing governance, efficiency, and effectiveness, the government has placed the restructuring…

Islamabad_Federal Board of Revenue creates history by collecting Rs.1021 Billion in December, 2023 and after adjusting refunds of Rs.38 billion issued during the month, reached net collection of Rs.984 billion. Targets for the month as well…

Under the scheme, the valuation of the shop, as determined by the FBR, will be used for tax imposition. In a significant move, the caretaker government, following the IMF's rejection of a fixed scheme for retailers, has finalized the 'Tax…