Taxation

KARACHI: Customs Intelligence in Karachi conducted an operation that revealed an attempt to evade Rs 27.5 million in taxes regarding the import of edible oil by Food Links Int

A group from the International Monetary Fund (IMF) arrived in Pakistan to collaborate on tax reforms, focusing on broadening the tax base and increasing revenue. Over the cour

ISLAMABAD: The Federal Board of Revenue (FBR) has directed banks to pay a 40% additional tax on windfall income, profits, and gains earned during the calendar years 2021 and 2

ISLAMABAD. Prime Minister Anwaarul Haq Kakar on Tuesday said that the reforms agenda of the FBR was on track and the government was committed to build the capacity of the inst

Prime Minister Anwaarul Haq Kakar has refrained from endorsing the restructuring plan proposed for the Federal Board of Revenue (FBR), citing constitutional concerns and uncer

President Arif Alvi instructed the Federal Board of Revenue (FBR) to reinstate an inquiry against M/s Millat Tractors Ltd (MTL) concerning an alleged improper sales tax refund

The Federal Board of Revenue (FBR) has issued conflicting clarifications on whether flour mills are required to be registered and file tax returns to avail the benefit of SRO

KARACHI: The Federal Board of Revenue (FBR) has reported a tax collection of Rs 2,748 billion from July to October, surpassing its collection target. In October, the FBR achie

The chairman of the Federal Board of Revenue (FBR) has admitted that at least 15 million potential taxpayers are not paying taxes. This statement only reinforces the public's

ISLAMABAD: The Federal Bureau of Revenue (FBR) has initiated the formation of three special committees with the aim of creating a single sales tax portal to enhance citizen co