Despite all odds, FBR has put in tremendous efforts to achieve the revenue target for the month of August-2023. As against a target of Rs. 649 Billion, FBR was able to collect Rs. 669 Billion net revenue, while refunds amounting to Rs. 42 Billion were issued as Read More...
Caretaker Federal Minister for Finance, Revenue, Economic Affairs And Privatization Ms. Shamshad Akhtar visited Federal Board of Revenue Headquarters today and chaired a meeting to deliberate measures to automate FBR’s operations and to further enhance Read More...
Essential Commodities including sugar and urea are smuggled from Pakistan and goods including POL are smuggled into Pakistan through unfrequented routes spanning the bordering areas of Afghanistan and Iran. These smuggled goods are subsequently transported via trucks Read More...
The Federal Board of Revenue (FBR) has increased the withholding tax rates on immovable property transactions from July 1, 2023.
The new rates are as follows:
Finance Minister Ishaq Dar reiterated that tax measures mentioned in the International Monetary Fund’s (IMF) Letter of Intent (LoI) were already implemented by June 30, 2023.
“I gave a recent explanatory Read More...
ISLAMABAD: The Read More...
The Pakistani government has proposed a number of new taxes in the budget for the fiscal year 2022-23. Read More...
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