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TaxRefunds

09-Oct-2023
To facilitate the taxpayers/exporters, FBR has issued tax refunds amounting to more than Rs. 30 Billion in October, 2023 as against Rs. 22.5 Billion issued in October, 2022.
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TaxRefunds

De-registration of Decreased Individuals

06-Oct-2023
In response to the findings and recommendations of the honorable FTO, Islamabad, as detailed in complaint No. 1345/ISB/IT/2023 dated 15.08.2023, the FBR has been directed to reevaluate the process of ...
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De-registration of Decreased Individuals

Pakistan New Taxation Policy: Taxes Proposed for Low-Income Earners

05-Oct-2023
Pakistan to Implement Progressive Taxation Policy to Bolster Revenue and Fiscal Stability Pakistan is set to implement a progressive taxation policy that focuses on individuals with monthly incomes o...
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Pakistan New Taxation Policy: Taxes Proposed for Low-Income Earners

Pakistani rupee strengthens to two-month high against US dollar.

03-Oct-2023
The Pakistani rupee continued its impressive rally on the eighteenth consecutive working day, surging to a two-month high against the US dollar in the interbank market. According to data from the Stat...
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Pakistani rupee strengthens to two-month high against US dollar.

News about Pakistan Trade Deficit Shrinks 42% In Q1

03-Oct-2023
Pakistan's trade deficit shrinks 42% in Q1   Pakistan's trade deficit contracted by 42% to $5.3 billion in the first quarter of the fiscal year, largely due to a significant drop in imports, ev...
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News about Pakistan Trade Deficit Shrinks 42% In Q1

Clarification & Reply of Queries

03-Oct-2023
Clarification & Reply of Queries [Reported by “Business Recorder” dated 20-01-2006] Vegetable ghee makers asked to pay 15pc GST on byproducts. ISLAMABAD: The Central Board Revenue (...
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Clarification & Reply of Queries

o Collectors request FBR to define “industrial inputs”

02-Oct-2023
o   Collectors request FBR to define “industrial inputs” [Daily, PAKISTAN OBSERVER Monday, March 26, 2012] - Islamabad—Collectors of Customs have requested the Federal Boa...
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o Collectors request FBR to define “industrial inputs”

Pakistani Rupee Extends Winning Streak to 18 Days

02-Oct-2023
Pakistani rupee continues to strengthen against US dollar The Pakistani rupee continued to gain against the US dollar on Monday, rising by 0.40% in the opening hours of trading in the inter-bank mark...
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Pakistani Rupee Extends Winning Streak to 18 Days

Extension for Income Tax Return upto 31/Oct/2023

01-Oct-2023
it has been decided that the date of filing of income tax return for tax year 2023 is extended to 31st october, 2023. however no further extension for filing of said return shall be granted.
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Extension for Income Tax Return upto 31/Oct/2023

FBR SURPASSES TARGET BY RS. 20 BILLION AND REGISTERS 35% GROWTH FOR THE MONTH OF AUGUST-2023

15-Sep-2023
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 reve...
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FBR SURPASSES TARGET BY RS. 20 BILLION AND REGISTERS 35% GROWTH FOR THE MONTH OF AUGUST-2023
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