Scheduled maintenance of FBR Helpline

Scheduled maintenance of FBR Helpline

Press Release issued by FBR and informed that FBR helpline is currently under maintenance and will not be fully available. FBR also informed that taxpayers can use FBR email address for their queries. Press Release…

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Sales Tax Rate on Petroleum Products Further Reduced by FBR

Sales Tax Rate on Petroleum Products Further Reduced by FBR

Federal Board of Revenue (FBR) on Tuesday slashed sales tax rates on petrol and high speed diesel (HSD) in order to reduce the impact of high oil prices at consumer end. The FBR issued SRO 88(I)/2022…

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FBR Property Valuation 2022

FBR Property Valuation 2022

The Federal Board of Revenue (FBR) has extended the deadline for implementing the revised FBR Property valuation rates 2022 of properties in 40 major urban cities by holding its notification in abeyance till January 31,…

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FBR’s Revised Valuation Rates of Immovable Properties suspended again

FBR’s Revised Valuation Rates of Immovable Properties suspended again

The Federal Board of Revenue (FBR) on Tuesday suspended again the new revised property valuation rates notified through SROs No 1534(1)/2021 to 1572(1)/2021 dated December 1, 2021 up to January 31, 2022. The new valuation…

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FBR decides to integrate foreign exchange dealers with Point of Sale system

FBR decides to integrate foreign exchange dealers with Point of Sale system

The Federal Board of Revenue (FBR) has decided to integrate the foreign exchange dealers with its Point of Sale (POS) system to keep an eye on the trading activities of the forex market. According to…

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About FBR’s Revised Valuation Rates of Immovable Properties

About FBR’s Revised Valuation Rates of Immovable Properties

The buyers and sellers of immovable properties across the country are unsure about the legal status of the applicability of the FBR’s valuation rates of Properties from 16 January 2022. The Federal Board of Revenue…

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List of Prize winners of point of sales prize Scheme of FBR draw held on 15th January 2022

List of Prize winners of point of sales prize Scheme of FBR draw held on 15th January 2022

The Federal Board of Revenue has announced a very interesting FBR POS Prize Scheme in which you can win 10,00,000 Rupees every month. FBR Announces prizes for purchasing any item from the Shops/Retailers/ Superstores affiliated…

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FBR starts budget preparation exercise for 2022-2023

FBR starts budget preparation exercise for 2022-2023

The Federal Board of Revenue (FBR) has started budget preparation exercise for 2022-2023. In this regard, the FBR has issued a letter to all Chamber of Commerce and Industry seeking customs-related budget proposals for 2022-23.…

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New definition of ‘exported goods’ as per SRO issued by FBR

New definition of ‘exported goods’ as per SRO issued by FBR

The Federal Board of Revenue (FBR) has changed the definition of the exported goods for claiming duty drawback covering supplies against international tenders or supply to industrial units, projects, institutions, agencies, and organisations. The FBR…

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FBR introduced list of mandatory documents for claim of duty drawbacks

FBR introduced list of mandatory documents for claim of duty drawbacks

The Federal Board of Revenue (FBR) has introduced a mandatory requirement of six documents for the claim of duty drawbacks on local supplies, free of duty imports, and taxes to avoid any misuse of the…

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