SHC suspends FBR’s Rs25 billion deal for Implementation of Track & Trace system

SHC suspends FBR’s Rs25 billion deal for Implementation of Track & Trace system

Implementation of Trace and Track system introduced by FBR is no doubt very important step of government and FBR. From the start of its development it has become controversial. The contract awarded for implementation of…

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FBR introducing tax stamps for track & trace system from July 2021

FBR introducing tax stamps for track & trace system from July 2021

The Federal Board of Revenue (FBR) expects to introduce tax stamps on products in various sectors from July 2021. FBR said the installation of track and trace systems in various sectors would be a game…

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FBR to reintroduce track and trace system for tobacco products by the end of June 2021

FBR to reintroduce track and trace system for tobacco products by the end of June 2021

The Federal Board of Revenue (FBR) may reintroduce the track and trace system for tobacco products through a modified strategy in late June 2021, when a high court ruled that the previous system was not…

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Track and Trace System: Contract signed between FBR and AJCL

Track and Trace System: Contract signed between FBR and AJCL

The Federal Board of Revenue and AJCL along with its lead partners Authentix Inc. USA and Mitas Corporation of South Africa signed a contract to operate the tracks and trace systems for specific sectors such…

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FBR will launch a track and trace system by July 2021

FBR will launch a track and trace system by July 2021

Federal Board of Revenue (FBR) officials say the track and trace system will be implemented in July 2021. It will help to increase revenue collection in the country. Addressing the Senate Standing Committee on Finance,…

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FBR’s datewise activities in year 2020

FBR’s datewise activities in year 2020

FBR ISSUES CLARIFICATION (Federal Board of Revenue has issued a clarification regarding extension in Prime Minister’s Construction package.) Dec 31, 2020 2.19 MILLION INCOME TAX RETURNS FILED Dec 26, 2020 SMUGGLED GOODS WORTH 29 BILLION SEIZED…

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