FBR Introduces Sales Tax Refund Mechanism for Pharmaceuticals Sector
The Federal Board of Revenue (FBR) on Monday introduced mechanism for payment of sales tax refund to…
FBR Launched ‘Automated Currency Declaration System’
The Federal Board of Revenue (FBR) in collaboration with the Federal Investigation Agency (FIA) and…
FBR increased regulatory duty on import of luxury vehicles from January 27, 2022
The Federal Board of Revenue (FBR) has imposed / increased regulatory duty on the import of luxury…
FBR starts budget preparation exercise for 2022-2023
The Federal Board of Revenue (FBR) has started budget preparation exercise for 2022-2023. In this…
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…
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…
FBR achieves historic revenue collection growth in November 2021
The Federal Board of Revenue (FBR) has exceeded the five-month tax collection target by Rs298…
FBR introducing virtual assessments of imported goods
The Federal Board of Revenue (FBR) will introduce the concept of virtual assessment of imported…
FBR to penalize tax officials putting external pressures on FBR management
The Federal Board of Revenue (FBR) has decided to penalize the tax officials putting external…
FBR formed a committee to investigate alleged valuation fraud
The Federal Board of Revenue (FBR) has constituted a fact finding committee to probe the alleged…
