FBR introducing virtual assessments of imported goods
The Federal Board of Revenue (FBR) will introduce the concept of virtual assessment of imported…
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…
Tax Collections Increased by 37%
The Federal Board of Revenue (FBR) collected Rs1.84 trillion in just four months, an increase of 37%…
IMF demands closure of Bank Accounts of public sector entities
The International Monetary Fund (IMF) has placed a condition on Pakistan to close all the bank…
Jazz Gets Best Taxpaying Company Award
Jazz Telecommunication Company has been awarded the ‘Best Taxpaying Company’ award under the…
FBR unearths massive tax evasion
Collectorate of Customs Export, Port Muhammad Bin Qasim (PMBQ) has identified a massive tax evasion…
Cyber attack on FBR websites, affected all data centers, and shipments
The Federal Board of Revenue (FBR) has been the target of a cyber attack by hackers that has shut…
List of sales tax exemptions granted in budget 2021-2022
Under section 13 of The Sales Tax Act 1990, the Sixth Schedule of the Sales Tax Act, 1990…
FBR notifies Export Facilitation Scheme 2021
Federal Board of Revenue has notified Rules for new Export Facilitation Scheme 2021 which will be…
FBR takes new steps for ease of doing business & taxpayers facilitation
FBR has launched single identifier number for all domestic taxes. Under this initiative a taxpayer…
