ISLAMABAD: The Federal Board of Revenue (FBR) amassed Rs. 5.15 trillion in tax revenues from July 2023 to mid-February 2024, compared to Rs. 3.973 trillion collected during the same period …
FBR
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ISLAMABAD: Caretaker Law Minister Ahmed Irfan Aslam has expressed reservations about the restructuring of the Federal Board of Revenue (FBR), emphasizing that the interim government lacks the authority to legislate …
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National
Finance Minister’s Efforts to Gain Support for FBR Restructuring Plan Face Opposition from Tax Officers
ISLAMABAD: In a final attempt to garner support for a restructuring plan, Caretaker Minister for Finance Dr. Shamshad Akhtar visited the Federal Board of Revenue’s (FBR) headquarters. Despite spending hours …
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Politics
Shahid Khaqan Abbasi Advises Nawaz Sharif Against Seeking Establishment Support
by Hamza Irshadby Hamza IrshadEstablishment Support LAHORE: In an informal conversation at ThinkFest 2024 in Lahore, former Prime Minister Shahid Khaqan Abbasi shared advice with Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif. Abbasi suggested …
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Latest Updates
FBR Surpasses IMF’s Tax Target: Collects Rs 4.44 Trillion in First Six Months of Fiscal Year
The Federal Board of Revenue (FBR) has exceeded the International Monetary Fund’s (IMF) tax target in the first six months of the current fiscal year. The IMF had set a …
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It has been reported that more than 10,000 officers from the Federal Board of Revenue have not filed their tax returns for the current year. Sources indicate that a significant …
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The Federal Board of Revenue (FBR) has launched an intensive campaign against individuals who have not filed their tax returns, issuing notices to over 700,000 such individuals. This initiative, guided …
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The Federal Board of Revenue (FBR) in Pakistan withdrew its orders to freeze the Pakistan International Airlines (PIA) bank accounts, clarifying that this action does not prevent the pursuit of …
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On Wednesday, the Federal Board of Revenue (FBR) took the decision to freeze the accounts of Pakistan International Airlines (PIA), a move that coincided with the presence of a team …
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Economy
IMF Urges Pakistan to Strengthen Anti-Money Laundering Measures and Enhance Tax Enforcement
by Hamza Irshadby Hamza IrshadISLAMABAD: The International Monetary Fund (IMF) has reportedly urged Pakistan to ensure the rigorous implementation of anti-money laundering laws. Discussions in Islamabad focused on the upcoming review for the disbursement …