Karachi: The Federal Board of Revenue (FBR) has taken decisive action against prominent Western apparel brand Sowears, sealing its offices and five of its retail outlets in Karachi for allegedly …
FBR
-
-
BusinessTrending Now
Pakistan Loses Tax Revenue to Illicit Trade, Smuggling Rs750bn
by Umar Sohailby Umar SohailIslamabad: A recent report by the Policy Research Institute of Market Economy (PRIME) and the Transnational Alliance to Combat Illicit Trade (TRACIT) reveals that Pakistan loses a staggering Rs 750 …
-
Islamabad, Apr 27, 2025: The Friends of Pakistan, a tax advisory firm, has voiced significant concerns regarding the ongoing reform efforts at the Federal Board of Revenue (FBR). In a …
-
Tech & TelecomTop Trending News
Used Computers, Laptops and Accessories Customs Valuation Decreased
by Umar Sohailby Umar SohailIslamabad: The Directorate General of Customs Valuation in Karachi has significantly lowered the customs values for imported old and used computer systems, including laptops, printers, and related accessories, irrespective of …
-
Entertainment
Sindh High Court Halts FBR Action Against designer Nomi Ansari
by Hamza Irshadby Hamza IrshadIslamabad, 24 Apr, 2025: Designer Nomi Ansari, a well-known name in Pakistan’s fashion industry, has secured temporary relief from the Sindh High Court (SHC) after facing a major tax fraud …
-
Islamabad, Apr 24, 2025: The Federal Board of Revenue (FBR) has announced that all businesses, both corporate and non-corporate, must integrate their hardware and software systems with a computerized platform …
-
Islamabad, Apr 23, 2025: In a significant policy reversal aimed at honoring its commitment to the academic community, the federal government has officially reinstated the 25% income tax concession for …
-
BusinessTop Trending News
Minister meeting IMF, World Bank Heads – Focus on Growth, Reforms
by Umar Sohailby Umar SohailIslamabad: Finance Minister Muhammad Aurangzeb held important meetings with the heads of the IMF and World Bank in Washington, marking the start of a series of high-level discussions as part …
-
Islamabad, Apr 21, 2025: The Federal Board of Revenue (FBR) has relaunched its POS Receipt Reward Program, aiming to tighten its grip on tax evasion and bring transparency to retail …
-
Islamabad, Apr 18, 2025: The Federal Board of Revenue (FBR) has announced that individuals registered for sales tax who apply for de-registration will no longer be eligible for input tax …