Islamabad: The World Bank has heavily criticized Pakistan’s tax system, labeling it as “highly unfair and absurd.” In a recent discussion, the World Bank highlighted several key flaws in the …
FBR
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CareerTop Trending News
Downsizing: Govt Plans to Cut 30,968 Public Jobs
by Umar Sohailby Umar SohailIslamabad: Federal government has decided to abolish 30,968 government posts as part of its rightsizing initiative, aimed at improving efficiency and focusing on core responsibilities. This decision was shared with …
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BusinessOthers
FBR Proposes Tax Relief for Low and Middle-Income Salaried Class, Pending IMF Approval
by Umar Sohailby Umar SohailIn a move aimed at providing financial relief to the salaried class, the Federal Board of Revenue (FBR) has proposed a tax exemption for individuals earning up to Rs. 600,000 …
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BusinessTop Trending News
IMF Engages with FBR on Tax Reforms, Public Procurement
by Umar Sohailby Umar SohailISLAMABAD: Representatives from the Federal Board of Revenue (FBR) and the Supreme Court Bar Association (SCBA) held discussions with a visiting mission from the International Monetary Fund (IMF) on Monday. …
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Tech & TelecomTop Trending News
Telecom Sector Grappling with Taxation and Regulatory Hurdles
by Umar Sohailby Umar SohailIslamabad: Pakistan’s telecom industry is currently navigating a complex web of taxation, regulatory ambiguity, and pricing challenges, which are stifling growth, investment, and innovation. These issues also spill over into …
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The Federal Board of Revenue (FBR) has issued crucial directives for retailers and businesses mandated to issue digital invoices. It’s time to connect!
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BusinessTop Trending News
IMF Technical Team to Visit for Budget Proposals on April 15
by Umar Sohailby Umar SohailIslamabad, April 11: A technical team from the International Monetary Fund (IMF) is scheduled to arrive in Pakistan on April 14, 2025, to begin discussions with the Federal Board of …
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BusinessTop Trending News
Salaried Class to Get Relief in Coming Budget, Finance Minister
by Umar Sohailby Umar SohailIslamabad, April 11: Federal Finance Minister Muhammad Aurangzeb announced that the upcoming federal budget will provide much-needed relief to salaried individuals, along with further reductions in electricity costs. He confirmed that …
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Islamabad, Apr 10, 2025: The number of businesses and companies registered with the Federal Board of Revenue (FBR) has exceeded 12.5 million, according to the latest data presented in the …
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Islamabad, April 10: Prime Minister Muhammad Shahbaz Sharif chaired a review meeting on the Export Facilitation Scheme (EFS), during which interim recommendations were presented by the committee. The committee was …