FBR Transformation Plan Doubles Tax Returns And Blocks Massive Revenue Fraud
The Federal Board of Revenue blocks 9.8 billion rupees in fraudulent sales tax refunds and doubles tax filings under its national digitization plan.
Federal Board of Revenue Issues New Valuation Ruling on Generator Diesel Engine Imports
The Federal Board of Revenue introduces custom values for imported generator diesel engines to eliminate under-invoicing and standardize tax collections.
SPEC Refinery Materializes Four Point Five Billion Dollar Greenfield Plant Plan in Balochistan
SPEC Refinery Private Limited advances its multi-billion dollar deep-conversion greenfield facility project in Hub to transform national fuel production capacity.
FBR Establishes Dedicated PRAL Front Desk at Large Taxpayers Office Karachi to Ease Digital Services
The Federal Board of Revenue sets up a specialized PRAL facilitation center at the LTO Karachi to resolve technical tax issues and improve digital system access.
Federal Board of Revenue Mandates Tax Identification in Incoming Sea and Border Cargo Manifests
The Federal Board of Revenue issued revised customs clearance guidelines requiring importers to declare tax numbers or identity details at sea ports and border stations.
Federal Board of Revenue Targets 15.3 Trillion Rupee Tax Collection for FY27 Amid Stiff IMF Budget Terms
The Federal Board of Revenue is eye-marking a massive fiscal collection target for next year as the state negotiates income tax cuts and property incentives with global lenders.
Finance Minister Unveils Asaan Fixed Tax Scheme For Retail Shop Owners
Finance Minister Muhammad Aurangzeb launches the Asaan Scheme, introducing a voluntary one percent fixed tax on net income for small shopkeepers to broaden the tax net.
FPCCI Executive Cautions Proposed Sales Tax Hike Will Expand Informal Economy
FPCCI General Secretary Khurram Ijaz warns that an IMF-backed proposal to raise the sales tax to 19 percent will shrink registered taxpayer numbers and fuel the grey economy.
FBR Outlines Simplified Tax Scheme For Small Traders In Upcoming Budget
The Federal Board of Revenue prepares a new Small Taxpayers Guidance System for the FY2026-27 federal budget to ease compliance for small businesses.
FBR Outlines New Simplified Tax Scheme for Small Traders in Upcoming Budget
The Federal Board of Revenue drafts a voluntary Small Taxpayers Guidance System to simplify compliance and lower rates for traders with under 20 million rupees turnover.