FBR Tax

Government Halts Tax Relief for Property Purchases

Government Halts Tax Relief for Property Purchases

It is reported by Express Tribune that the government has halted property tax relief, which was going to be announced to force growth in 2020.

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NA Committee on Finance Postpones Tax Amendment Bill 2024

NA Committee on Finance Postpones Tax Amendment Bill 2024

The Tax Amendment Bill has been postponed by the NA Committee on Finance

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Govt expected to give relief on Property Transfers

Govt expected to give relief on Property Transfers

It is expected the government might withdraw excise duty on property transfers.

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FBR demands additional staff and more logistics to increase taxes.

FBR demands additional staff and more logistics to increase taxes.

FBR has been facing a tax shortfall due to its overestimated targets and low growth of the Pakistan economy.

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FBR ends a 25% tax cut for teachers and researchers.

FBR ends a 25% tax cut for teachers and researchers.

FBR sends notices for July 2022 recoveries.

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FBR Struggles to Meet IMF Tax Targets for the current fiscal year.

FBR Struggles to Meet IMF Tax Targets for the current fiscal year.

A tax shortfall by FBR is reported at around 468 billion rupees during the past 7 months of this fiscal year.

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FBR to Enforce Digital Payments and POS Systems in Retail Sector

FBR to Enforce Digital Payments and POS Systems in Retail Sector

FBR Cracks Down on Retailers: Strict Sales Tax Changes and Digital Payment Mandates.

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SBP Cuts Interest Rate by 1% to 12% to Boost Economic Growth.

SBP Cuts Interest Rate by 1% to 12% to Boost Economic Growth.

Due to lower inflation and lower growth rate SBP cut 100bps.

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Senators Demand Halt on FBR’s Car Purchase Amid Allegations of Misuse of Taxpayer Funds

Senators Demand Halt on FBR’s Car Purchase Amid Allegations of Misuse of Taxpayer Funds

Today, in the Senate Standing Committee for Finance, senators grilled an FBR official about ordering 1010 Honda Cities cars within 5 months.

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NA Standing Committee postpones Tax Amendment Bill 2024 Voting

NA Standing Committee postpones Tax Amendment Bill 2024 Voting

The bill has been now sent to sub committee, which will report back in ten days with recommendations.

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The salaried category in Pakistan contributed 368 billion tax in FY24.
FBR will purchase over 1000 Honda City cars within 5 months.

FBR will purchase over 1000 Honda City cars within 5 months.

FBR will purchase over 1000 cars from January to May 2025.

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