FBR

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.

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

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

Current Account Surplus Likely for Pakistan with $2.92B Exports.

FBR sends notices for July 2022 recoveries.

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

Tax Amendment 2024 bill will be scrutinized again by the subcommittee today.

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

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

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

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

Salaried class paid 40% more compare to FY23.