Islamabad, April 27, 2024 – In a significant move within the Federal Board of Revenue (FBR), Ashhad Jawwad, a seasoned BS-21 officer of the Pakistan Customs Service (PCS), has been appointed as the new Member for Customs Operations.
Islamabad, April 26, 2024 – Prime Minister Shehbaz Sharif has denounced the track and trace system implemented for monitoring goods in several key industries as a complete fraud.
Islamabad, April 25, 2024 – A high-level assessment team from the Organization for Economic Cooperation and Development (OECD) Global Forum on Transparency and Exchange of Information for Tax Purposes concluded a significant two-day onsite visit to Pakistan, rigorously reviewing the country’s implementation of Automatic Exchange of Information (AEOI) protocols, particularly focusing on confidentiality and data […]
ISLAMABAD, April 26, 2024 – The Pakistan Bureau of Statistics (PBS) has reported a notable reduction in the prices of several essential commodities for the week ending on April 25, 2024, offering some relief to consumers amidst ongoing economic challenges.
KARACHI, April 26, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather alert forecasting heavy rains accompanied by thunderstorms and potential flash floods across various regions of Pakistan, including Khyber Pakhtunkhwa, starting Saturday, April 27, 2024.
Karachi, April 24, 2024 – The Pakistan Meteorological Department (PMD) has issued a new weather warning for Balochistan, predicting a significant rain spell that may lead to flooding across various parts of the region until April 27, 2024.
In a move to streamline the tax appeal process, the federal government has introduced a new bill in the National Assembly aimed at curtailing the jurisdiction of the Commissioner Inland Revenue (IR) Appeals of the Federal Board of Revenue (FBR).
Lahore, April 24, 2024 – The Lahore Chamber of Commerce and Industry (LCCI) has formally requested the deferral of several recent Statutory Regulatory Orders (SROs) issued by the Federal Board of Revenue (FBR), citing significant disruptions to business activities.
Islamabad, April 24, 2024 – In a landmark move to strengthen economic ties, Pakistan and Iran have agreed to expedite the finalization of a Free Trade Agreement (FTA).
In a pivotal move aimed at simplifying the tax system, the Khyber Pakhtunkhwa (KPK) government has announced the implementation of a fixed sales tax on services for lawyers and customs agents.