In a recent turn of events that has the telecom industry at odds with the Federal Board of Revenue (FBR), Cellular Mobile Operators (CMOs) in Pakistan have voiced significant apprehensions regarding the FBR’s directive to block SIM cards of tax non-filers.
(more…)Author: Mrs. Anjum Shahnawaz
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FBR Announces Key Team for Digital Transformation of Tax System
Islamabad, May 7, 2024 – The Federal Board of Revenue (FBR) has announced the formation of a project management team tasked with overseeing the digitalization of Pakistan’s tax system.
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PM Shehbaz Commits Unwavering Support to Saudi Investment
Prime Minister Shehbaz Sharif has extended Pakistan’s steadfast backing to Saudi investment endeavors, promising a conducive environment for investors and businessmen to swiftly execute their projects in Pakistan through joint ventures.
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Summer Heatwave Intensifies Across Pakistan on May 7th
The Pakistan Meteorological Department (PMD) has issued a heat advisory for Tuesday, May 7th, warning of a significant rise in summer temperatures across most parts of the country.
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Saudi Arabia Signals Strong Economic Ties with Pakistan
Pakistan has emerged as a high-priority economic opportunity for Saudi Arabia, according to Deputy Investment Minister Ibrahim Almubarak. This sentiment was echoed at the recently concluded two-day Pakistan-Saudi Arabia Investment Conference held in Islamabad.
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FBR to Enforce SIM Blocking of Non-Filers Despite PTA Refusal
In a recent move aimed at increasing tax compliance, the Federal Board of Revenue (FBR) has affirmed its intention to block the mobile phone SIMs of non-filers of income tax returns for the tax year 2023.
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High-Profile Saudi Trade Delegations Arrives in Islamabad
Islamabad, May 5, 2024 – A significant stride towards enhancing bilateral economic relations between Saudi Arabia and Pakistan was marked by the arrival of a high-profile Saudi trade delegation in Islamabad on Sunday.
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Pakistan Braces for Sizzling Temperatures on May 6, 2024
Islamabad, May 5, 2024 – Residents across Pakistan are advised to prepare for rising temperatures as the Pakistan Meteorological Department (PMD) forecasts a significant increase in mercury levels for Monday, May 6, 2024.
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Pakistan Railways Generates Rs 66 Billion in Nine Months
Pakistan Railways has reported an unprecedented revenue generation of Rs 66 billion during the first nine months of the fiscal year 2023-24. This figure is a substantial leap from the Rs 39 billion recorded during the same period in the previous year, setting the department on a course to achieve a projected annual revenue of Rs 80 billion.
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Pakistan Set to Unveil New Industrial Policy in 2024-25 Budget
Pakistan is poised to introduce a comprehensive new industrial policy in the upcoming 2024-25 budget, according to Rana Tanveer Hussain, the Federal Minister for Industry and Production.
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