The Federal Board of Revenue (FBR) is taking steps to prevent sugar smuggling and ensure sufficient availability in the domestic market.
(more…)Author: Mrs. Anjum Shahnawaz
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Customs seizes essential commodities worth Rs754 million in anti-smuggling operations
Asim Ahmad, the Chairman of the Federal Board of Revenue (FBR), recently paid a visit to the Customs Intelligence Headquarters in Islamabad to commend the success of recent anti-smuggling operations.
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FBR announces promotion of Inland Revenue Service officers to BS-19
Federal Board of Revenue (FBR) on Wednesday May 03, 2023 announced promotion of Inland Revenue Service (IRS) officers from BS-18 to BS-19.
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FBR signs information sharing pacts with Sindh and Balochistan
In an effort to promote efficiency and transparency in the tax collection system, the Federal Board of Revenue (FBR) has entered into information sharing agreements with two provincial revenue boards, namely the Board of Revenue Sindh and the Board of Revenue Balochistan.
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FBR transfers high-ranking customs officials amid ongoing anti-smuggling operation
On Wednesday, the Federal Board of Revenue (FBR) transferred several high-ranking officials of the Pakistan Customs Service (PCS) to different positions as the country intensified its efforts to combat smuggling.
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FBR misses April target by big margin despite high rates of sales tax, FED
ISLAMABAD: Despite the increase in rates of sales tax and federal excise duty through a recent mini-budget, the Federal Board of Revenue (FBR) missed its tax collection target for April 2023 by over Rs100 billion.
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Government, PTI agree on simultaneous polls but disagree on general election date
On Tuesday, the coalition government led by the Leader of the House in the Senate and Federal Minister for Finance and Revenue Senator Muhammad Ishaq Dar and Pakistan Tehreek-e-Insaf (PTI)’s Shah Mehmood Qureshi agreed on holding simultaneous polls under caretaker governments across the country.
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Prime Minister directs strict action against smugglers of wheat, sugar and urea
On Tuesday, Prime Minister Shehbaz Sharif instructed the authorities to take strict action against smugglers of wheat, sugar, and urea, which negatively impacts Pakistan’s foreign remittances and deprives its people of their rights.
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FBR revokes notification on massive increase in FED on cigarettes
On May 2, 2023, the Federal Board of Revenue (FBR) in Pakistan revoked its earlier notification SRO 178(I)/2023, which had massively increased federal excise duty (FED) rates on cigarettes.
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Pakistan’s exports plunge 12% in first 10 months of FY23, imports down 28%
Pakistan’s economy has been hit hard as the country’s exports fell by 12% during the first ten months of the current fiscal year, according to data released by the Pakistan Bureau of Statistics.
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