Federal Board of Revenue (FBR) is planning to increase capital gains tax (CGT) rates and period on immovable properties in order to discourage short-term buying and selling.
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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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FBR allows processing of Uzbek transit goods through ports, terminals
The Federal Board of Revenue (FBR) has announced that Uzbek transit goods can now be processed through Customs-ports and terminals in Karachi Port, Port Muhammad Bin Qasim, and Gwadar Port under the Uzbekistan-Pakistan Transit Trade Agreement.
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FBR settles 3% customs duty on import of FDN-A
The Federal Board of Revenue (FBR) Customs classification committee has ruled that the import of “Sodium Naphthalene Sulphate FDN-A,”
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PM directs installing track, trace system at all cigarette manufacturing units
Prime Minister Muhammad Shehbaz Sharif has directed for the installation of a trace and track system in all cigarette manufacturing units of the country within the next two weeks to combat tax evasion.
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FBR issues rules for trade data dissemination of Pakistan Single Window
Federal Board of Revenue (FBR) on Monday issued rules for dissemination of data of Pakistan Single Window (PSW).
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Latest active taxpayers list gets 3.45 million return filers
Latest active taxpayers list issued by the Federal Board of Revenue (FBR) has been populated with 3.45 million return filers.
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Hosiery manufacturers demand fast release of sales tax refunds
Hosiery manufacturers and exporters have urged the Federal Board of Revenue (FBR) to accelerate the pace of sale tax refund release.
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FBR set to issue fresh valuation tables for immovable properties
ISLAMABAD: Federal Board of Revenue (FBR) is set to issue fresh valuation tables for immovable properties across the country.
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SRB registers remarkable collection growth of 28% in March 2023
KARACHI: Sindh Revenue Board (SRB) has registered remarkable growth of 28 percent in revenue collection in the month of March 2023.
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FBR to reward persons helping new taxpayers in return filing
ISLAMABAD: Federal Board of Revenue (FBR) will reward persons for helping new taxpayers in filing their returns, official sources said on Saturday.
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