In Pakistan, the failure to file an income tax return for a specific tax year triggers a series of actions by the Federal Board of Revenue (FBR).
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Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
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FBR Seeks New Ideas to Boost Revenue from Undertaxed Sectors
Karachi, February 24, 2024 – In a bid to enhance revenue collection and address the issue of undertaxed sectors, the Federal Board of Revenue (FBR) has urged the offices of Inland Revenue (IR) to contribute new and innovative ideas.
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New Govt Formation to Boost Pakistan Stock Market Next Week
Karachi, February 24, 2024 – As the anticipation builds for the formation of a new government in Pakistan next week, financial analysts predict a positive impact on the stock market.
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SBP Facilitates Exporters in Foreign Currency Utilization
Karachi, February 23, 2024 – The State Bank of Pakistan (SBP) announced on Friday a significant move to facilitate exporters by liberalizing the utilization of foreign currency under its ease of doing business initiatives.
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PTBA Concerns Over Tax Justice Delay
Karachi, February 23, 2024 – The Pakistan Tax Bar Association (PTBA) has raised concerns about potential delays in tax cases as a result of the non-availability of tribunal members.
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Bulls Remain in Command as Pakistan Stocks Gain 901 Points
Karachi, February 23, 2024 – The bulls continued to dominate the Pakistan Stocks on Friday, driving the benchmark KSE-100 index to a remarkable gain of 901 points.
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HBL Records Phenomenal 84% Growth in Annual Profit for CY23
Karachi, February 23, 2024 – In a remarkable financial performance, Habib Bank Limited (HBL) has reported an impressive 84 percent growth in its annual profit for the calendar year 2023.
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FBR Seeks Tax Proposals as Pakistan Prepares Budget 2024-25
Islamabad, February 22, 2024 – The Federal Board of Revenue (FBR) has taken a proactive step towards promoting transparency and inclusivity in the upcoming budget formulation process by inviting trade bodies to submit tax proposals for the fiscal year 2024-25.
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Indus Motor to Infuse Rs 3 Billion for Localization of Parts
Karachi, February 22, 2024 – Indus Motor Company Limited made a significant announcement on Thursday, revealing plans for a fresh investment of Rs 3 billion aimed at the localization of parts and components.
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National Bank of Pakistan Registers 70% Profit Growth in CY23
Karachi, February 22, 2024 – The National Bank of Pakistan (NBP) has reported an impressive 70 percent growth in profit after tax for the calendar year 2023.
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