Karachi, April 5, 2024 – Shopkeepers and traders enrolled in the newly launched Tajir Dost Scheme are required to pay super tax and tax on deemed income, as outlined by the Federal Board of Revenue (FBR) through the Tajir Dost (Special) Procedure, 2024.
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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 Enforces Media Silence for Officials, Restricting Interaction
Karachi, April 5, 2024 – The Federal Board of Revenue (FBR) has issued a directive prohibiting its officials from engaging directly with the media, sparking debates over transparency and accountability within the organization.
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IMF Board to Decide on $1.1 Billion Tranche for Pakistan Late April
The International Monetary Fund (IMF) is poised to make a crucial decision regarding Pakistan’s financial assistance, with the Executive Board set to deliberate on the approval of a $1.1 billion tranche by the end of April.
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FBR Grants Electricity Tax Adjustment Under Tajir Dost Scheme
In a bid to provide relief to small-scale retailers and traders, the Federal Board of Revenue (FBR) has announced a significant tax adjustment on electricity bills.
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Pakistan Shows Intention for New IMF Loan Program
Islamabad, April 4, 2024 – Pakistan has expressed its intention to enter into another loan program with the International Monetary Fund (IMF) to strengthen and consolidate its economy.
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Pakistan Stocks Soar to New Historic Peak at 68,417 Points
Karachi, April 4, 2024 – The Pakistan stocks soared to unprecedented heights on Thursday, reaching a new historic peak at 68,417 points, as investor interest surged across various sectors.
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FBR Launches Pakistan Honour Card Scheme for Taxpayers
The Federal Board of Revenue (FBR) has introduced a groundbreaking initiative aimed at recognizing and rewarding the nation’s diligent taxpayers. In a recent development, the FBR issued a Statutory Regulatory Order (SRO) on Thursday, marked as SRO 469(I)/2024 dated April 3, 2024, to inaugurate the “Pakistan Honour Card Scheme.”
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Gold Prices Surge by Rs 2200, Nearing Historic High in Pakistan
April 4, 2024 – Karachi: Gold prices in Pakistan experienced a significant surge on Thursday, climbing by Rs 2,200 and inching closer to historic highs within the nation.
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SBP Sells Rs 558 Billion Treasury Bills, 148% Above Target
Karachi, April 3, 2024 – The State Bank of Pakistan (SBP) made waves in the financial market on Wednesday as it conducted a highly successful auction, selling treasury bills worth a staggering Rs 558 billion.
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FBR to Penalize Shopkeepers and Traders for Registration Failure
Karachi, April 3, 2024 – The Federal Board of Revenue (FBR) has instituted a penalty of Rs 10,000 for shopkeepers and traders who fail to comply with income tax registration requirements, as part of its concerted efforts to bring the large undocumented retail sector into the tax net.
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