Islamabad, December 21, 2023 – The Iranian envoy to Pakistan, Dr. Reza Amiri Moghaddam, urged the Federal Board of Revenue (FBR) on Thursday to facilitate a smoother flow of barter trade between the two neighboring nations.
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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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Car Imports in Pakistan Soar Fourfold in November 2023
Karachi, December 21, 2023 – Car imports into Pakistan have surged by an astonishing fourfold during the month of November 2023 on a Year on Year (YoY) basis, according to official data released on Thursday.
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Foreign Diplomats in Pakistan Require Permission for Zero-Rating
Karachi, December 21, 2023 – The Federal Board of Revenue (FBR) has introduced a requirement for foreign diplomats in Pakistan to obtain explicit permission for zero-rating of sales tax supplies.
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Tax Officers Barred from Entering Homes After Sunset for Arrests
Karachi, December 21, 2023 – Tax officers across the country are now prohibited from entering dwelling houses to make arrests after sunset, according to the recently updated Income Tax Rules, 2002 for the tax year 2024.
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FBR Transfers 98 Customs Officers in Mega Reshuffle
Islamabad, December 20, 2023 – In a significant development, the Federal Board of Revenue (FBR) announced a major reshuffle with the transfer and postings of 98 customs officers on Wednesday.
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Pakistan Sharply Cuts Interest Rates on Saving Schemes
Karachi, December 20, 2023 – Pakistan has implemented substantial cuts to the interest rates on saving schemes, despite maintaining a higher benchmark policy rate.
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FBR Streamlines e-Audit Procedures for Tax Year 2024
Karachi, December 20, 2023 – The Federal Board of Revenue (FBR) has introduced a streamlined procedure for the electronic audit (e-audit) of taxpayers during the tax year 2024.
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FBR Commissioner Authorized to Issue Arrest Warrants
Karachi, December 20, 2023 – A commissioner of the Federal Board of Revenue (FBR) is now empowered to issue arrest warrants for tax defaulters.
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Pakistan Stock Market Crashes by 3.64% Amid Correction
Karachi, December 19, 2023 – The Pakistan stock market experienced a significant downturn on Tuesday, with a staggering 3.64% decline attributed to what analysts term as a correction.
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Pakistan Achieves Highest-Ever 5.32 Million Active Taxpayers
Karachi, December 19, 2023 – Pakistan has etched its name in history by achieving an unprecedented milestone of 5.32 million active taxpayers, as disclosed by the Federal Board of Revenue (FBR).
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