Islamabad, December 12, 2023 – The Federal Board of Revenue (FBR) has extended the requirement for electronic sales tax invoicing to the sale of fast moving consumer goods (FMCGs).
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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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SBP Maintains Policy Rate at 22% for Fourth Consecutive Time
Karachi, December 12, 2023 – The State Bank of Pakistan (SBP) announced on Tuesday that it would maintain the benchmark policy rate at 22 percent for the fourth consecutive time.
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OGDCL Propels Production Revival at Kunnar Pasakhi Field
Karachi, December 12, 2023 – The Oil and Gas Development Company Limited (OGDCL) made a significant announcement on Tuesday, revealing the successful revival of production at the Kunnar Pasakhi Deep (KPD) Field.
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Mandatory Issuance of Tax Certificates for Withholding Agents
Karachi, December 12, 2023 – Issuance of tax collection certificates has been made mandatory for withholding agents during tax year 2024.
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FBR Notifies Amended Rules for Sales Tax Integration
Karachi, December 11, 2023 – Federal Board of Revenue (FBR) on Monday notified amended rules for integration of electronic invoicing and licensing for sales tax registered persons.
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Pakistan Unveils New Visa Regime to Boost Foreign Investment
Islamabad, December 11, 2023 – In a significant move to enhance economic ties and attract foreign investment, Caretaker Prime Minister Anwaar-ul-Haq Kakar announced the launch of a new visa regime for Pakistan on Monday.
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PM Kakar Directs Preparing Plan for Industry Gas Prices
Islamabad, December 11, 2023 – Caretaker Prime Minister Anwaar-ul-Haq Kakar, in a meeting with prominent industrialists and businessmen from Karachi on Monday, directed authorities to formulate a comprehensive action plan addressing the prevailing concerns over gas prices in the industrial sector.
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Pakistan Car Sales Plunge by 50% in Jul-Nov FY24
Karachi, December 11, 2023 – Pakistan’s automotive industry is grappling with a substantial 50 percent decline in car sales during the initial five months of the fiscal year 2023-2024, signaling a challenging economic landscape for the country.
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Release of Tax Exemption Certificates to Non-Residents
Karachi, December 11, 2023 – Federal Board of Revenue (FBR) has issued procedure for release of tax exemption certificates to non-residents during tax year 2024.
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FBR Grants Free Access to Officials for Tax Monitoring
Karachi, December 10, 2023 – Federal Board of Revenue (FBR) has empowered tax officials with free access for monitoring imported goods during tax year 2024.
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