Karachi, March 10, 2024 – In a bid to enhance user convenience and streamline the tax filing process, the Federal Board of Revenue (FBR) has introduced a user-friendly procedure for amending personal information for the upcoming tax year of 2024.
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FBR, Pakistan’s national tax collecting agency, plays a crucial role in the country’s economy. Pakistan Revenue is committed to providing readers with the latest updates and developments regarding FBR activities.
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FBR Chairman Optimistic about Meeting Revenue Collection Target
Islamabad, March 10, 2024 – Malik Amjed Zubair Tiwana, Chairman of the Federal Board of Revenue (FBR), has expressed his confidence in achieving the revenue collection target for the fiscal year 2023-24.
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FBR Issues SRO to Implement 25% Sales Tax on Motor Vehicles
Islamabad, March 8, 2024 – In a move to generate revenue and discourage the use of non-essential and luxury items, the Federal Board of Revenue (FBR) in Pakistan has notified a 25 percent sales tax on motor vehicles.
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FBR Directs Swift Action on Deferred Sales Tax Refund Claims
Karachi, March 7, 2024 – The Federal Board of Revenue (FBR) has issued crucial instructions to tax offices regarding the expeditious handling of deferred sales tax refund claims.
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PM Shehbaz Directs Resolution for Rs 1.7 Trillion Tax Recovery
Islamabad, March 6, 2024 – Prime Minister Shehbaz Sharif, in a high-level meeting on the restructuring of the Federal Board of Revenue (FBR), directed authorities to expedite the resolution of legal disputes obstructing the recovery of Rs 1.7 trillion in stuck-up taxes.
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PM Shehbaz Orders Complete Digitization of Taxation System
Islamabad, March 5, 2024 – Prime Minister Muhammad Shehbaz Sharif has issued a directive for the immediate digitization of the country’s taxation system, aiming to enhance transparency, boost tax collection, and eradicate issues such as tax evasion, corruption, and smuggling.
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FBR Receives 60,000 New Active Taxpayers in Just Three Days
Karachi, March 4, 2024 – The Federal Board of Revenue (FBR) has experienced a significant boost, registering approximately 60,000 new active taxpayers in just three days since the launch of the latest Active Taxpayers List (ATL).
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FBR Introduces New SOP for Time Extension under Sales Tax Law
Islamabad, March 4, 2024 – The Federal Board of Revenue (FBR) took a significant step on Monday by officially notifying a new Standard Operating Procedure (SOP) for granting time extensions under the sales tax law.
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FBR Clears Rs 65 Billion in Tax Refunds for Exporters
Islamabad, March 4, 2024 – The Federal Board of Revenue (FBR) has achieved a significant milestone by promptly disbursing all outstanding tax refunds to exporters, amounting to a staggering Rs 65 billion.
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Taxpayers Eager to Secure ATL Status to Avoid FBR Action
In Pakistan, taxpayers are currently fervently seeking inclusion in the recently unveiled Active Taxpayers List (ATL) to shield themselves from the stringent measures enforced by the Federal Board of Revenue (FBR).
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