Islamabad, May 13, 2024 – The Federal Board of Revenue (FBR) on Monday honored the first batch of traders registered under the Tajir Dost Scheme.
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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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ATL Expands to 4.22 Million Amid SIM Blocking Fears
Karachi, May 13, 2024 – The Active Taxpayers List (ATL) has surged to 4.22 million individuals as the looming threat of SIM card blocking for non-compliance compelled previously non-compliant citizens to make tax filings, sources disclosed on Monday.
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Pakistan Considers Ending Tax Exemptions on Imports
Pakistan is contemplating significant changes to its tax policies, with plans to withdraw tax exemptions on imports in the upcoming budget for the fiscal year 2024-25.
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Telecom Operators Begin Blocking SIMs of Non-Filers in Pakistan
Islamabad, May 10, 2024 – Pakistan’s telecom operators have begun the process of blocking mobile phone SIM cards belonging to individuals who have not filed their income tax returns.
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Aurangzeb Directs FBR to Intensify Detection of Sales Tax Fraud
Islamabad, May 10, 2024 – In a move to clamp down on rampant sales tax fraud and the circulation of fake invoices, Finance Minister Muhammad Aurangzeb instructed the Federal Board of Revenue (FBR) to intensify their detection and investigatory efforts.
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FBR Receives Proposals to Clamp Down Benami Car Purchases
KARACHI, May 9, 2024 – The Federal Board of Revenue (FBR) is considering new measures for the 2024-25 budget to combat benami (anonymous) transactions in the automobile sector and to enhance tax collection across various sectors.
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FBR Initiates Date of Birth Verification for Customs Officials
Islamabad, May 8, 2024 – The Federal Board of Revenue (FBR) has commenced a comprehensive verification of date of birth records for officials within Pakistan Customs, aiming to streamline the process of managing retirement cases and other related administrative matters.
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World Bank Vice President Applauds FBR Reforms
Islamabad, May 8, 2024 – In a significant meeting held at the Federal Board of Revenue (FBR) headquarters on Wednesday, Martin Raiser, Vice President of the World Bank, met with Amjed Zubair Tiwana, the Chairman of FBR and Secretary of the Revenue Division.
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FBR Crackdown on Non-Filers Threatens 2.5 Million SIMs
Karachi, May 8, 2024 – The Federal Board of Revenue (FBR) has issued a directive that could lead to the suspension of approximately 2.5 million mobile phone SIMs.
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FBR Tightens Oversight on Sales Tax Collection via Bank Accounts
Islamabad, May 8, 2024 – The Federal Board of Revenue (FBR) has rolled out new guidelines aiming to enhance the regulatory framework for the collection of sales tax and federal excise duty (FED) through the attachment of taxpayers’ bank accounts.
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