Pakistan has recently implemented a new policy regarding the import of mobile phones into the country, official sources said recently.
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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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FTO orders release of illegally detained iPhone-14 and laptops by customs officials
The Federal Tax Ombudsman (FTO) has directed disciplinary proceedings against officials of Pakistasn Customs responsible for the illegal detention of iPhones and laptops.
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FBR increases steel products valuation for sales tax collection
ISLAMABAD: The Federal Board of Revenue (FBR) has revised the valuation of steel products to facilitate increased sales tax collection on the supply of this crucial commodity.
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FBR shuffles senior customs officers in preparations of Eid-ul-Fitr
Federal Board of Revenue (FBR) on Wednesday shuffled a bunch of senior officers of Pakistan Customs Service (PCS) just ahead of Eid-ul-Fitr.
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Pakistan considers increasing tax exempt income threshold for salaried persons
In response to the high levels of inflation faced by Pakistani citizens, the government is considering increasing the tax exempt income threshold for salaried individuals in the upcoming fiscal year.
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Customs classification committee accepts Inland Revenue stance on tea whitener
The Customs Classification Committee has accepted the stance of the Inland Revenue of the Federal Board of Revenue (FBR) regarding the classification of tea whitener.
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FBR adds wheat, sugar and urea in essential items list to combat smuggling
The Federal Board of Revenue (FBR) has recently made an amendment to the Customs Act, 1969, which now includes wheat, sugar, and urea in the list of essential commodities.
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FBR to collect duty and taxes on April 29-30 to compensate for Eid Holidays
ISLAMABAD: The Federal Board of Revenue (FBR) on Monday announced that it will be collecting duty and taxes on April 29th and 30th, 2023, to cover up time lost due to Eid holidays.
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FBR officers face penal action for failure in filing asset declaration
Senior officers of the Federal Board of Revenue (FBR) in Pakistan could face penal action for failing to file their asset declarations.
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President Alvi orders genuine tax refund cannot be refused after late filing claim
President of Pakistan, Dr. Arif Alvi, Sunday ordered that a genuine tax refund cannot be refused even after late filing of a claim.
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