Pakistan, under Import Policy Order 2022, has granted a scheme of duty free import of cars for disabled persons into the country.
(more…)Tag: FBR
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 directs IR offices to ensure recovery of tax arrears
LAHORE: Asim Ahmad, Chairman, Federal Board of Revenue (FBR) has directed offices of Inland Revenue (IR) to ensure recovery of tax arrears.
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FBR sets up committee for developing sales tax return filing portal
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday set up a committee for development and designing the single portal for filing of sales tax return at national level.
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FBR directed to examine sales tax deduction on computerized arms licenses
ISLAMABAD: Federal Board of Revenue (FBR) has been directed to examine chargeability of sales tax on computerized arms license in the form of cards.
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Collector given powers to sanction unlimited refund amount
In a significant development, the Federal Board of Revenue (FBR) has granted unprecedented powers to the collector of customs, allowing them to sanction an unlimited amount of refunds.
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FBR adds about 60,000 new return filers to weekly active taxpayers list
ISLAMABAD: Federal Board of Revenue (FBR) on Monday added about 60,000 new income tax return filers to weekly active taxpayers list (ATL).
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FBR nets 96 big retailers for POS integration
ISLAMABAD: Federal Board of Revenue (FBR) on Friday identified 96 big retailers for mandatory integration with Point of Sale (POS) system.
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Massive increase in prices of 1400CC+ cars likely after luxury sales tax
Experts estimated a massive hike in prices of cars with capacity of 1400CC and above after imposition of sales tax rate at 25 per cent.
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Complete PCT details of imported CBU motor vehicles for 25% sales tax
KARACHI: Federal Board of Revenue (FBR) issued Pakistan Customs Tariff (PCT) details of Completely Built Up (CBU) imported motor vehicles on which sales tax at 25 per cent is applicable.
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FBR issues list of luxury imported, local goods for imposing 25% sales tax
The Federal Board of Revenue (FBR) in Pakistan issued a comprehensive list on Wednesday, March 8, 2023, outlining the imposition of a 25% sales tax on both imported and locally produced luxury goods.
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