Karachi, December 27, 2023 – The Federal Board of Revenue (FBR) has embarked on a significant overhaul, initiating the replacement of the existing Web Based One Customs (WeBOC) with a state-of-the-art customs digital management system.
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The Federal Board of Revenue is Pakistan’s apex tax agency, overseeing tax collection and policies. Pakistan Revenue is committed to providing timely updates on the Federal Board of Revenue to its readers.
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FBR Opens Tax Collection Window on Last 2023 Weekly Holidays
Karachi, December 27, 2023 – The Federal Board of Revenue (FBR) announced on Wednesday the opening of tax offices across the country on the last two weekly holidays of the year.
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Pakistan Releases Prohibited Items List for Foreign Trade in 2024
Karachi, December 27, 2023: The Federal Board of Revenue (FBR), Pakistan’s apex tax collection agency, has unveiled a list of prohibited items for foreign trade during the tax year 2024.
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FBR Unveils Method for Extra Tax Collection on Electricity and Gas
Karachi, December 27, 2023: The Federal Board of Revenue (FBR) has unveiled a detailed procedure for the collection of extra sales tax on electricity and natural gas from industrial and commercial connections.
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Property Transfer Statements Made Mandatory in Pakistan
Karachi, December 26, 2023 – The Federal Board of Revenue (FBR), apex tax agency of Pakistan, has made it mandatory for individuals involved in attesting or registering immovable property to furnish a monthly property transfer statement.
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FBR Grants Tax-Free Petroleum Product Sharing to OMCs
Karachi, December 26, 2023 – The Federal Board of Revenue (FBR) has granted permission for tax-free sharing of petroleum products among Oil Marketing Companies (OMCs).
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FBR Announces Postings of Senior IRS Officers on Public Holiday
Karachi, December 25, 2023 – In an unusual move, the Federal Board of Revenue (FBR) made significant announcements regarding the postings of senior officers of the Inland Revenue Service (IRS) on a public holiday today, December 25, 2023.
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FBR Flexes Muscles to Capture 1.5 Million New Taxpayers
Islamabad, December 25, 2023 – The Federal Board of Revenue (FBR) is flexing its muscles in a bold move to capture 1.5 million new taxpayers and boost tax base of Pakistan.
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Pakistan Achieves Landmark High of 5.37 Million Active Taxpayers
Karachi, December 25, 2023 – The Federal Board of Revenue (FBR) on Monday announced Pakistan achieved a record high of 5.37 million active taxpayers for the 2022 tax year.
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Pakistan Updates List of Mandatory Tax Filers
Karachi, December 24, 2023 – Pakistan has updated its list of mandatory tax return filers in a move to enhance fiscal transparency and broaden the tax base.
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