45 stories found
Pakistan's Jamaat-i-Islami (JI) party has issued a legal notice seeking Rs1 billion in damages from former Federal Board of Revenue (FBR) chairman Shabbar Zaidi over allegations that the party received money to suppress public protests.
Pakistan's Prime Minister has instructed the Federal Board of Revenue (FBR) to develop a scientific method for assessing tax potential and ordered the Sky47 AI national data centre to be available to all government institutions.
Prime Minister Shehbaz Sharif has instructed Federal Board of Revenue (FBR) officials to hold monthly meetings with Karachi businesses to address concerns, improve tax compliance, and promote investment.
The Prime Minister of Pakistan has praised the Federal Board of Revenue (FBR) for exceeding its revenue collection target, achieving a record tax haul of over Rs12.957 trillion.
Pakistan's Federal Board of Revenue (FBR) is reportedly considering a shift from monthly tax collection targets to a fiscal-year-based performance evaluation system for its field formations, aiming to reduce pressure.
Punjab plans to establish a unified revenue authority modeled after the Federal Board of Revenue (FBR) during the upcoming fiscal year, aiming to consolidate all provincial taxes under a single institutional framework.
Pakistan's Federal Board of Revenue (FBR) is considering a faceless tax regime and proposing tougher actions against fraud in the upcoming Finance Bill for FY27.
Pakistan's Federal Board of Revenue (FBR) has reported a widening revenue shortfall, reaching Rs868 billion over an 11-month period.
The Islamabad High Court (IHC) is reviewing a challenge by the Federal Board of Revenue (FBR) regarding the powers of the tax ombudsman, questioning the legality of suo motu proceedings.
An inspector from the Federal Board of Revenue (FBR) was critically wounded in a shooting incident in Clifton, Pakistan, leading to a case being registered against the son of an ex-police officer.
Pakistan's Federal Board of Revenue (FBR) has introduced a new rule for taxing YouTubers, which is being criticized as one of the most incoherent bits of rulemaking in the tax collector's history.
Pakistan's Federal Board of Revenue (FBR) fell short of its tax collection target by Rs610 billion, with the Middle East conflict cited as a contributing factor.
A fact-check by Geo News confirms that Pakistan's Federal Board of Revenue (FBR) has not introduced any new tax break specifically for senior citizens.
The International Monetary Fund (IMF) is reportedly set to establish new tax benchmarks for Pakistan's Federal Board of Revenue (FBR), focusing on audits, digital invoicing, and enforcement outcomes.
Pakistan's Federal Board of Revenue (FBR) is resisting an IMF proposal for an asset-based tax for traders, citing past failures of similar tax schemes.
Pakistan's Federal Board of Revenue (FBR) has linked the steel tax to power consumption, setting a rate of Rs30 per unit for most and Rs5 for scrap importers.
Officers of Pakistan's Federal Board of Revenue (FBR) are facing increased scrutiny regarding their performance, stemming from measures taken by the tax authority over the past two years.
Pakistan's Federal Board of Revenue (FBR) has proposed a simplified and voluntary income tax regime aimed at bringing 3.5 million small shopkeepers and traders with an annual turnover of Rs200m into the tax net by 2026-27.
Pakistan's Federal Board of Revenue (FBR) has missed its International Monetary Fund (IMF) target by Rs975 billion, impacting critical areas like defence, dams, and fuel prices.
Former presidents of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) are urging the outsourcing of the Federal Board of Revenue (FBR) to Artificial Intelligence, stating that IMF policies have pushed 50% of the population into poverty.
The Sindh Chief Minister stated that the Sindh budget was prepared under constitutional arrangements. The Federal Board of Revenue (FBR) has set a target of Rs15.264 trillion, with provinces expected to receive their share up to Rs13.35 trillion.
The Federal Board of Revenue (FBR) has implemented a reshuffle of its officers with the objective of improving tax collection efficiency and boosting revenue.
Pakistan's Federal Board of Revenue (FBR) has fallen short of its tax collection target by Rs864 billion, necessitating a daily collection of Rs91.6 billion in June to meet the annual goal.
The Federal Shariat Court (FCC) has dismissed appeals from the Federal Board of Revenue (FBR) and ruled that Section 7E is unconstitutional, rendering all actions taken by the FBR under this section unlawful.
Pakistan's Supreme Court and the Federal Board of Revenue (FBR) are set to streamline data sharing processes, with the Chief Justice emphasizing the importance of effective tax dispute resolution for public confidence.
Pakistan's Federal Board of Revenue (FBR) has put forward a proposal to impose taxes on earnings generated through social media platforms.
The federal government of Pakistan has established a task force aimed at reforming, revamping, and strengthening the legal wings and revenue litigation framework of the Federal Board of Revenue (FBR).
Geo News fact-checks a claim, confirming that Pakistan's Federal Board of Revenue (FBR) has not introduced a new tax break for senior citizens.
Pakistan's Federal Board of Revenue (FBR) plans to recover a Rs100 billion surcharge as the government seeks IMF approval to abolish a super tax and struggles to meet its financial targets.
ISLAMABAD: The Federal Board of Revenue (FBR) missed its projected collection target by a staggering Rs429 billion during the first eight months of 2025-26. However, the collection recorded an 11 per cent increase to Rs8.121 trillion during July-February FY26, compared with Rs7.334tr raised in the same period last year, according to provisional figures released on Saturday. The FBR had set a revenue collection target of Rs8.550tr for 8MFY26. The revenue shortfall is primarily attributed to a ...
Pakistan's Federal Board of Revenue (FBR) surpassed its July revenue target by Rs30 billion, though concerns remain regarding an income tax shortfall. The cabinet also reportedly rejected a proposed purchase ban.
Pakistan's Supreme Court has ruled in favor of the Federal Board of Revenue (FBR) in a tax case, emphasizing the importance of mandatory legal requirements, particularly those concerning banking channels.
Pakistan's tax machinery is reportedly becoming more stringent, yet the recovery of actual revenue is increasingly difficult, despite a new production monitoring system rolled out by the Federal Board of Revenue (FBR).
Pakistan's Federal Board of Revenue (FBR) failed to provide requested tobacco tax data to a Senate sub-committee, prompting the panel to demand a 20-year record and the FIA to investigate the Badshah Wazir case.
Pakistan's Federal Board of Revenue (FBR) informed a Senate sub-committee that estimated tax theft in the tobacco sector is around Rs40 billion annually, significantly lower than the government's public claim of $1 billion (Rs280 billion).
Jewellers in Pakistan have closed their shops in protest against the Federal Board of Revenue (FBR), expressing their grievances over current policies.
The Prime Minister has directed the Federal Board of Revenue (FBR) to implement an automated, faceless tax system in the capital to enhance compliance and efficiency.
Pakistan's Federal Board of Revenue (FBR) is exploring the use of AI-based monitoring and other technology to curb tax evasion and improve revenue collection for the upcoming federal budget.
The government has designated the Federal Board of Revenue (FBR) as the collection agent for the Petroleum Division, tasked with collecting petroleum development levy (PDL) and customs surcharge levy (CSL) on petroleum products.
A Senate Committee in Pakistan has directed the Federal Investigation Agency (FIA) to broaden and expedite its investigation into the theft of 2,828 cartons of cigarettes from Federal Board of Revenue (FBR) godowns in Swabi and Mardan.
Pakistan's Federal Board of Revenue (FBR) plans to impose a 16-66% tax on non-resident YouTubers' earnings from content viewed within Pakistan, seeking Rs195 per 1,000 views.
Pakistan's Federal Board of Revenue (FBR) has directed for fast-track processing of tax refunds, following concerns raised by businesses regarding super tax installments and procedural hurdles.
Pakistan's Federal Board of Revenue (FBR) has linked 13,000 major retailers to its Point of Sale (POS) system, a step taken to fulfill an IMF condition aimed at documenting key economic sectors and tracking sales.
A Senate panel in Pakistan has directed the Federal Board of Revenue (FBR) and investigation agencies to probe the theft of 2,828 cartons of cigarettes, valued at approximately Rs250 million, from FBR godowns.
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has constituted a committee to address taxpayers’ issues following a meeting at the FBR Headquarters with representatives of the Pakistan, Lahore, Karachi, and Rawalpindi-Islamabad tax bar associations. An official statement said members of the Tax Bar Associations apprised the chairman of the challenges being faced by taxpayers, particularly in relation to the super tax and SRO 350(I)/2024. Mr Langrial assured par...