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Experts urge FBR to consider tobacco taxation as public health policy not a revenue-generation tool. Rs 770 billion annual economic burden caused by smoking-related diseases, which is 1.2% of Pakistan’s GDP. The Tobacco Control Knowledge Hub aims to serve as a centralized platform for collaboration, coordination, advocacy, and evidence-based discussion.Read More →

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The tax shortfall has widened to Rs.606 billion in just eight months 2024-25 The FBR provisionally pooled Rs.7.342 trillion during the July-February period of this fiscal year, showing an impressive growth of around 28%. ISLAMABAD  (  WEB  NEWS   ) The tax shortfall has widened to Rs.606 billion in just eightRead More →

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Senate subcommittee on Finance & Revenue discusses solar panel import over-invoicing The company, identified as a dummy entity, imported solar panels worth around Rs 2.29 billion. A staggering Rs 69 billion worth of over-invoicing was detected during the investigation. FBR has identified 80 suspicious companies involved in the solar importRead More →

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PM Shehbaz says significant progress has been made in the last few months regarding digitization & reforms in FBR ISLAMABAD   (  WEB  NEWS  ) Prime Minister Muhammad Shehbaz Sharif has said that the significant progress has been made in the last few months regarding digitization and reforms in Federal BoardRead More →

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Business community must have a say in tax law amendments: Abdur Rehman Siddiqui ISLAMABAD  (   WEB  NEWS   ) Abdul Rehman Siddiqui, the Acting President of the Islamabad Chamber of Commerce and Industry (ICCI), has urged the Federal Board of Revenue (FBR) to involve all stakeholders, particularly the business community, inRead More →

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FBR to implement Faceless Customs Assessment System at Karachi from today   ISLAMABAD   (   WEB  NEWS   ) Under the Transformation Plan, Federal Board of Revenue is going to implement Faceless Customs Assessment (FCA) System from today (Sunday) at Karachi. FCA is one of the key components of the FBR TransformationRead More →

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FBR Withdraws Notification, Allows Multiple Mobile Phones to Be Brought from Abroad Customs Baggage Rules 2006 Amendments Withdrawn for Further Consultation ISLAMABAD  (   WEB  NEWS   ) The Chairman of the Federal Board of Revenue (FBR) has halted the implementation of the proposed ban on bringing more than one mobile phone.Read More →

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Only 2.5 million people out of over 240 million people filed income tax returns two years ago in 2022 Pakistan is struggling to increase revenue base but is hampered by largely undocumented economy KARACHI (  WEB  NEWS   ) Pakistan’s tax authority said Thursday it has blocked 210,000 SIM cards ofRead More →

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FBR & Financial Monitoring Unit (FMU) to enhance coordination to combat illicit finance ISLAMABAD  (  Web News ) Chairman Federal Board of Revenue Malik Amjed Zubair Tiwana emphasised the need for sustained collaboration between Federal Board of Revenue (FBR) and Financial Monitoring Unit (FMU) for development of quality financial intelligenceRead More →

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FBR’s decision to promote Principal Appraisers, Superintendents of Pakistan Customs to Grade 17 5 Superintendents of Pakistan Customs Asim Zaman, Shuja Salam, Shahid Naeem Joya, Naseem Mahmood Cheema, Khawaja Har Abbas included. 26 Principal Appraisers of Pakistan Customs who will be considered for promotion to Grade 17 ISLAMABAD ( WebRead More →

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Pakistani transport companies to obtain licenses for global transportation of goods FBR Application has to be made to Directorate General of Transit Trade of FBR through Transport Association ISLAMABAD  (  Web News  ) The Federal Board of Revenue (FBR) has decided to issue licenses to transport companies under the InternationalRead More →

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FBR and IMF could not agree on time frame to implement retail tax on retailers The new date of the retail and wholesale tax may be decided at the IMF Executive Board meeting in Washington on January 11. Islamabad (   Web  News   ) There is no agreement between the Federal BoardRead More →