FBR Recovers Rs 23 Billion in Windfall Tax from 16 Banks in a Single Day
In a significant development, the Federal Board of Revenue (FBR) has successfully recovered Rs 23 billion from 16 banks in…
TAX NEWS
Taxpayer Secures Duty and Tax Remission on Fire-Damaged Goods Under DTRE
In a significant ruling, a taxpayer successfully availed duty and tax remission on goods damaged in a fire under the…
Government to Review 18% Sales Tax on Packaged Milk Amid Industry Concerns
The Pakistani government has assured a review of the 18% sales tax on packaged milk, following concerns from the Pakistan…
RAL & KPRA Join Forces for a Cutting-Edge Online Tax Collection System
The Pakistan Revenue Automation (Pvt) Limited (PRAL) and the Khyber Pakhtunkhwa Revenue Authority (KPRA) have initiated a groundbreaking collaboration to…
Pakistan’s Towel Industry Struggles with High Taxation Rates
Pakistan’s towel industry is a critical component of the country’s textile sector, contributing significantly to national exports. As the third-largest…
FAPUASA Urges FBR to Restore 25% Tax Rebate for Teachers & Researchers
The Federation of All Pakistan Universities Academic Staff Associations (FAPUASA) has strongly condemned the Federal Board of Revenue (FBR) for…
Federal Government Strips FBR of Tax Policy Authority | Pakistan Tax Reforms 2025
The Federal Government of Pakistan has officially removed the Federal Board of Revenue (FBR) from its tax policy-making role, transferring…
PRAL & KPRA Implement Advanced Automated Tax System for Transparency & Efficiency
The Pakistan Revenue Automation (Pvt) Limited (PRAL) and the Khyber Pakhtunkhwa Revenue Authority (KPRA) are collaborating to introduce a state-of-the-art…
FBR Issues Tax Recovery Notices to Salaried Individuals
The Federal Board of Revenue (FBR) has reportedly begun issuing tax recovery notices to salaried individuals, alleging discrepancies in claimed…
FTO Directs FBR to Scrutinize Less Tax Deduction Certificates by Telecom Companies
In a recent directive, the Federal Tax Ombudsman (FTO) has instructed the Federal Board of Revenue (FBR) to closely examine…