In a recent move to curb expenditures, the Federal Board of Revenue (FBR) has suspended the planned purchase of over 1,000 new vehicles intended for its officers. The decision comes…
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FBR
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The Federal Board of Revenue’s (FBR) ambitious plan to procure 1,010 vehicles has been put on hold following a directive from higher authorities. The decision to halt the purchase comes…
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In a controversial move that has raised concerns among taxpayers, the Federal Board of Revenue (FBR) has announced plans to purchase over 1,000 Honda City cars at an estimated cost…
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The Federal Board of Revenue (FBR) has initiated a crackdown on startups that appeared on the popular television show Shark Tank Pakistan, pitching their business equity in crores. FBR officials…
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Weddings in Pakistan are set to become even more costly, with the Federal Board of Revenue (FBR) announcing the imposition of a 10% withholding tax on wedding halls. This new…
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In a significant move to modernize the country’s tax system, the Federal Board of Revenue (FBR) has introduced the ‘ePayment 2.0’ system, designed to make tax payments simpler and more…
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Prime Minister Shehbaz Sharif has announced a significant reduction in income tax rates for salaried individuals as part of the government’s efforts to alleviate financial pressures on the middle class.…
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In a recent decision aimed at increasing government revenue, the Federal Board of Revenue (FBR) has announced a significant increase in the sales tax on both local and imported tea.…
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The Federal Board of Revenue (FBR) reported a remarkable increase in tax returns for the fiscal year 2024, with 4.82 million returns submitted by October 26, doubling the 2.407 million…
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Business
FBR Imposes Excise Duty on Property Purchases for Developers and Builders
by Haktaurusby HaktaurusThe Federal Board of Revenue (FBR) has issued a new excise duty on property purchases for developers and builders, according to a report by Express News. The changes, formalized through…
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