FBR Tax
Gov Performance FY25 was a overpromised and underdelivered in short
The government of Pakistan yesterday released the data of each economic sector of Pakistan, and, in short, it was worse than expected.
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Government Of Pakistan May raise petroleum levy above 100 PKR
The government of Pakistan is thinking of alternative plans to increase the taxes, as world practice is to increase taxes on petroleum products.
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FBR Submits Its Summary to Federal Gov for Reducing Property Taxes
FBR has sent its summary to federal cabinet to withdraw exercise duty for properties for everyone and the recommendation are likely to approved by the PM.
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US will sell gold card to wealthy foreigners
US will sell gold card at $5 million dollar to wealthy people.
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Government Halts Tax Relief for Property Purchases
It is reported by Express Tribune that the government has halted property tax relief, which was going to be announced to force growth in 2020.
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NA Committee on Finance Postpones Tax Amendment Bill 2024
The Tax Amendment Bill has been postponed by the NA Committee on Finance
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Govt expected to give relief on Property Transfers
It is expected the government might withdraw excise duty on property transfers.
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FBR demands additional staff and more logistics to increase taxes.
FBR has been facing a tax shortfall due to its overestimated targets and low growth of the Pakistan economy.
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FBR ends a 25% tax cut for teachers and researchers.
FBR sends notices for July 2022 recoveries.
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FBR Struggles to Meet IMF Tax Targets for the current fiscal year.
A tax shortfall by FBR is reported at around 468 billion rupees during the past 7 months of this fiscal year.
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FBR to Enforce Digital Payments and POS Systems in Retail Sector
FBR Cracks Down on Retailers: Strict Sales Tax Changes and Digital Payment Mandates.
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SBP Cuts Interest Rate by 1% to 12% to Boost Economic Growth.
Due to lower inflation and lower growth rate SBP cut 100bps.
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