FBR Tax

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.

FBR to Enforce Digital Payments and POS Systems in Retail Sector

FBR Cracks Down on Retailers: Strict Sales Tax Changes and Digital Payment Mandates.

SBP Cuts Interest Rate by 1% to 12% to Boost Economic Growth.

Due to lower inflation and lower growth rate SBP cut 100bps.

Senators Demand Halt on FBR’s Car Purchase Amid Allegations of Misuse of Taxpayer Funds

Today, in the Senate Standing Committee for Finance, senators grilled an FBR official about ordering 1010 Honda Cities cars within 5 months.

NA Standing Committee postpones Tax Amendment Bill 2024 Voting

The bill has been now sent to sub committee, which will report back in ten days with recommendations.

The salaried category in Pakistan contributed 368 billion tax in FY24.

Salaried class paid 40% more compare to FY23.

FBR will purchase over 1000 Honda City cars within 5 months.

FBR will purchase over 1000 cars from January to May 2025.

FBR Chairman agrees to reduce WHT on Property.

FBR Chairman in principle agreed to facilitate Real Estate builders.

ECs managed to ease off about US 7 billion dollars for SBP.

ECs help SBP to maintain the exchange rate at the current level.

Congratulations to President Zeeshan Ahsan Butt and team 11 for wining DHA Lahore Elections 2024.

Congratulations to Zeeshan Ahsan Butt, Imran Faiz, Abrar Hussain Imran, Shahid Mehmood, Iqrar Awan, Shahbaz Mahmood, Asif Raza Bhurana, Tauqeer Asif, Shaikh Asif, Mian Waseem, Shahid Meo for a landslide victory in DHA Estate Agents Elections 2024.

The Return of Trump: A New Era in American Politics

How did FBR achieve tax target of RS.9.285 Trillion in 2023

In recent years, FBR has failed to meet its official tax target due to a lack of reforms and failureto implement decisions to tax the wealthy and untaxed sectors.