Search For "fbr"
Pakistan traders threaten countrywide shutdown over mandatory billing mach
Updated : 2 months, 1 week ago IST
Pakistani traders have warned of a nationwide shutdown on January 16 if the government does not withdraw mandatory POS machine installation. Protesting in Islamabad, they accused tax authorities of harassing small businesses and demanded Prime Minister Shehbaz Sharif's intervention.
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Pakistan's revenue crisis deepens as corrupt tax system crumbles under
Updated : 3 months, 1 week ago IST
Pakistan's struggle to meet its revenue targets for the ongoing fiscal year has once again highlighted the deep-rooted structural inefficiencies within the Federal Board of Revenue (FBR). Preliminary figures from the first quarter of FY 2025-26 reveal a shortfall of nearly Rs200 billion, sig
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Policy paralysis in Pakistan deepens sugar crisis, exposes governance fail
Updated : 3 months, 2 weeks ago IST
The Pakistan Sugar Mills Association blamed government policies, closed FBR portals and transport bans for nationwide sugar price hikes, rejecting claims of market manipulation. Grocers accused mills of creating an artificial crisis, while ex-mill prices in Karachi rose to PKR 185 and retail
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Pakistan's "fake tax boom" exposed as system remains broken
Updated : 4 months, 1 week ago IST
Despite higher tax filings and a 15.7% tax-to-GDP ratio, Pakistan's taxation system remains weak. Many returns report zero income, salaried workers bear the largest burden, and exemptions weaken revenue. Experts say real progress requires genuine compliance, broader taxation of the wealthy a
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Fuel Burn Radiation Technology to Revolutionize Vehicle Theft Detection an
Updated : 4 months, 3 weeks ago IST
New Delhi [India], October 23: A groundbreaking advancement in vehicle tracking and anti-theft systems is on the horizon. Dr. Murtaza Ali Hamid, the inventor of Fuel Burn Radiation Technology (FBRT), has entered into a Memorandum of Understanding (MoU) with Mr. Minesh Adani, Founder of Urja
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IMF raises concerns over Pakistan's missed tax goals, delayed legal settle
Updated : 5 months, 1 week ago IST
The International Monetary Fund (IMF) expressed serious concerns over Pakistan's failure to meet tax collection targets and the ongoing delay in resolving tax-related court cases amounting to over PKR 170 billion, currently pending before the Constitutional Bench of the Supreme Court, The Ex
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Pakistan: Karachi traders stage partial strike over tax raids, arrest powe
Updated : 7 months, 4 weeks ago IST
Traders in Karachi held a partial strike against new tax measures and the increased powers of Pakistan's federal tax authority to arrest and raid businesses. While some markets stayed open, most traders supported the protest, with critics calling the Finance Act FY26 anti-business, Dawn repo
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Karachi, Lahore traders announce shutter-down strike over new taxation mea
Updated : 7 months, 4 weeks ago IST
Pakistan's business community remains divided over a planned nationwide shutter-down strike as chambers in Karachi and Lahore have announced closure, while the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has decided to stay away from the protest, ARY News reported.
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Gilgit Baltistan traders protest against 'illegal taxes' and neglect at So
Updated : 10 months ago IST
Accusing authorities of extortion and mismanagement, the protesters claimed that despite paying various taxes, their goods have been stuck at the border crossing for months, leading to severe financial losses.
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Siddharth Rajsekar Hosts Largest-Ever Freedom Business Retreat (Rebound) w
Updated : 10 months, 3 weeks ago IST
Chennai (Tamil Nadu) [India], April 25: The coaching and digital entrepreneurship landscape reached a major milestone as digital reformer Siddharth Rajsekar hosted the 6th edition of the Freedom Business Retreat (FBR). Held at The Leela Palace in Chennai, the retreat welcomed over 900 member
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Pak: Govt panel discusses deportation of illegal immigrants
Updated : 11 months, 3 weeks ago IST
The panel, known as the Harden the State Committee, has been mandated with shaping and implementing legal frameworks to tackle these challenges.
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IMF rejects Pakistan FBR's request to reduce transaction taxes for propert
Updated : 11 months, 3 weeks ago IST
The International Monetary Fund (IMF) has rejected Pakistan's Federal Board of Revenue's (FBR) request for reducing transaction taxes for the property sector for the time being.
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