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Pakistan likely to hold crucial talks with IMF next week
Updated : 2 years ago IST
The Pakistan ministry of Finance is expected to hold crucial talks with the International Monetary Fund (IMF) review mission of the USD 3 billion Standby Arrangement (SBA) programme, from next week, as reported by The News International.
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Pakistan: Imran Khan's assets increased by PKR 277 million in past five ye
Updated : 2 years, 2 months ago IST
Imran Khan's assets have increased by more than Pakistani Rupees (PKR) 277.2 million in the past five years.
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Pakistan: Federal Board of Revenue freezes country's main airline accounts
Updated : 2 years, 7 months ago IST
Pakistan International Airlines (PIA), the country's main airline is once again in hot waters as the Federal Board of Revenue (FBR) froze its account on the basis of non-payment of more than Rs 2 billion in taxes, according to ARY News.
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Dispute over Torkham terminal land acquisition continues
Updated : 2 years, 11 months ago IST
The Khuga Khel tribe alleged that the Federal Board of Revenue (FBR), with whom they had originally signed an agreement on the provision of over 300 kanals of their collective land near the Torkham border for the construction of the terminal, had changed the designs and moreover had taken th
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Pakistan: Federal Board of Revenue collection shows PKR 240 bn shortfall
Updated : 3 years ago IST
According to Business Recorder, after the imposition of taxes of PKR 170 billion in the mini-budget, the new annual tax target of the FBR has been fixed at PKR 7.640 trillion.
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IMF places new demands before Pakistan for holding policy-level talks next
Updated : 3 years, 1 month ago IST
If Pakistan and IMF reach a consensus by Feb 9, they will sign a staff-level agreement.
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Pakistani's revenue agency transfers GB collector custom for exposing alle
Updated : 3 years, 3 months ago IST
However, after such revelations, instead of ordering an immediate high-level inquiry into the alleged collusive connection between DG custom intelligence and the principal appraiser, the FBR chose to transfer the Collector Customs and forget about the collector's disclosures.
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Pakistan government transfers 21 senior FBR officials in major reshuffle
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 2 (ANI): The Shehbaz Sharif-led Pakistan government on Tuesday transferred 21 senior officials of the Federal Board of Revenue (FBR) to the Inland Revenue Service (IRS), as per the local media reports.
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On IMF demands, Pakistan raises tax rates for salaried class
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], June 25 (ANI): Owing to the demand of the International Monetary Fund (IMF) withdrawing relief given on June 10, Shehbaz Sharif government on Friday increased the tax rates for the salaried class.
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Pak Auditor General raises concern over FBR borrowing money from MNCs to s
Updated : 4 years ago IST
Islamabad [Pakistan], February 18 (ANI): The Auditor General of Pakistan (AGP) raised concern over the Federal Board of Revenue (FBR) borrowing money from multinational companies (MNCs) to show big tax collection.
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Biggest tax scam surfaces in Pakistan's revenue board
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 6 (ANI): Biggest tax scam has surfaced in Pakistan's Federal Board of Revenue (FBR) under the Imran Khan government where tax authorities have illegally paid over Pakistani Rs16 billion in sales tax refunds to hundreds of big retailers in the past five months.
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Pak currency may slip to Rs 200 against UD dollars
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 21 (ANI): Amid soaring inflation in Pakistan and the passing of a mini-budget worth Rs 360 billion, PKR (Pakistan currency) might fall to Rs 200 against US dollars.
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