Search For "federal board of revenue"
Pakistan's revenue crisis deepens as corrupt tax system crumbles under
Updated : 3 months, 2 weeks 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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Gilgit Baltistan traders protest against 'illegal taxes' and neglect at So
Updated : 10 months, 2 weeks 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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IMF rejects Pakistan FBR's request to reduce transaction taxes for propert
Updated : 1 year 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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Pakistan faces PKR 385 billion revenue deficit for July-December period
Updated : 1 year, 2 months ago IST
Pakistan is facing a revenue shortfall of PKR 385 billion for the period between July and December 2024, ARY News reported on Wednesday, citing sources.
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Pak govt to take another shot at separating IRS, Customs
Updated : 1 year, 2 months ago IST
Pakistan Prime Minister Shehbaz Sharif has approved the separation of Customs and Inland Revenue Services (IRS), following a previous proposal that was resisted by tax groups. The reform aims to establish separate oversight for the two bodies and restructure the Federal Board of Revenue (FBR
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IMF calls on Pakistan to implement mini-budget to address revenue gap foll
Updated : 1 year, 4 months ago IST
The International Monetary Fund (IMF) has called on Pakistan to introduce a mini-budget after the nation's Federal Board of Revenue (FBR) failed to meet its tax collection targets, as reported by ARY News, citing sources on Saturday.
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PoGB traders protest customs ban on baggage trade, demand Policy reversal
Updated : 1 year, 4 months ago IST
Traders from Pakistan-occupied Gilgit-Baltistan protested on Wednesday at the Pakistan Customs Check Post in Sost, Hunza, in response to the Federal Board of Revenue's (FBR) ban on baggage trade at the Khunjerab border. The traders went on strike to express their opposition to this decision,
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Traders in Pakistan refuse to pay 'advance tax'
Updated : 1 year, 6 months ago IST
The trader community in Pakistan voiced strong opposition towards the Federal Board of Revenue (FBR) team visiting a Lahore market to collect advance tax under the Tajir Dost Scheme, ARY News reported.
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Pakistan: Traders call for nationwide strike as talks with government end
Updated : 1 year, 6 months ago IST
The traders' community, have once again called for a nationwide strike on Wednesday, as their talks with the Federal Board of Revenue (FBR) ended in a stalemate, according to ARY News.
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Pakistan: Traders confirm strike after no negotiations reached with govern
Updated : 1 year, 7 months ago IST
Kashif Chaudhry, President of The Markazi Anjuman-e-Tajiran Pakistan, stated that the government's "false promises" cannot appease the traders.
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Pakistan: FBR imposes PKR 60,000 monthly advance Tax on Karachi traders
Updated : 1 year, 7 months ago IST
The Federal Board of Revenue (FBR) has issued a notification to traders in Karachi, demanding them to pay an advance tax of Pakistani currency (PKR) 60,000 per month under the Tajir Dost Scheme.
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Trader community in Pakistan announces nationwide strike on Aug 28
Updated : 1 year, 7 months ago IST
The trader's community in Pakistan has announced a nationwide strike on August 28, against the Tajir Dost scheme introduced by the Federal Board of Revenue, ARY News reported.
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