Good news for overseas Pakistanis as govt considers reducing mobile phone taxes
ISLAMABAD: The Federal Board of Revenue (FBR) is contemplating a decrease in taxes, on mobile phones imported into Pakistan from other countries a move that could offer substantial relief to Pakistanis living overseas. At a session of the National Assembly’s Finance Committee FBR Chairman Rashid Langrial told legislators that the
FBR major crackdown, seals tobacco factory in Mardan
MARDAN: The Federal Board of Revenue (FBR) conducted a significant operation in Mardan against an illegal cigarette factory, seizing its machinery. The operation targeted a clandestine facility run by Universal Tobacco Company (Private) Limited, which had been secretly operating an undeclared production plant. The confiscated machinery has an estimated daily
FBR initiates nationwide enforcement drive against tax-evaded cigarettes
ISLAMABAD: Following directives from the Prime Minister Shehbaz Sharif to act against widespread tax evasion in the cigarette sector, the Federal Board of Revenue (FBR) has initiated a nationwide enforcement drive against tax-evaded cigarettes and registered five FIRs against manufacturers and transporters allegedly involved in multi-million-rupee revenue losses. As per
Government abolishes export development surcharge on all exported goods
ISLAMABAD: The government of Pakistan has made a decisive move to the advantage of the country’s export industry by abolishing the Export Development Surcharge (EDS) on all exported items. Following this, the Federal Board of Revenue (FBR) has conveyed the resolution to the State Bank of Pakistan that instructs the
FBR foil multi-billion rupee “Crystal Meth” smuggling attempt
ISLAMABAD: A division of the Federal Board of Revenue (FBR), has thwarted an attempt to smuggle methamphetamine worth more than 18 billion rupees. As per the statement released by the FBR officials, the drugs, about 300 kilograms of crystal ice meth, were concealed in the resuscitated fuel tank of a
FBR sees big rise in tax revenue from wedding festivities
ISLAMABAD: The Federal Board of Revenue (FBR) has manifested a considerable increase in tax collections from marriage events all over Pakistan, thus emphasizing the monetary aspect of the country’s lively marriage halls that is gaining even more power. FBR mentioned in its reports that the withholding tax on weddings has
Govt imposes 40% regulatory duty on import of used cars up to 5-years-old
ISLAMABAD: The federal government of Pakistan has approved a 40% additional regulatory duty on the commercial import of used cars for cars up to 5-years-old as of 1st of October 2025. The Federal Board of Revenue, has published the official notice related to the implementation of the new rules. The
FBR extends income tax return filing deadline by 15 days
ISLAMABAD: The Federal Board of Revenue (FBR) has announced a new 15-day deadline for filing income tax returns. This decision follows requests from business groups, tax associations, and the public. The extension is provided under Section A 214 of the Income Tax Ordinance, 2001. Earlier, the FBR said the deadline
Why FBR issues notices to Jewellers?
The FBR has initiated action against jewellers who are not in the tax net and has sent notices to jewelers in several cities. According to media sources, notices have been issued to jewellers in Rawalpindi, Islamabad, Faisalabad and Multan in the initial phase, through which jewellers have been asked to
FBR announces major reshuffle and promotion from grade 16 to grade 19
The Federal Board of Revenue (FBR) has taken several important administrative decisions including transfers and postings of officers, dismissals, extension of deputation and approval of performance allowance. The FBR has transferred and posted grade 17 to 19 officers of the Inland Revenue Service in Lahore, Sukkur and Sialkot. Muhammad Ali
