No mini-budget is coming, Finance Ministry rebuts the news
The Finance Ministry here on Friday rejected the news item published in a section of the press claiming that government plans to present a mini-budget...
FBR
FBR announces Rs53 mln cash prizes for 1000 lucky winners of POS draw
The Federal Board of Revenue (FBR) here on Friday announced Rs 53 million cash prizes for 1000 lucky winners of the Point of Sale (POS)...
FBR collects 26.5bn sales tax from sugar sector
The Federal Board of Revenue (FBR) has collected Rs26.5 billion sales tax from sugar sector through Track and Trace System (TTS), registering a growth of...
Overseas to get easy way of imported phones’ registration
The Federal Government has decided to ease the registration process of imported smartphones to facilitate overseas Pakistanis and foreigners visiting Pakistan for a short time. ...
FBR massively cuts sales tax on petroleum products
Sales tax rate on petrol has been slashed to 0.79pc from 2.5pc, on high-speed diesel tax cut to 3.17pc from 5.44pc and on kerosene oil...
Revenue collection from sugar sector surges 11pc to Rs32.43bn
ISLAMABAD: The Federal Board of Revenue (FBR) has claimed that revenue collection from sugar sector has soared 11 percent to Rs32.43 billion during ongoing fiscal...
FBR seizes 172 non-tax stamped sugar bags in Hyderabad
ISLAMABAD: The Federal Board of Revenue (FBR) has seized 172 sugar bags, which were found without affixation of tax stamps in one warehouse. According to...
FBR exempts sales tax on fruit imports from Afghanistan
KARACHI: The Federal Board of Revenue (FBR) has exempted the sales tax on the import of fruits from Afghanistan. In this regard, the revenue board...
PM to inaugurate ‘Track and Trace’ system for sugar sector on Nov 23
ISLAMABAD: The Federal Board of Revenue (FBR) has informed that Prime Minister Imran Khan would inaugurate the ‘Track and Trace’ system’ for the sugar industry...
FBR raises CNG valuation by 84pc for charging sales tax
CNG valuation enhanced by 84.45 percent to Rs128.11/kg from Rs69.57/kg for Region –I, whereas valuation increased by 82 percent to Rs134.57/kg from Rs74.04/kg for Region–II....