FBR Removes Restrictions on PIA’s Bank Accounts
The Federal Board of Revenue (FBR) cleared Pakistan International Airlines (PIA) bank accounts on Thursday after the two national entities settled ...
Tag: FBR
Tax Experts Team from IMF Arrives in Pakistan
On Monday, an International Monetary Fund (IMF) delegation arrived in Pakistan to discuss the tax net and strategies to increase ...
Pakistan’s debt burden mounts to $63.966 bln
Pakistan's international debt burden has continued to rise and reached a substantial $63.966 billion by the end of August in ...
Circular debt surges to Rs2.31 trillion in June 2023
The long-standing issue of circular debt in Pakistan's energy sector has taken an alarming turn, with the newest numbers suggesting ...
IMF approves Rs15 billion relief in electricity bills
In another significant development, the International Monetary Fund (IMF) has approved a Rs 15 billion relief package targeted at providing ...
FBR freezes PIA accounts over unpaid taxes
The Federal Board of Revenue (FBR) has frozen the accounts of Pakistan International Airlines (PIA) for failing to pay more ...
Tax on credit, debit-card payments to non-residents hiked by 400%
To deter the outflow of foreign exchange reserves, the Federal Board of Revenue (FBR) increased the withholding tax (WHT) on ...
Now You Can Use Mobile phones for 120 days Without PTA Tax
The Federal Board of Revenue (FBR) and the Pakistan Telecommunication Authority (PTA) have launched a temporary registration service for mobile ...
FBR likely to miss FY23 collection target by Rs75bn
The Federal Board of Revenue (FBR) is facing a Rs75 billion shortfall in meeting the downward revised annual tax collection ...
IMF-Pakistan deal: Flurry of meetings to reach consensus
The International Monetary Fund (IMF) has asked Pakistan to revise the financial framework for 2023-24 before it is approved by ...