Shahzad Paracha

The Ministries of Commerce of Pakistan and Afghanistan have agreed to implement the mechanism of Temporary Admission Document (TAD) w.e.f 01-05-2024

In another round of shuffling in the tax department within one week, the Federal Board of Revenue (FBR) has transferred a dozen grade 19 to 21 Inland Revenue Service offices.

The federal government is considering imposing restrictions on the sale of imported old vehicles in Pakistan for up to three years in the next fiscal year's budget.

The Federal Board of Revenue (FBR) has served a notice to Netflix for recovery of over Rs. 200 million in income tax, official sources told ProPakistani.

The federal government is expected to impose federal excise duty (FED) on Nicotine pouches and e-cigarettes in the Finance Bill 2024 on Wednesday (June 12).

Tax exemptions surged to Rs. 3.879 trillion during the outgoing fiscal year 2023- 2024 (FY24).

| Published Jun 12, 2024 | 12:55 am In order to increase the cost of doing business for non-filers, the Federal Government of Pakistan on

The federal government of Pakistan is likely to increase tax for non-filers on profit earned from bank accounts and deposits. Sources told ProPakistani

The federal government, just before the passage of next year's Finance Bill, proposed some important amendments related to non-filers, wealth statements, foreign assets, and advance tax-related provisions.

The Federal Board of Revenue (FBR) has been reluctant to initiate disciplinary inquiries against those officers who were placed at the ‘admin pool' in the last week of May and early July this year.