850cc cars price set to soar post-budget
WEB DESK: The Federal Board of Revenue (FBR), Pakistan’s principal tax authority, has proposed a significant increase in withholding tax for vehicles boasting an engine capacity of 850cc or higher. This move, if implemented, is poised to further burden prospective car buyers financially. Furthermore, the government is contemplating augmenting the
Bilawal, Aseefa’s Dubai assets declared to FBR, ECP: spokesperson
WEB DESK: In response to recent Dubai property leaks, a spokesperson for the Pakistan People’s Party (PPP) chairman has confirmed that all domestic and foreign assets owned by Bilawal Bhutto-Zardari and Aseefa Bhutto-Zardari have been declared before the Federal Board of Revenue (FBR) and the Election Commission of Pakistan (ECP).
Sims of non-taxpayers to be blocked from today
The Federal Board of Revenue (FBR) is set to commence today the process of blocking 506,671 mobile phone SIMs belonging to individuals who have not filed tax returns. In collaboration with telecom operators, the FBR has devised a phased approach to efficiently manage this process. Telecom operators have agreed to
FBR Decides to Block SIMs Despite PTA’s Refusal
Despite the refusal of Pakistan Telecommunication Authority (PTA), the Federal Board of Revenue (FBR) is adamant about blocking the SIMs of 506,671 non-filers. According to reports, FBR has decided to call a meeting of the telecom operators at the FBR Headquarters to block SIMs of these individuals. FBR’s sources told
PTA Responds to FBR’s Decision to Block SIMs of Non-Filers
Pakistan Telecommunication Authority (PTA) on Thursday released a statement regarding the Federal Board of Revenue’s (FBR) directive to block mobile phone SIMs of over 500,000 non-filers. In its statement, PTA said that it is “currently deliberating on the recent decision made by FBR.” It added that they are engaged with
PTCL ‘closely monitoring’ FBR’s order of blocking sims
After the Federal Board of Revenue (FBR) issued an order to block SIM cards associated with over 0.5 million non-filers, Pakistan Telecommunication Company Limited (PTCL) announced on Wednesday that it is thoroughly reviewing the directive within the confines of relevant legal and regulatory frameworks. According to a PTCL spokesperson, the
FBR faces major upheaval: big changes as top officers removed, tax targets at risk
Prime Minister Shehbaz Sharif approved a drastic overhaul of Pakistan’s tax collection agency, the Federal Board of Revenue (FBR). Abrupt Changes at FBR The FBR underwent sudden changes at the top, raising concerns about its ability to meet annual tax collection targets. Concerns Over Tax Collection Questions arise about FBR’s
