FBR needs Rs5.6tr in four months to meet annual target
Officials warn fiscal year shortfall could surpass Rs600bn, putting revenue targets at risk
FBR to reassign tax officers from Admin Pool within 15 days
Decision aims to limit prolonged placements and streamline postings
FBR records 54% rise in sales tax from sugar sector as retail prices remain high
Rs24bn collected in two months; sugar exports surge 2,188%, fueling price hike
IMF discusses agricultural income tax with Pakistani officials during loan review
Provincial governments and finance officials engage with IMF on taxation framework
FBR implements key reforms to Export Finance Scheme to prevent misuse
Revised rules also introduce stricter monitoring of imported inputs to ensure they are used in the exported goods
Implementation of revised export facilitation scheme for steel sector halted
Government committee reviews export framework; aims to boost exports to $60bn
FBR mulls tax cuts on tobacco, beverages, and real estate to spur economic activity
Government also reviews 18% GST on packaged milk as dairy sector warns of rising costs
FTO exposes tax fraud using Sindh clerk’s CNIC, orders inquiry into cybercriminals
Fake income tax returns led to Rs63m liability; FTO directs immediate salary account detachment
PAC directs FBR to investigate Rs312bn sales tax irregularity
Parliamentary watchdog questions FBR’s oversight; orders audit guidelines for Common Pool Fund
IHC halts FBR’s selection board meeting for Grade 21-22 promotions
Court seeks affidavits from FBR chairman, PM office on alleged interference in promotions
IMF considers lowering FBR’s tax collection target amid revenue shortfall: report
Any downward revision will depend on Finance Ministry’s ability to cut expenditures and ensure Rs1.2 trillion primary budget surplus; Fund also seeks projections for power sector’s circular debt in 2025-26
PM orders swift resolution of tax cases to recover Rs500bn by June
Shehbaz directs urgent action on Rs4tr in pending cases; FBR eyes Rs300bn in recoveries
IMF reviews FBR’s plan to generate Rs250bn from retailers, enforce compliance framework
IMF is also assessing Pakistan’s tax penalty structure to design a General Anti-Avoidance Rule for improved compliance
Tax lawyers accuse FBR’s IT wing, PRAL of facilitating fake invoices
Multan Tax Bar urges action against officials allegedly aiding tax fraud
SC committee proposes Alternative Dispute Resolution mechanism to resolve tax-related casesÂ
Recommendations aim to ease judicial backlog and ensure swift revenue recoveryÂ