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
Tax shortfall reaches Rs606 billion in eight months despite 28% revenue growth
FBR collects Rs7.34 trillion against Rs7.95 trillion IMF target; income tax exceeds goal, but sales tax falls short by Rs579 billion
FBR proposes strict curbs on Export Finance Scheme to prevent misuse
Facility may be withdrawn for steel importers; tighter tax enforcement planned
FBR revises territorial jurisdiction for property tax collection in Karachi
Advance income tax on property transactions now monitored by RTO-1 across multiple city districts
Govt extends Point-of-Sale system to AJK businesses to enhance tax transparency
POS system launched in Mirpur; aims to digitise transactions, minimize tax evasion, and modernize the taxation framework