Federal Minister for Finance Muhammad Aurangzeb speaking during an event in Islamabad on May 26, 2025. – Geo News Global investors responded positively during recent foreign visits. Digitization in the FBR aimed to improve tax transparency. The current climatic reforms to meet the future environmental challenges. Islamabad: The Federal Minister of Finance, Muhammad Aurangzeb, reported … Read more
A bank employee has Pakistani Roupie tickets in a Peshawar bank on August 22, 2023. – Reuters The proposal is conditioned on IMF approval. Pakistan-IMF Parlyes takes place from May 14 to 22. The FBR says the proposals under discussion for the salaried class. Islamabad: The government has shared the securities of the tax measures … Read more
The newly appointed Minister of Finance appointed Muhammad Aurangzeb, poses after taking an oath to Islamabad, March 11, 2024. – Ministry of Finance The Minister of Finance, Muhammad Aurangzeb, announced on Sunday the intention of reducing the financial burden of the salaried class in the coming budget. His remarks occurred a few days after thousands … Read more
People wait for their turn out at an ATM in Islamabad. – AFP / File The rates of salaried class slabs were revised upwards at the request of the IMF. FBR collects Rs 367 billion from the salaried class in the last financial year. The board faces a mammoth task of collecting Rs12.97 trillion in … Read more
An undated image of the Federal Board of Revenue (FBR) building in Islamabad. – APPLICATION The contracts contribute Rs 496 billion to revenue collection in FY2024. Taxes collected on bank profits and securities up 52.8% to Rs489 billion. Tax revenue from telephone bills increased by 14.3% to nearly Rs 100 billion. ISLAMABAD: The salaried segment … Read more