Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR), addresses an event. — National Defense University website/file FBR chairman urges people to pay their taxes. He says the tax rates are wrong and should be corrected. The objective is to bring the richest individuals to net-of-tax income. Slamming the culture of tax evasion … Read more
The Federal Board of Revenue (FBR) has initiated consultations with key stakeholders to finalize proposals for the Federal Budget 2025-2026, focusing on phasing out tax exemptions, increasing revenue generation and rationalization of tax laws. In an official communication to business associations such as Federation of Pakistan Chambers of Commerce and Industry (FPCCI), American Business Council, … Read more
The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, January 1, 2025. — PPI The capital market opened on a cautious note on Friday, as investors balanced optimism over easing inflation and improving macroeconomic indicators with concerns over rising trade and debt deficits. tax collection. The market showed a mixed … Read more
An undated image of the Federal Board of Revenue (FBR) building in Islamabad. – APPLICATION The FBR has recovered Rs 275 billion as of December 31, 2024. 1,326 billion rupees were collected in December, 47 billion rupees short of the target. FBR repaid Rs272 billion in the first six months of CFY. ISLAMABAD: The Federal … Read more