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FBR misses tax collection target by Rs868 billion in 11 months
1+ hour, 42+ min ago (372+ words) The Federal Board of Revenue (FBR) has recorded a revenue shortfall of Rs868 billion during the first 11 months of the ongoing fiscal year 2025-26. Official data cited in media reports shows that between July and May, the FBR collected Rs11, 227 billion against a…...
FBR flags tax evasion in One Constitution Avenue apartments
3+ week, 6+ day ago (189+ words) A significant number of luxury apartments at Islamabad's One Constitution Avenue, reportedly owned by influential individuals, have not been declared to the Federal Board of Revenue (FBR). Reports indicate that 248 high-end units remain undisclosed to tax authorities. The FBR's Intelligence…...
FBR raids Al Kabir Town, Al Noor Orchards housing societies" Lahore offices: reports
1+ mon, 3+ week ago (167+ words) LAHORE " Teams from the Federal Board of Revenue (FBR) carried out raids at the offices of two major housing societies in Lahore as part of ongoing enforcement measures. Reports said five joint FBR teams were involved in the raids conducted…...
Pakistani cabinet goes without pay as Govt pushes Austerity Measures
2+ mon, 3+ week ago (232+ words) ISLAMABAD " Pakistani federal cabinet is contributing during tough economic times, as top officials decided to give up their salaries for the next two months. The announcement came during a high-level meeting chaired by Prime Minister Shehbaz Sharif, where the government…...
E-commerce experts reject 18pc tax, warn of threat to millions of jobs
11+ mon, 1+ week ago (261+ words) Home Technology E-commerce experts reject 18pc tax, warn of threat to millions of jobs LAHORE " Prominent figures from Pakistan's digital and e-commerce community have strongly opposed the government's proposed 18% tax on e-commerce services, warning that the decision could put millions of…...
Tax woes: Shortfalls and chronic denial
11+ mon, 3+ week ago (903+ words) Home Article Tax woes: Shortfalls and chronic denial In yet another sign of systemic dysfunction, Pakistan's tax collection machinery has once again missed its revenue target'deepening fiscal pressures on an already fragile economy. The shortfall, which has become a grimly…...