FBR Imposes 11% Duty on 4G MiFi, Mobile WiFi Modems
The Customs Classification Committee of the Federal Board of Revenue (FBR) has determined that an 11 percent customs duty will be applicable on the import of 4G MiFi modems and…
Rashid Mahmood Langrial to Become New FBR Chairman
The federal government has decided to appoint Rashid Mahmood Langrial, currently serving as Secretary of Power, as the new Chairman of the Federal Board of Revenue (FBR). Sources indicated that…
FBR Authorized to Set Prices for Imported Retail Products
The Federal Board of Revenue (FBR) has been authorized to set the value of imported (retail price) items for the purpose of sales tax at a higher rate of 130…
Senior Army Officer to Co-Chair FBR’s Digitization Task Force
The Prime Minister has established a 10-member Task Force on digitalization under the chairmanship of State Minister for Finance and Revenue, Ali Pervaiz Malik. According to the letter, the Prime…
FBR Chairman Seeks Early Retirement Due to PM Office Conflicts
Chairman of the Federal Board of Revenue (FBR), Malik Amjad Zubair Tiwana, has requested early retirement following ongoing conflicts with the Prime Minister’s Office (PMO). Sources informed NetMag that Prime…
FBR to Hear Telcos Before Fining for Not Blocking Non-Filer SIMs
The government has introduced changes to the Finance Bill, requiring the Federal Board of Revenue (FBR) to hold hearings for telecom operators before imposing fines under the Income Tax General…
GST is Impacting Pakistan’s Export Competitiveness: IMF
Pakistan competitiveness in exports is affected by the cascading effect on the effect of General Sales Tax (GST) according to the International Monetary Fund (IMF). The Fund in its most…
