The FBR (Federal Board of Revenue) has informed the IMF (International Monetary Fund) about the new tax policy. This includes a comprehensive strategy to register one million non-filers income tax returns using the Board’s central database and third-party data. The first meeting, which took place at the Ministry of Finance, was attended by the IMF […]
According to the latest update, the Federal Board of Revenue (FBR) is planning to establish 145 district tax offices in Pakistan to expand the country’s tax base. Finance Minister (FM) Shamshad Akhtar gave his approval to the action, which was labeled a restructuring measure. The FBR announced that district officers from across the country will […]
The Federal Board of Revenue (FBR) has announced that non-filers will face disconnection of mobile SIM, electricity, and gas connections to hold them accountable. More than 250 FBR district revenue officers will handle this; they are in touch with gas, electricity, and phone companies directly to cut off the connection for those who do not […]
According to the latest update, Deputy Commissioner Capt. (Retd.) Shahmeer Iqbal said that work is underway on six highways as part of the Punjab government’s city package aimed at modernizing Sialkot. According to sources, a meeting was held at the DC office on Tuesday, November 14, 2023, where Mir Iqbal stated that the estimated construction […]
In addition to the new administrative measures, the Federal Board of Revenue (FBR) plans to implement a versatile strategy, including notification to non-filers. As per news reports, FBR insiders have unveiled a bold plan to include one million people for tax relief at the start. Read More: Pakistan Plans To Launch Digital Currency To Stabilize […]
According to reports, the Pakistani government plans to launch a digital currency to stabilize the rupee and reduce currency printing costs. This plan will help stabilize the economy and facilitate financial transactions by increasing the value of the rupee. The digital currency will have the same value as the Pakistani rupee; for example, the Chinese […]
The Federal Board of Revenue (FBR) is launching an innovative online service within its updated ‘IRIS‘ system, allowing citizens to pay their 1% tax or claim an exemption under Section 7E on immovable properties. Reportedly, the board has made two important announcements to the real estate industry to make property transactions more transparent and convenient. […]
vAccording to the latest reports, the Punjab Land Record Authority (PLRA) officially reported that 2.6 million land record transactions were processed between July 1, 2022, and March 1, 2023. In addition, as per the resulted report the payment of $11 billion in local taxes and services costs to the government. Read More: Punjab plans to […]
Punjab plans to launch an e-registration system for property registration. As per the news report, on April 27, South Punjab Additional Chief Secretary (ACS) Capt(rtd) Saqib Zafar give ordered the Secretary to launch an e-registration system for property registration in the area to ensure transparency of the process. Read More: UAE Wajir Air Abu Dhabi […]
According to the latest update, the Federal Government of Pakistan has approved UAE airline Wazir Air Abu Dhabi to operate across the country. Accordingly, the availability of flights from Pakistan will benefit many people who wish to visit the UAE for any purpose. Read More: LHC Allows LDA to Function Under Master Plan 2016 The […]
