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Tag: Federal Board of Revenue

FBR Chief Orders Rs126bn Tax Refunds for Traders

FBR chief refunds order releasing Rs126 billion tax refunds to Pakistani traders

Summary The Federal Board of Revenue has moved to ease the cash-flow crunch faced by Pakistani businesses. In a major relief step, the FBR chief refunds order has cleared the way for Rs126 billion in pending tax refunds. The amount includes Rs83 billion in sales tax refunds and Rs43 billion in customs duty rebates. Traders […]

FBR Urges Shopkeepers to Register for the Fixed Tax Scheme

FBR official briefing Lahore shopkeepers on the new fixed tax scheme at LCCI

LAHORE: The Federal Board of Revenue has asked small shopkeepers and retailers across the city to sign up for its fixed tax scheme. Officials say the plan was built around one idea: make paying tax simple enough that small traders actually do it. The pitch is straightforward. A one-page return, a flat rate of one […]

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