A large number of vehicles stand in a queue to fill their vehicle petrol tanks at a petrol pump in Islamabad, on May 24, 2022. — OnlineFinance Division announces new prices.High-speed diesel rate hiked by Rs11.37 per litre.Rates increased for third straight fortnight.The…
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FBR abolishes role of local agents in assessing duties, taxes on vehicles’ import
A representational image showing a large number of vehicles parked at a site. — AFP/FileAgents’ role eliminated via Customs General Order No 2 of 2026.Prices certified by manufacturers to be used to assess duties, taxes.Move aimed at overcoming under-invoicing; will facilitate…
PAC grills FBR, industry ministry over sugar crisis
PAC Chairman Junaid Akbar chairs the committee meeting at the Parliament House in Islamabad, on February 19, 2025. — OnlineFBR asked why SRO granted sudden tax relief.1.3 million tonnes sugar surplus, committee told.Exported sugar earned over $400 million forex.
FBR extends manual tax return filing deadline till Nov 30
This image released on March 3, 2022, shows the FBR building. — Facebook@FbrspokespersonFBR to set up dedicated cells in each office for manual filers.Manual filers urged to visit offices for help with online system.Deadline extended under Section 214A of Income Tax law.