An undated image of the Federal Board of Revenue building in Islamabad. — APPSales tax at import stage dropped sharply, widening shortfall gap.FBR must collect Rs3,718bn in remaining two-month period.Gulf War impact further slowed imports, overall tax collection.
Related Posts
Beyond defence: Can Makkah pact change Pakistan economic fortune?
Turkish President Tayyip Erdogan, Saudi Crown Prince Mohammed bin Salman, and Prime Minister Shehbaz Sharif pose after signing the joint defence agreement in Makkah, Saudi Arabia, August 7, 2026. — Reuters
ISLAMABAD: The trilateral defence pact signed by Pakistan, Saudi Arabia and…
IMF foresees tax shortfall of Rs400bn as Pakistan seeks revised growth target
This file photo taken on January 26, 2022, shows the seal for the International Monetary Fund in Washington, DC. — AFPPakistan, IMF discuss tweaks in macroeconomic framework.Islamabad requests lender to revise GDP forecast to 3.5%.Regional escalation to cause strain…
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…