federal board of revenue (fbr)

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    IMF Loan at Risk: Pakistan Faces Revenue Collection Challenges

    New Delhi, April 8 – The shortfall in the Pakistani government's revenues has emerged as a major weakness in the IMF program.These revenues are the cornerstone of Pakistan's IMF loan agreements, focusing on aggressive tax expansion to meet revenue targets and secure funds. To align with the...
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    Tax Evasion in Tobacco Sector Impacts Pakistan's Finances

    New Delhi, April 7 – Large-scale tax evasion in Pakistan's tobacco sector, resulting in estimated annual losses of over Rs 300 billion, has emerged as a major concern amid the country's worsening fiscal stress, according to a local media report.The report by The Express Tribune highlighted...
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    Pakistan: Umrah Visas Used to Attempt Entry into Europe

    Islamabad, March 31 – Pakistan's Federal Investigation Agency (FIA) removed two passengers from a plane at the Multan International Airport after they were allegedly found attempting to use Umrah visas to enter Europe, local media reported.A spokesperson for the FIA said that immigration staff...
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