FBR Collects Rs. 1,588 billion in Gross Revenue in first two months of 2024-25
Federal Board of Revenue (FBR) has collected gross revenues of Rs 1,588 billion for the months of July & August 2024. Against a target of Rs. 1,554 billion, FBR has…
SBP releases its third quarterly review of Payment Systems
State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Report for the third quarter (Jan-Mar) of the fiscal year 2023-24. The report presents a quarterly review of payment…
FTO orders FBR to fix wrong penalty order against Tier-I Retailer
The Federal Tax Ombudsman (FTO) has ordered the Federal Board of Revenue (FBR) to correct a penalty order of Rs. 1 million issued by an Inland Revenue Audit Officer (IRAO)…
FTO directs FBR to improve the system of payment of prizes to the winners
KARACHI: While disposing of a complaint, Tax Ombudsman Asif Mehmood Jah has directed FBR to improve the payment of prizes to the winners of monthly lucky draw. Briefly, the complainant…
METRO PAKISTAN INTEGRATES ITS POS WITH FBR’S ELECTRONIC DEVICE SYSTEM
KARACHI: METRO Pakistan in collaboration with the Federal Bureau of Revenue (FBR), has completed integration of all its Point of Sales (POS) with the latest Electronic Device System (EDS) introduced…
SBP issues directives to banks on security breach of payment cards
KARACHI: As a result of security breach of payment cards of one of the banks in Pakistan yesterday and their unauthorized use on different delivery channels i.e. at ATMs and…