As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Whether your vehicle ...

However, enforcement has also been weak, which, according to Langrial, will improve following the government's approval of a Rs32.5 billion package to boost FBR's capacity and resources.

The Chairman of the Federal Board of Revenue (FBR) has recommended imposing a tax on Iranian vehicles, suggesting that the Ministry of Foreign Affairs engage with the Iranian Ambassador to resolve ...

The implementation of the Internal Revenue Service's "$600 rule" is being postponed until next year, giving affected taxpayers one more year before they may start receiving tax forms triggered by ...

The Federal Board of Revenue (FBR) reported that customs duty collection saw a strong recovery in 2023-24, showing an 18.5% increase compared to the previous fiscal year. Net customs revenue for ...

FBR Limited (AU:FBR) has released an update. FBR Limited is inviting shareholders to participate in a share purchase plan (SPP) aimed at raising $8 million, as it progresses with its Hadrian X ...

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It’s no different for the IRS after the October 15 deadline. For the IRS, this period is known as the e-filing shutdown, often from late November until mid-January. With this in mind ...

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a special team to develop a new kind of “dash board” for tax collectors containing all kinds of taxpayers’ data for analysis and ...

FBR Limited (AU:FBR) has released an update. FBR Limited has announced a new securities issuance, proposing to release up to 210,526,316 fully paid ordinary shares through a securities purchase ...

The tax machinery has collected Rs 877 billion during October 2024 against an assigned target of Rs 980 billion, reflecting a shortfall of Rs 103 billion. The FBR has collected Rs 3,440 billion ...

The incumbent government has no option but to consider implementing additional revenue measures, such as mini-budgets or expenditure cuts, after the Federal Bureau of Revenue (FBR) failed to achieve ...