FBR

As we earlier reported, the FBR's Lifestyle Monitoring Cell has identified over 20 suspected cases of tax evasion involving individuals who flaunt luxury cars, lavish vacations, and high-end lifestyles on…

FBR has found that several influencers and wealthy individuals were showing off luxury cars and lavish lifestyles online while declaring very little income in their tax returns.

Last month, we informed you about FBR's plan to procure 1,010 brand-new Honda City 1.2L CVT vehicles costing Rs. 6 billion. Soon after the news broke, the government faced an intense public outcry over the…

In June 2024, the government proposed a new automotive tax policy on brand-new local cars. Under the revised policy, WHT tax on cars will now be calculated based on their value, i.e., the invoice price. …

The Federal Board of Revenue (FBR) has decided to a countrywide crackdown against non-custom paid (NCP) cars. According to details, the authority has completed preparations to launch the operation after…

It seems the bad days for the auto industry will continue for the foreseeable future. The dollar is going up continuously, then there are production shutdowns, followed by no LCs by the State Bank of Pakistan…

Federal Board of Revenue (FBR) has imposed additional customs duty (ACD) on several imported items, including car parts. According to a new SRO 1930(1) 2022 issued by FBR yesterday, the duty would now be…

The Federal Board of Revenue (FBR) has denied reports that it has allowed the duty-free import of bulletproof cars. The statement came after some media reports emerged that retired three- and four-star officers…

Earlier this month, the government of Pakistan presented the Annual Budget 2022-23. In the new budget, the government proposed to impose an extra tax on cars with price over Rs. 5 million (50 lacs). Later, the…

The Public Accounts Committee (PAC) has directed the Federal Bureau of Revenue (FBR) to restart the investigation against MG Motor Pakistan over the under-invoicing scandal. As per media reports, PAC has…

In a major victory for Pak Suzuki consumers, President Arif Alvi has upheld the order of the Federal Tax Ombudsman (FTO) to refund the amount of Sales Tax over 12.5%, received from the Suzuki vehicles'…

The local car industry and media are abuzz with alleged 'under-invoicing scam' involving Morris Garage (MG) Motors. The reports suggested that declared value at customs of MG HS  is $11,632 per unit. The media…

The government of Pakistan has taken another step to promote electric vehicle technology in the country. The Federal Board of Revenue (FBR) has exempted Additional Customs Duty (ACD) on the import of electric…

The Federal Tax Ombudsman (FTO) has found more than 500 non-cleared stranded vehicles at the Karachi port. As per FTO’s Own Motion investigation, the vehicles have been imported in violation of Statutory…

Federal Bureau of Revenue (FBR) has announced a sales tax on sales and purchases of used cars. The board unveiled a valuation mechanism for the taxation in statutory regulatory order (SRO 931 (I)/2020)…