ISLAMABAD: The Federal Board of Revenue (FBR) has revised the Export Facilitation Scheme (EFS), allowing exporters to avail zero duty and import-stage taxes for 18 months while requiring six-monthly reconciliation statements. Minister of State for Finance Bilal Azhar Kiani said the government extended the utilisation period under EFS from nine months to 18 months, providing […]
FBR Pakistan
FBR orders businesses to link with digital tax system in a week
ISLAMABAD: The Federal Board of Revenue (FBR) has directed a broad range of businesses and service providers to link their operations with its digital tax system within one week, according to a newly issued notification aimed at strengthening documentation of economic activity. Read More: FBR rolls out AI-driven audit for seven million returns Under the directive, […]