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Federal Bureau of Revenue

FBR reports Rs163 bn shortfall in four month’s revenue

ISLAMABAD: The Federal Board of Revenue (FBR) faced a shortfall in revenue of Rs163.5 billion (July-October) first quarter of the current fiscal year as the provisional revenue collection accumulated to Rs1,283.5 billion against a desired target of Rs1,447 billion. FBR

FBR slashes duties on import of cellular phones

KARACHI: Federal Bureau of Revenue has proposed to cut down the import duties on the import of cellular phones by 50 percent. FBR said in a statement that it suggests slashing the duties for providing relief to a common man