The federal budget for fiscal year 2025-26 has proposed a significant expansion of the Federal Board of Revenue (FBR) powers, including introducing strict enforcement measures aimed at tightening the ...
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FBR admits Rs3.6tr sales tax gap
The tax authorities have admitted that the entire current gap of Rs3.6 trillion in sales tax collection cannot be eliminated due to the fragmentation and informality of the retail sector, in an ...
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