FBR’s anti-technology strides
“The Federal Board of Revenue (FBR) has become a significant barrier to the widespread adoption of QR code payment systems in Pakistan. FBR often sends notices to businesses when they…
FBR: Messing up a messy law
Actus legis nemini facit injurium (A party should not suffer on account of an act or omission by the Court or State functionaries) State V. Asif Adil and others 1997…
Poor FBR performance
The monthly Economic Update and Outlook was uploaded on the Finance Division website on 28 November 2024 with the tax collection data for the month not included. This is in…
Challenges before FBR’s new chairman
FBR (Federal Board of Revenue) has failed to meet original tax targets for the last six fiscal years, three of the coalition government of Pakistan Tehreek-i-Insaf (PTI) and rest under…
FBR revenue targets for 2024-25
The first two months of 2024-25 have already revealed serious problems with the overall and individual revenue targets for FBR taxes. Identification of the problems starts with the wrong estimates…
Transforming FBR
In the light of dynamic shifts in business and advancements in technology, it is opportune for the Federal Board of Revenue (FBR) to embark on a transformation journey. This entails…
FBR: Dwindling tax collection
Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax base, low compliance, inefficient tax administration, and low and declining provincial tax…
FBR restructuring: a recipe for disaster–I
While briefing the Senate Committee on Finance, Chairman FBR confirmed that the proposed restructuring of FBR involved parcelling it out into four boards, two separate ones for Customs and Inland…
Streamlining the FBR in haste?
We are fast approaching the general elections, scheduled for February 08, 2024. However, the post-election landscape poses daunting politico-economic challenges for the already troubled economy. Concerns about fairness of elections…
FBR’s revenue target
The federal budget for 2023-24 was announced recently. There was the expectation that the fiscal efforts for resource mobilization will be aggressive enough to stabilize the economy and facilitate completion…
