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The Federal Board of Revenue (FBR) has launched an investigation into startups that participated in the inaugural season of Shark Tank Pakistan, raising concerns about potential tax discrepancies. According to a LinkedIn post by Ahmed Rauf Essa, CEO of Telemart, several startups have received tax notices, with some facing legal action for allegedly underreporting their […]
The Federal Board of Revenue (FBR) has withdrawn its proposed changes to the Baggage Rules of 2006 following significant public backlash and media criticism. The amendments, which included a $1,200 limit on goods brought into Pakistan and a restriction allowing only one mobile phone per person, sparked widespread confusion and concern. The FBR clarified in […]
