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FBR Changes Decision on Buying Over 1,000 Cars

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5 min read
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Legal Editorial Desk
FBR Changes Decision on Buying Over 1,000 Cars
The Federal Board of Revenue (FBR) has frozen the purchase of 1,010 vehicles. The final decision will be made based on the recommendations of the Senate Standing Committee on Finance and Revenue. FBR Chairman confirmed that the procurement of cars for the regulator’s young tax officers has been put on hold until the committee’s official minutes are received. Addressing concerns about the ongoing visit of an International Monetary Fund (IMF) technical delegation, the chairman clarified that these visits are routine and unrelated to any economic assessment. Discussions on technical matters continue regularly as part of the process, he said. The chairman also confirmed that a relief package for the construction sector has been finalized. A task force formed under the Prime Minister’s directives has prepared recommendations that will be submitted to the Federal Cabinet for approval.
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Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

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