Tue, 21-Oct-2025

Former FBR Chief Shabbar Zaidi Discusses Reason For His Resignation

Former FBR Chief Shabbar Zaidi Discusses Reason For His Resignation

Former Federal Board of Revenue (FBR) chairman Shabbar Zaidi has discussed the reason for his resignation. Shabar Zaidi revealed in BOL News program ‘Ab Baat Hogi’, “I wanted to turn the FBR into the Pakistan Revenue Service, which was opposed by the entire bureaucracy, including to some extent those who spoke out for Pakistan institutional … Read more

Former FBR chief Shabbar Zaidi suggests demonetizing Rs5,000 note

Shabbar Zaidi currency note

The former head of the Federal Board of Revenue Syed Shabbar Zaidi suggests that government should go for demonetization of the Rs 5,000 currency note form July 2021. Taking to Twitter, he said that the economy will be improved from the demonetization. “5000 Rupee Notes. Demonetise from July 1, 2021. Announce two months earlier,” he … Read more

FBR Chief sends another request for leave for indefinite period

FBR Chief

Chairman Federal Board of Revenue FBR Chief Shabbar Zaidi has sent another request for leave for the indefinite period, Bol News reported Wednesday. Sources has revealed that FBR Chief  has sent another request for leave for the indefinite period. Shabbar Zaidi sent request for leave to the Adviser to Prime Minister on Financial Matters Abdul … Read more

Shabbar Zaidi says he is not Resigning as Chairman FBR

shabbar zaidi

The Chairman Federal Board of Revenue (FBR) Syed Shabbar Zaidi has rejected the reports circulating about his resignation. Shabbar Zaidi had earlier gone on an indefinite leave after he suffered health issues, and was reportedly receiving medical treatment. Syed Shabbar Zaidi was appointed as the Chairman FBR on May 6, 2019 to replace Mohammad Jehanzeb … Read more

Chairman FBR to resume duties soon

Shabbar-Zaidi

The Federal Board of Revenue (FBR) clarified that the office of the Chairman FBR is not vacant and Shabbar Zaidi will assume the charge of the post of the Chairman FBR as soon as he gets medically fit. According to reports, Dr Hamid Ateeq Sarwar, Spokesperson for the FBR/Member (IR-Policy) clarified that Syed Muhammad Shabbar … Read more

Chairman FBR again going on leave

shabbar zaidi

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi is once again going on leave from coming Monday due to medical reasons. FBR officials have confirmed that Zaidi would go on medical leave from coming Monday. However, duration of his leave could not be confirmed. This would be the second time in one month when the … Read more

More than Rs 2000 bn taxes collected in last six months, says Chairman FBR

taxes

Chairman Federal Board of Revenue, Shabbar Zaidi has said that two thousand and eighty billion rupees tax collection has been made during the last six months. Radio Pakistan reported that he said approximately seventy one billion rupees collected from five export sectors. The Chairman FBR said present government set new targets for tax collection. While … Read more

FBR to launch crackdown against tax defaulter

FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to take strong action against the tax evaders and announced to launch a crackdown against them from March 2020. According to the details, the revenue board has issued notices to 200,000 high-net worth individuals for the purpose. These remarks were made by FBR Inland Revenue (IR) Member Dr … Read more

National economy is improving says Prime Minister

National economy is improving says Prime Minister

Prime Minister Imran Khan reviewed the economic situation of the country and said economic stability and providing facilitation to investors and business community is top priority of the government. Prime Minister chaired the economic team meeting, senior officials including Advisor Finance, Federal Ministers Hamad Azhar, Khusro Bakhtiar, Chairman FBR, Advisor Finance and Trade and Firdous … Read more

Construction activities increase in the country: Hafeez Sheikh

Construction activities increase in the country: Hafiz Sheikh

Advisor to Prime Minister Imran Khan on Finance, Revenue and Economic Affairs Abdul Hafiz Sheikh has said that construction activities have increased in the country. Special Assistant to the Prime Minister for Information and Broadcasting, Firdous Ashiq Awan and the Government Economic Team have held a press conference in Islamabad. During the press conference Government … Read more

Pakistan to submit the compliance report in FATF meeting

FATF meeting

The meeting of Financial Action Task Force (FATF) is underway in Paris where Pakistan will submit its compliance report. Pakistan economic affairs minister Hammad will present the compliance report which suggest the Pakistan’s efforts to tackle terror-financing and money laundering. Officials of Securities & Exchange Commission of Pakistan (SECP), National Counter Terrorism Authority (NECTA), State … Read more

Govt has overcome two major deficits: Abdul Hafeez Sheikh

Adviser on Finance

Adviser on Finance Abdul Hafeez Sheikh has said that the government has overcome the fiscal and trade deficits. While addressing a press conference along with Chairman Federal Board of Revenue (FBR) Shabbar Zaidi in Islamabad he said that the current account deficit has been reduced to the record level. For this, government struck agreements with … Read more