The FBR decided to formalise the documentation of the business sector.

The Federal Board of Revenue (FBR) has resolved to formalise the documentation of the business sector nationwide.

The board stated that records of all transaction types, including debit and credit card transactions, will be compiled, in addition to monitoring transactions via CCTV cameras at the point of sale.
According to the Federal Board of Revenue, all enterprises will be integrated into the FBR computerised system, with e-invoicing hardware and software linked to this system.

The FBR has released a notification to revise the Sales Tax Rules, 2006.

Previously, Federal Board of Revenue Chairman Rashid Mahmood Langrial stated that the board will acquire automobiles for the personnel to achieve tax objectives.

The FBR chairman stated that vehicles would be procured for young officers, since they are required to conduct field operations and recoveries, noting that the Senate Standing Committee had received a good response.