The National Board of Revenue (NBR) has issued a notification reducing import duty on onion, potato and fertilizer , aiming to ease imports and increase the supply of these goods. The import duty on pesticides has been reduced to 5% from 25%, and all regulatory duties and value-added taxes (VAT) on
Tag: the National Board of Revenue
NBR’s three-pronged strategy to boost revenue collection
Aiming to significantly boost revenue collection from domestic sources, the National Board of Revenue (NBR) is adopting a three-pronged approach. These are: digital transformation, expansion of tax net, and enhancing administrative capacity. The core idea is to make tax payments easy and transparent to improve taxpayer services which in turn will help