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Taxation in Pakistan is a cornerstone of the country’s economic framework, managed by the Federal Board of Revenue (FBR). The FBR operates under the Ministry of Finance and is tasked with formulating tax policies, collecting federal taxes , and ensuring compliance with tax laws.
The Pakistan Single Window (PSW) stands as a prominent undertaking spearheaded by Pakistan Customs.Its overarching objective is to diminish the time and expenses associated with conducting business by transitioning Pakistan's cross-border trade into a digital realm, thereby eliminating the need for paper-based manual procedures.
The National Finance Commission Award or NFC is a series of planned economic programs in Pakistan enacted since 1951. [1] Constituted under the Article 160 of the Constitution, the program was emerged to take control of financial imbalances and equally managed the financial resources to four provinces to meet their expenditure liabilities while alleviating the horizontal fiscal imbalances. [2]
Special Economic Zones (SEZs) in Pakistan are areas designated by the government of Pakistan to promote industrial growth and attract investment. In Pakistan, the SEZ Act was established on 13 September 2012, alongside the subsequent notification of SEZ Rules within the same year. [1] [2]
Goods imported to Pakistan; Goods purchased in bond from one custom station to another; Goods brought from a foreign country to any customs station that are trans-shipped or transported without the payment of duty to another customs station.
The Pakistan Citizen's Portal launched its web-based services and helpline on 28 September 2020. [ 6 ] [ 7 ] In October 2020, manual complaint lodging facility was provided at the dashboards of government offices for illiterate and physically challenged people.
Self-enumeration Portal (SEP) is a nation-wide digital census's data collection process and management platform initially launched by the Government of Pakistan.Self-enumeration Portal is the first digital initiative taken by the Pakistan Bureau of Statistics (PBS) to make it possible for Pakistani residents to take part in the digital census from the convenience of their own homes.
The PSQCA was formed through the passage of the Pakistan Standards and Quality Control Authority Act, 1996 by the Parliament of Pakistan. [1] [2] [3]On Feb 16, 2022, the Senate Standing Committee on Science and Technology approved transfer of head office of Pakistan Standards and Quality Control Authority (PSQCA) to Islamabad from Karachi.