Amjad Zubair Tiwana replaces Asim Ahmed as FBR Chairman

09:42 AM | 1 Aug, 2023
Amjad Zubair Tiwana replaces Asim Ahmed as FBR Chairman
Source: social media

ISLAMABAD – The federal government has appointed Amjad Zubair Tiwana, a BS-21 officer of the Inland Revenue Service (IRS), as the new chairman of the Federal Board of Revenue (FBR), replacing Asim Ahmed.

The outgoing government gave nod to Tiwana’s appointment for the coveted role in the country’s apex tax collection authority.

Earlier, several other names including Rashid Mahmood Langrial, Syed Nadeem Rizvi, and Faiz Chadhar were considered for the role but officials picked Tiwana for the role.

Former chairman, Asim Ahmad, was also appointed by the coalition government last year in April and he is now stepping down from the role following his retirement.

Tiwana is likely to have a rough patch as the government projected a revenue collection target of over Rs9 trillion for the current FY. The increase in the target will bring more pressure on the new Chairman.

The government however expressed satisfaction as the new Chairman of the Federal Board of Revenue has an extensive background in revenue operations, as he worked as a staff officer to former finance minister. 

Daily Pakistan Global Web Desk


Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 29 Feb 2024

Pakistani rupee remains stable against US dollar in the open market on February 29, 2024 (Thursday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.1 for buying and 282.35 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 352 for buying, and 355.5 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 74.3.

Today’s currency exchange rates in Pakistan - 29 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.1 282.35
Euro EUR 303 306
UK Pound Sterling GBP 352 355.5
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.3 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.11 751.11
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.69 41.09
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 907.32 916.32
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36 26.66
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317.76 320.26
Thai Bhat THB 7.76 7.91


Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter