Heavy Tax Burden Imposed on Shops Following Revised Regulations FBR Amends Tajir Dost Special Procedure for Fixed Taxes on Shops Islamabad: The Federal Board of Revenue (FBR) has issued an…
FBR Encourages Innovation in Taxation: Seeks Proposals to Boost Revenue Collection Karachi, February 24, 2024 – The Federal Board of Revenue (FBR) has initiated a drive to improve revenue collection…
Pakistan FBR Invites Trade Bodies to Submit Tax Proposals for Fiscal Year 2024-25 February 22, 2024, Islamabad – In a notable move towards enhancing transparency and collaboration in its budget…
Pakistan Tax Bar Association Warns of Delays in Tax Cases Due to Tribunal Member Shortages Karachi, February 23, 2024 – The Pakistan Tax Bar Association (PTBA) has issued a warning…
Revamping Corporate Tax Policy in Pakistan A Strategy for Economic Growth In Pakistan, the high corporate tax rate of 29%, along with additional levies like a 10% super tax, a…
FBR Records 30% Tax Collection Growth by Mid-February 2024 Pakistan's Federal Board of Revenue (FBR) achieved a significant milestone in tax collection, registering a 30% increase to Rs. 5.150 trillion…
FBR Chairman Outlines Implementation Plan for Approved Reforms The Chairman of the Federal Board of Revenue (FBR), Malik Amjed Zubair Tiwana, revealed that the caretaker government has greenlit reforms for…
Tax Professionals Raise Alarm Over Difficulties in Amending Tax Returns Tax practitioners and filers in Karachi are facing significant challenges when trying to revise their submitted tax returns, a crucial…
ISLAMABAD, February 16, 2024 - The Federal Tax Ombudsman (FTO) of Pakistan has released a critical report exposing significant shortcomings in the Federal Board of Revenue’s (FBR) methodology for assessing…
Automakers Alarmed as Sales Tax on Cars Surges to 25% The recent decision by the government to increase the sales tax on cars to 25% for vehicles with an engine…
