FBR New Upgrade of IRIS into IRIS 2.0
IRIS and IRIS 2.0 Iris is a tax filing system developed by Pakistan Revenue Automation Limited (PRAL) for the Federal […]
Demystifying Capital Gains Tax in Pakistan for 2024
Understanding capital gains tax is crucial for any investor in Pakistan. This article explores the tax rates applicable in 2024 […]
Rental Income Tax Rates 2023-24
Owning rental property in Pakistan can be a source of steady income, but it’s important to understand the tax implications.
Attention Taxpayers: Fix Your Invalid Income Tax Return Now!
This message serves as a crucial reminder for anyone who received a Notice 120(3) regarding their Income Tax Return (ITR). […]
Pakistan Raises Excise Duty on Cigarettes: Two-Tiered Rates Announced
The Federal Board of Revenue (FBR) has issued a notification announcing revised excise duty rates for locally produced cigarettes in Pakistan. These changes, effective immediately, aim to regulate the tobacco industry and potentially generate additional revenue for the government.