Higher Property Taxes from July 2024
The Federal Board of Revenue (FBR), in collaboration with provinces, has taken several key steps to improve tax collection through […]
Close Call! FBR Averts Major Data Breach from Infected USB Drive
The Federal Board of Revenue (FBR) narrowly escaped a potential data catastrophe thanks to timely intervention! An infected USB drive, […]
Big Changes for Petroleum Imports, Shoe Polish Customs Values, and Baggage Rules in Pakistan!
Here’s a breakdown of recent updates announced by Pakistani authorities: 1. New Rules for Foreign Petroleum Suppliers: International oil suppliers […]
Telecom Sector Gets Streamlined Tax Filing with Single Sales Tax Portal
Filing taxes just got easier for Pakistan’s telecom companies! The Federal Board of Revenue (FBR) has launched a Single Sales Tax Portal, simplifying the process and promoting ease of doing business.
“Tajir Doost”: Can a Mobile App Unlock Millions of New Taxpayers in Pakistan?
The Federal Board of Revenue (FBR) of Pakistan is launching a unique initiative – “Tajir Doost,” a mobile app designed […]
KP Principals Score Big: Full Tax Rebate Secured After FTO Ruling
In a landmark decision, the Federal Tax Ombudsman (FTO) has ordered the Federal Board of Revenue (FBR) to grant maximum […]
What Businesses Need to Know About FBR’s New Data Sharing System (RADAR)
This move aims to document economic transactions and assess the true income and tax potential of individuals and businesses.
FBR Expands Net with New District Offices Across Pakistan
This ambitious initiative aims to bring 1.5 to 2 million new taxpayers into the net by June 2024, significantly broadening the tax base.
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 […]
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.