Binte Zafar

FBR Introduces new Term Eligible Person for Tax Compliance

The recently passed Tax Laws (Amendment) Bill 2024 has introduced a significant paradigm shift in tax compliance by introducing the […]

FBR New Requirement – Source of Investment and Expenditure Statement

The Tax Laws (Amendment) Bill 2024 introduces a new requirement for individuals and entities to declare the sources of funds […]

Restriction on Non Filers for Investment & Car Purchases

The Tax Laws (Amendment) Bill 2024 introduces transformative changes aimed at regulating economic transactions and enhancing tax compliance. Among its […]

FBR’s Zero-Tolerance Approach to Non-Compliance

Tax Laws (Amendment) Bill 2024 empowers the Chief Commissioner to take the following coercive actions against individuals or entities that […]

FBR Modifies Sales Tax Act to Limit Input Tax Allowance

Tax Laws (Amendment) Bill 2024, update of Sales Tax Act focuses on Section 8B, particularly sub-section (4), which introduces a […]

FBR Takes Action Against Non Filers – New Restrictions Imposed

Islamabad, Pakistan: The Federal Board of Revenue (FBR) in Islamabad is set to introduce measures allowing Inland Revenue officials to […]

FBR’s New Power Play Banks Will Share Everything

The recent Tax Laws (Amendment) Bill 2024 in Pakistan’s National Assembly has introduced sweeping changes to how banks and the […]

Your FBR Password will Expire in Sixty Days

The Federal Board of Revenue (FBR) has announced a new security measure for its online tax portal, IRIS: a mandatory […]

Tax Rates Can Be Reduced Through Effective Revenue Collection

Lahore, Pakistan: Chairman Federal Board of Revenue (FBR), Rashid Mahmood Langrial, has acknowledged that Pakistan’s tax rates, including sales tax, […]