AJK Inland Revenue Department Warns of Penalties for Non-Filers
The Inland Revenue Department of Azad Jammu and Kashmir (AJK) has issued a strong warning to all taxpayers to fulfill […]
Supreme Court Rules Software Payments as Exempt from Tax
The recent ruling by Pakistan’s Supreme Court reclassifying payments for software usage as “business income” rather than “royalties” marks a […]
Shark Tank Pakistan Startups Under FBR Investigation
Startups that gained fame through the inaugural season of Shark Tank Pakistan are now facing scrutiny from the Federal Board […]
Don’t Miss the Deadline! File Your Company’s Tax Return by December 31st
If your company’s financial year ends on June 30th, you have until December 31st, 2024 to file your annual income […]
Over 160 Transfers Ordered in Karachi Customs Enforcement
Islamabad, Pakistan: In a major reshuffle, the Federal Board of Revenue (FBR) has transferred over 160 officers working in the […]
FBR Notify Banks for Integration with SWAPS for Withholding Tax Collection
The Federal Board of Revenue (FBR) has issued S.R.O. 2041(I)/2024 on December 10, 2024, to notify the integration of specified […]
FBR Introduces Faceless Customs Assessment (FCA) for Karachi & Bin Qasim Ports
Islamabad, Pakistan: Federal Board of Revenue (FBR) introduced Faceless Customs Assessment (FCA) vide Customs General Order No. 06 of 2024 […]
PRA Urges Taxpayers to Update Registered Mobile Number
The Federal Board of Revenue (FBR) and Provincial Revenue Authorities (PRAs) have recently implemented a new regulation requiring taxpayers to […]
Pakistan Single Window Aims to Streamline Cross-Border Trade
Karachi, Pakistan: The Pakistan Single Window (PSW) is set to revolutionize Pakistan’s cross-border trade landscape with the integration of various […]
Punjab Revenue Authority Launches New Complaint Management System (CMS)
The Punjab Revenue Authority (PRA) has taken a significant step towards enhancing taxpayer experience and addressing grievances by introducing a […]