Impact of the Export Facilitation Scheme (EFS) on Taxes
The Export Facilitation Scheme (EFS) introduced by the Federal Board of Revenue (FBR) has brought significant changes to the taxation […]
Notices Issued for Compliance of 2024 Tax Returns
The Federal Board of Revenue (FBR) has begun issuing notices to non-compliant taxpayers who failed to file their income tax […]
Banks Charge Fee on Deposits to Reduce Tax Burden
The Pakistani government implemented a tax penalty on banks with an Advance-to-Deposit Ratio (ADR) below 50%. ADR reflects a bank’s […]
Tax Notices Issued for Lower Tax Payments in 2024
If you’ve recently received a notice from the Federal Board of Revenue (FBR) regarding your tax payments being lower in […]
Punjab and FBR to Integrate E-Invoice System
The Punjab government is taking steps to streamline tax processes by integrating its Electronic Invoice Monitoring (e-IMS) System with the […]
FBR Customs Intelligence Restructure: What’s New?
Islamabad, Pakistan: The Federal Board of Revenue (FBR), through a new notification S.R.O. 1815(1)/2024, has restructured and defined the functions […]
FBR Releases Updated Active Taxpayers List (ATL) for 2024
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has released the updated Active Taxpayers List (ATL) for the tax year […]
Pakistan’s Active Taxpayer List Reached to 6,373,162
Islamabad, Pakistan: In a significant development for Pakistan’s tax landscape, the Active Taxpayer List (ATL) has crossed the 6.3 million […]
FBR Issues New Fair Market Values for Properties in Rahim Yar Khan
Rahim Yar Khan, Pakistan: The Federal Board of Revenue (FBR) has issued a new notification, S.R.O. 1727(I)/2024, setting updated fair […]
KPRA Launches Tax Compliance Drive for Wedding Halls and Restaurants
PESHAWAR, PAKISTAN: As winter approaches and the wedding season gets into full swing, the Khyber Pakhtunkhwa Revenue Authority (KPRA) has […]