Government Seeks Alternative Ways to Tax Bank Profits
The government of Pakistan is exploring alternative methods to tax bank profits derived from investments in government securities, signaling an […]
Sindh Hesitates on Agricultural Income Tax
The recent National Tax Council (NTC) meeting highlighted significant differences among provinces regarding the implementation of agricultural income tax. While […]
FBR Introduces Rules for Azerbaijan-Pakistan Transit Trade
Karachi, Pakistan: In a significant move to strengthen bilateral trade ties, the Federal Board of Revenue (FBR) has issued rules […]
FBR Expands Single Sales Tax Return to Oil & Gas and Microfinance Sectors
In a collaborative step towards simplifying tax compliance, the Federal Board of Revenue (FBR) and Provincial Revenue Authorities (BRA, KPRA, […]
FBR Tightens Grip on Customs Officials’ Vehicle Usage
Karachi, Pakistan: In a move to curb potential misuse of authority, the Pakistan Customs has implemented a new policy restricting […]
Shehbaz Sharif Unveils $500M Sugar Export Success and Future Tax Goals
Prime Minister Shehbaz Sharif has announced that Pakistan has earned $500 million in foreign exchange through the timely export of […]
National Tax Council (NTC) Reviews Agriculture Tax Reforms
ISLAMABAD, PAKISTAN: The National Tax Council (NTC) convened on Wednesday to deliberate on crucial provincial tax reforms, including strengthening agricultural […]
Finance Minister Calls for Taxing Wholesale and Retail Sectors
KARACHI, PAKISTAN: Finance Minister Muhammad Aurangzeb has underscored the need to incorporate the wholesale and retail sectors into the tax […]
Tax Implications of Fixing MRP on Black Tea Imports
The recent decision by Pakistan’s Federal Board of Revenue (FBR) to impose a Minimum Retail Price (MRP) of Rs1200 per […]
ATIR Dismisses FBR Appeal Against Supernet on Legal Grounds
Islamabad, Pakistan: The Appellate Tribunal Inland Revenue (ATIR) has dismissed an appeal filed by the Federal Board of Revenue (FBR) […]