New Feature in FBR IRIS Portal for Balance Sheet Approval
The Federal Board of Revenue (FBR) of Pakistan has introduced a new feature in the IRIS portal to improve efficiency […]
FBR Recovers Taxes from CAA, Inches Closer to Target
Pakistan’s Federal Board of Revenue (FBR) is nearing its nine-month tax collection target of Rs6.7 trillion after attaching bank accounts […]
FBR Notifies Chartered Accountants to Recover Taxes from Developers
Following intervention by the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) has confirmed that chartered accountant (CA) […]
Pakistan Grants Billions in Tax Breaks to Aviation Authorities, Raising Concerns
Pakistan’s recent tax exemptions for the Civil Aviation Authority (CAA) and Pakistan Airports Authority (PAA) have sparked controversy. Here’s a […]
FBR Announces Mandatory Online (POS) Integration for Businesses
Attention Pakistani businesses! The Federal Board of Revenue (FBR) has issued a new regulation (SRO 428(I)/2024) mandating online integration with […]
FBR Cracks Down on Untaxed Traders with New Registration Scheme
Federal Board of Revenue (FBR), has taken a significant step towards formalizing the retail sector and boosting tax collection. The […]
Who Needs to Submit a Balance Sheet with Sales Tax Return
This article clarifies who is exempt from submitting a balance sheet in Pakistan, following a recent SRO 350(2024)(Statutory Regulatory Order). […]
FBR to End Discrimination Against Manual Tax Filers
In a significant decision, the President of Pakistan has ruled to eliminate discrimination against manual tax filers in Pakistan. This […]
FBR’s Single Tax Return Portal: Updates and Implementation Timeline
The Federal Board of Revenue (FBR) website recently introduced updates related to the concept of a single cell tax return […]
FBR Cracks Down on Fake Invoices & Disallowance of Input Tax SRO 350
Federal Board of Revenue (FBR) recently introduced a new measure to combat fake invoices used for tax evasion. This article […]