FCAS-Based Customs Duty Collection Sees Significant Growth
The Southern Region of Customs Appraisement has demonstrated a remarkable improvement in revenue collection through the Faceless Customs Assessment System […]
IRIS Restricts Auto Revision of Sales Tax Return
KTBA highlights technical issues in the IRIS system, blocking timely sales tax return revisions, urging FBR to take immediate corrective action for compliance.
Government to Approve Teachers Tax Rebate Restoration
The government has approached the International Monetary Fund (IMF) to seek approval for the restoration of a 25% income tax […]
Aurangzeb Announces Simplification of Tax Return Process for Salaried Individuals
Finance Minister Mohammad Aurangzeb has announced a simplification of the tax return process for salaried individuals, aiming to ease compliance […]
FBR Introduces New Monthly Tax Filing Requirements for Businesses in 2025
Explore FBR’s new tax filing changes, SRO 55, & monthly reporting requirements for businesses. Learn compliance strategies to avoid penalties.
FBR Chairman Announces New Policy for Non-Filers in Property Transactions
FBR announces a new policy allowing non-filers to buy property worth up to Rs. 1 crore without source-of-funds inquiries, boosting real estate activity.
PSW Becomes FBR’s Official Technology Partner for WeBOC System
PSW named FBR’s technology partner to upgrade WeBOC system, enhancing Pakistan’s customs processes with AI-driven efficiency and transparency.
FBR Initiates Customs Budget Exercise for Fiscal Year 2025-26
Islamabad, Pakistan — The Federal Board of Revenue (FBR) has officially launched the Customs Budget exercise for the fiscal year […]
FTO Resolves 13,500 Taxpayer Complaints in Record-Breaking 2024
Federal Tax Ombudsman resolved 13,500 complaints in 2024, credited Pak Rs. 22.79B in refunds, and achieved 94.7% implementation success.
FBR Activates International Centre of Tax Excellence to Boost Revenue and Policy
The Federal Board of Revenue (FBR) has announced the activation of the International Centre of Tax Excellence (ICTE) to enhance […]