FBR Amends Customs Rules to Enhance Monitoring
The Federal Board of Revenue (FBR) has recently released proposed amendments to the Customs Rules, 2001 via SRO1968(I)2024. These amendments […]
IHC Issues Notices to FTO, FBR Chief Over Access to Tax Assessment Records
Islamabad High Court (IHC) has issued notices to the Federal Tax Ombudsman (FTO), Chairman of the Federal Board of Revenue […]
FBR Issues Updated Rules for Temporary Vehicle Imports by Tourists
The Federal Board of Revenue (FBR) has issued a notification amending the Customs Rules, 2001, to revise the framework for […]
APTMA Warns Tax Policy Hurting Local Manufacturers and Textile Industry
Karachi, Pakistan: The All Pakistan Textile Mills Association (APTMA) has raised concerns over the adverse tax policies introduced in the […]
FBR Announces Transfers of 60 Inland Revenue Officers
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has announced a major reshuffle in the Inland Revenue Service (IRS), transferring […]
Tax Revenue Falls Short of November Tax Collection Target by Rs166bn
ISLAMABAD, PAKISTAN: The Federal Board of Revenue (FBR) has reported a tax collection of Rs837 billion for November 2024, falling […]
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 […]
Data-Sharing Initiative by FBR Aims to Identify 1.3 Million New Taxpayers
Islamabad Pakistan: The Federal Board of Revenue (FBR) has made significant strides in its efforts to broaden the tax net […]
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 […]
Tax Collection from Cash Withdrawals Falls 21% in October 2024
Islamabad, Pakistan: Tax revenue from cash withdrawals experienced a notable decline in October 2024, dropping 21% year-on-year (YoY). The Federal […]