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 […]
Revenue Dept Faces Shortfall in Tax Collection Target
Islamabad, Pakistan: The Federal Board of Revenue (FBR) is struggling to meet its ambitious tax collection target for November 2024. […]
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 […]
FTO Orders Probe into FBR Officers Misconduct
Islamabad, Pakistan : The Federal Tax Ombudsman (FTO) has directed an investigation into Federal Board of Revenue (FBR) officers for […]
Whistleblower Left Out as FBR Rewards Tax Officer
Islamabad, Pakistan: While the government has recently lauded an FBR officer for uncovering a massive Rs290 billion tax evasion scheme, […]
NCCPL Announces Capital Gains Tax Collection
The National Clearing Company of Pakistan Limited (NCCPL) has announced it will collect Capital Gains Tax (CGT) on Friday, November […]
FBR Seals Five Restaurants in Islamabad for Issuing Fake Invoices
The Federal Board of Revenue (FBR) has taken decisive action against five prominent restaurants in Islamabad for issuing counterfeit receipts […]
FBR Tightens Scrutiny on Iranian Transport Operators
The Federal Board of Revenue (FBR) has implemented stricter regulations for Iranian transport operators transporting goods through Pakistan. In a […]
FBR Introduces Automatic Mobile SIM Restoration for Tax Filers in Pakistan
Islamabad, Pakistan — In a groundbreaking move to enhance taxpayer convenience, the Federal Board of Revenue (FBR) has automated the […]
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 […]