Punjab to Impose 5% Penalty on Property Transactions via Non-Banking Channels
Lahore, Pakistan: The Punjab government has taken a stern stance against property transactions conducted through non-banking channels. A recent directive […]
Senate Committee Reviews Tax Laws Amendment Bill 2024
The Senate Standing Committee on Finance and Revenue, led by Senator Saleem Mandviwalla, convened on Tuesday to review The Tax […]
FBR’s Faceless Customs System Streamlines Clearance, Reduces Delays
Karachi, Pakistan: The Federal Board of Revenue (FBR) announced a significant milestone for its Faceless Customs Assessment System (FCAM), with […]
FBR to Get Help of Auditors/ Experts for Catching Tax Thieves
Tax Laws (Amendment) Bill 2024 introduces significant changes to the legislative framework governing tax administration in the country. Among the […]
New Restrictions on Property Transfers for Non-Filers
The Federal Board of Revenue (FBR) has been granted significant new powers under the Tax Laws (Amendment) Bill 2024. One […]
FBR Issues List of FMCG’s for Digital Invoicing
The Federal Board of Revenue (FBR) has taken a significant step in enhancing tax transparency by issuing Sales Tax General […]
FBR in Dispute with CA Firm Over Rs. 1.8 Million Sales Tax Deduction
Karachi, Pakistan: A dispute has erupted between the Federal Board of Revenue (FBR) and a leading Chartered Accountants (CA) firm […]
FBR Embarks on Online Business Integration to Modernize Tax Administration
The Federal Board of Revenue (FBR) has embarked on a significant initiative to modernize tax administration in Pakistan through the […]
FBR Launches Faceless Customs Assessment in Karachi
Karachi, Pakistan: The Federal Board of Revenue (FBR) has embarked on a significant transformation with the launch of the Faceless […]
FBR Customs Gets Technical Upgrade for Faster Clearance
The Federal Board of Revenue (FBR) has issued Notification S.R.O. 2051(1)/2024, introducing amendments to the Customs Rules, 2001, under the […]