Pakistan’s Nowshera Tax Bar complains to FTO over FBR’s new QR scan and system integration rules, highlighting severe login and compliance issues for taxpayers.
FBR launches massive crackdown on Benami used car imports, targeting billions in tax evasion. PM-backed probe uncovers fake documents & complicit agents, vowing to dismantle the racket and bring all culprits, including rogue banks, to justice.
The Federal Board of Revenue (FBR) has published a draft notification, S.R.O. 1359(I)/2025, proposing significant further amendments to the Customs […]
Punjab has revised its tax rules, requiring telecom, banking, and insurance firms to withhold 80% of sales tax on services from active taxpayers. Other sectors will withhold 20%. The move aims to boost compliance and tighten control over service sector taxation
Govt proposes raising cash sales limit for expense disallowance from Rs. 200k to Rs. 2.5M in Year 1, phasing down over 3 years. Disallowance percentage to start at 20%, gradually increasing. Applies only to ‘Income from Business’ under Income Tax Ordinance Section 21.
In a significant judgment, the Supreme Court of Pakistan has ruled that notices issued by the Federal Board of Revenue […]
FBR’s “simplified” salaried tax return form is causing chaos! 😠 Mandatory for 2024 filers, it’s riddled with errors, no copy-paste, IBAN issues, and rigid steps. Taxpayers are strongly urged to not file yet and wait for FBR to fix these critical glitches.
FBR has opened tax return filing drafts. Individuals & AOPs must file by Sep 30, 2025. Companies face a strict Dec 31, 2025 deadline with NO EXTENSIONS. Plan ahead to avoid penalties.
Tax advisors slam FBR’s new password policy & QR scan! 😤 Mandated 60-day password changes & QR scans for IRIS login cause major hardships, especially for practitioners filing 90% of returns. They demand FBR target culprits, not burden compliant taxpayers.
FBR’s Finance Act 2025: New rules mean 50% disallowance of expenses if you receive over Rs200k cash per invoice, increasing tax liability at audit! 💸 Businesses urged to go digital. Calls for FBR to clarify if this applies to all sectors, as it’s impractical for cash-heavy economies.