SHC Upholds Windfall Tax, Dismisses Suspension Plea
Sindh High Court affirms Windfall Tax legality, dismissing petitions for interim relief. Businesses face full implementation after SHC rejects suspension plea. Read more.
PBC Concerned Over Sales Tax Refund Caps, Warns of Export Setback
PBC urges FBR to raise the sales tax refund cap to 12% for all exporters, warning of cash flow issues, delays, and administrative burdens under the new limit.
FBR Rejects Property Amnesty, Considers Rate Cuts
FBR denies property amnesty despite task force proposals. Tax cuts & reforms considered to boost real estate transparency and investment.
Avoid FBR Notices – Benefits of Aasan Accounts for Non-Filers
Non-filers in Pakistan often face scrutiny from the Federal Board of Revenue (FBR) when conducting banking transactions. To navigate this […]
Invitation for Budget Proposals 2026 by FBR
The Federal Board of Revenue (FBR), Pakistan’s apex authority for tax administration, has initiated the budget formulation process for the […]
SRB Exemptions and Reduced Rates for Sales Tax 2025
Summary of Sindh Sales Tax Exemptions and Regulations Small-scale businesses: Restaurants, beauty parlors, and clinics with annual turnovers below Rs. […]
FBR’s New Audit Tool Targets Businesses Using Fake Sales Invoices
The Federal Board of Revenue (FBR) has unveiled a groundbreaking initiative aimed at curbing tax fraud and enhancing transparency in […]
Happy New Year 2025 from TaxationPk!
As the clock strikes midnight and we usher in the New Year 2025, the TaxationPk team extends its warmest greetings to all our readers and the entire tax community.
Tax Returns to Declare Family Members and Source of Funds Information
In a significant shift in taxation policies, a new law imposes stricter conditions on non-filers and filers alike. Under this […]
New Password Policy for FBR Users – Increased Security or Increased Complexity?
The FBR has implemented a new password policy that restricts users from reusing any of their last five passwords. While […]