FBR Modifies Sales Tax Act to Limit Input Tax Allowance
Tax Laws (Amendment) Bill 2024, update of Sales Tax Act focuses on Section 8B, particularly sub-section (4), which introduces a […]
FBR Takes Action Against Non Filers – New Restrictions Imposed
Islamabad, Pakistan: The Federal Board of Revenue (FBR) in Islamabad is set to introduce measures allowing Inland Revenue officials to […]
FBR’s New Power Play Banks Will Share Everything
The recent Tax Laws (Amendment) Bill 2024 in Pakistan’s National Assembly has introduced sweeping changes to how banks and the […]
Your FBR Password will Expire in Sixty Days
The Federal Board of Revenue (FBR) has announced a new security measure for its online tax portal, IRIS: a mandatory […]
Why Can’t AJK Taxpayers Pay Taxes Online Like the Rest of Pakistan?
The Federal Board of Revenue (FBR) has made strides in digitizing its tax collection processes with the launch of e-Payments […]
Tax Rates Can Be Reduced Through Effective Revenue Collection
Lahore, Pakistan: Chairman Federal Board of Revenue (FBR), Rashid Mahmood Langrial, has acknowledged that Pakistan’s tax rates, including sales tax, […]
Online Sales Tax Registration in AJK – Still a Distant Dream
While the official websites of the AJK Board of Revenue (CBR) and the Federal Board of Revenue (FBR) provide information […]
AJK Inland Revenue Department Warns of Penalties for Non-Filers
The Inland Revenue Department of Azad Jammu and Kashmir (AJK) has issued a strong warning to all taxpayers to fulfill […]
Did You Get Advance Tax Notice Under Section 147 of Income Tax?
In recent weeks, many taxpayers have been receiving advance tax notices via email or physical communication, urging them to deposit […]
Supreme Court Rules Software Payments as Exempt from Tax
The recent ruling by Pakistan’s Supreme Court reclassifying payments for software usage as “business income” rather than “royalties” marks a […]