FBR’s FASTER System Outperforms STARR for Refund Processing
Islamabad, Pakistan – The Federal Board of Revenue’s (FBR) FASTER system has significantly outperformed the STARR system in processing sales tax […]
FBR Plans Changes to Prize Scheme to Boost Tax Compliance
Islamabad, Pakistan – The Federal Board of Revenue (FBR) is planning to introduce significant changes to its prize scheme for […]
FBR Team Surrounded by Traders During Tax Collection Attempt
Lahore, Pakistan – A team from the Federal Board of Revenue (FBR) faced opposition and was surrounded by traders while […]
Capital Gains on Sale of Gold are not Taxable: FBR
Islamabad, Pakistan: Despite the clear provisions of the Income Tax Ordinance, the Federal Board of Revenue (FBR) Helpline is reportedly providing […]
S.R.O.1321(I) 12024: Simplified Tax Returns Form for Traders
The Federal Board of Revenue (FBR) has announced that only 277 shopkeepers/retailers have paid a total of Rs. 503,632 in […]
FTO Orders FBR to Reprimand Officers for Illegal Tax Recovery
Islamabad, Pakistan: In a significant victory for taxpayers, the Federal Tax Ombudsman (FTO) has issued a landmark order against the […]
Pakistan Polypropylene Association Calls for Tax Reforms to Streamline Tax System
Islamabad, Pakistan: The Pakistan Polypropylene Woven Sacks Manufacturers Association has urged Finance Minister Muhammad Aurangzeb to amend existing tax laws […]
FBR Commissioner Explains Sales Tax Refund System to APTMA
Lahore, Pakistan – Raza Ashfaq Sheikh, Commissioner Inland Revenue and Member Sales Tax Appellate Tribunal Punjab, has provided clarity on […]
PRA Set to Launch Punjab Sales Tax on Services Return
Lahore, Pakistan – The Punjab Revenue Authority (PRA) is poised to introduce a new sales tax return module for businesses […]
Balochistan (BRA) Announces Reward Program for Whistleblower
Balochistan Revenue Authority (BRA) has implemented a reward program to incentivize individuals who report tax evasion or concealment in the […]