Rawalpindi, Pakistan:The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take immediate action against delinquent tax officers at the Regional Tax Office (RTO) Rawalpindi. The […]
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has announced an extension to the deadline for filing income tax returns for the tax year 2024. The new deadline is now […]
Faisalabad, Pakistan: The Federal Board of Revenue (FBR) has arrested five individuals involved in sales tax fraud, including a leading fraudster and four members of top management of beneficiary companies. The […]
Islamabad, Pakistan: The number of income tax return filers has surpassed 4 million for the tax year 2024, as of October 13. The Federal Board of Revenue (FBR) has received 4.436 […]
Understanding the Stamp Paper Requirement The recent addition of a stamp paper requirement to tax returns in Pakistan has sparked controversy. This mandatory declaration requires the principal officer of a […]
Islamabad, Pakistan: The government plans to collect up to Rs300 billion from agriculture income tax with the cooperation of the provinces. The Federal Board of Revenue (FBR) has urged provinces to […]
Islamabad, Pakistan: The International Monetary Fund (IMF) has called on Pakistan to end preferential treatment and tax exemptions for the agriculture and textile sectors, which it considers to be hindering the […]
Lahore, Pakistan: The Federal Tax Ombudsman (FTO) has summoned the Member Operations-IR and Member Customs Operations of the Federal Board of Revenue (FBR) to appear before the FTO Lahore office […]
Islamabad, Pakistan: The Federal Board of Revenue (FBR) offices will remain open until midnight today, October 14, 2024, as the deadline for filing income tax returns for the fiscal year 2024 […]
The Income Tax Ordinance 2001 empowers the Federal Board of Revenue (FBR) to enforce the filing of income tax returns. This authority is particularly relevant to individuals who are not […]