Karachi, Pakistan: Leading industrialists in Balochistan have strongly opposed a recent notice issued by the Balochistan Revenue Authority (BRA) imposing an infrastructure cess on all exports. The industrialists argue that the […]
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has implemented strict regulations on the import of duty-free vehicles by companies operating in the Gwadar Zone. The FBR has issued the “Import […]
Islamabad, Pakistan: Tax advisers have requested the Federal Board of Revenue (FBR) to extend the income tax return filing deadline to November 30, 2024. Advocate Supreme Court Javed Iqbal Qazi, in […]
Only Registered SIM Numbers Allowed The Federal Board of Revenue (FBR) has implemented a new requirement for obtaining a National Tax Number (NTN). Effective immediately, only SIM cards registered under […]
Lahore, Pakistan: The Lahore High Court (LHC) has ruled that the enhanced rates of withholding tax on late filers of income tax returns will not be applicable to transactions completed before […]
Karachi, Pakistan: The Sindh High Court (SHC) has dismissed a petition challenging K-Electric’s (KE) collection of municipal tax in electricity bills. The SHC ruled that the tax collection is imposed under […]
Karachi, Pakistan: A cyberattack on the Federal Board of Revenue (FBR) has resulted in a tax fraud of Rs14.66 billion. The breach compromised taxpayer data and allowed cybercriminals to conduct fake […]
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has announced plans to launch a crackdown on the smuggling of petroleum products, which is estimated to be worth nearly Rs396 billion. The […]
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has ruled out any further extension to the income tax return filing deadline, which remains October 14, 2024. The FBR spokesperson, Bakhtiar Muhammad, […]
Islamabad, Pakistan: A large number of taxpayers, including salaried individuals and businesses, have successfully filed their income tax returns through the dedicated Facilitation Desk at the Federal Tax Ombudsman (FTO) headquarters. […]