Karachi, Pakistan: The Sindh High Court (SHC) has issued notices to the Federal Board of Revenue (FBR) regarding the denial of input tax adjustments for services acquired from non-resident persons. The […]
Islamabad, Pakistan: The Federal Board of Revenue (FBR) is considering imposing a Rs1 million penalty on tax evaders, along with other strict measures, to address the country’s financial challenges. The FBR […]
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has reiterated the September 30 deadline for filing income tax returns and warned of strict penalties for non-compliance. As of now, more than […]
Islamabad, Pakistan: A tractor manufacturer has successfully challenged the Federal Board of Revenue’s (FBR) SRO 563 (I)/2022, arguing that its retrospective application was a mala fide act aimed at depriving […]
Islamabad, Pakistan: The Federal Board of Revenue (FBR) is facing a significant revenue shortfall of Rs. 275 billion in the first quarter of the current fiscal year. This shortfall is expected […]
Islamabad, Pakistan: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) has approved the reconstitution of the Board of Directors (BoD) of Pakistan Revenue Automation (PRAL). The decision was made during a virtual […]
Islamabad, Pakistan – The Federal Board of Revenue (FBR) has proposed stringent measures to crack down on tax evasion. These measures include freezing bank accounts, prohibiting property and vehicle purchases, and […]
The Federal Board of Revenue (FBR) is cracking down on tax evaders and non-filers. Don’t risk facing severe penalties and restrictions. File your tax return today! FBR’s Tough Measures The […]
Islamabad, Pakistan: Prime Minister Shehbaz Sharif has approved a comprehensive transformation plan for the Federal Board of Revenue (FBR) aimed at boosting tax collection and enhancing efficiency. The plan includes a […]
Islamabad, Pakistan: The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood, has unveiled key features of the FBR’s Transformation Plan during a meeting with senior tax officials. The FBR Is already […]