Islamabad, Pakistan – The Auditor General of Pakistan (AGP) has identified a significant discrepancy in the Federal Board of Revenue’s (FBR) tax collection practices, highlighting that withholding taxes are being incorrectly […]
Islamabad, Pakistan – The Federal Tax Ombudsman (FTO) has initiated an investigation against the Federal Board of Revenue (FBR) and its Large Taxpayer Office (LTO) for allegedly violating binding orders […]
Lahore, Pakistan – The tractor parts industry, a vital component of Pakistan’s agricultural sector, is facing a significant downturn due to economic challenges, delayed refunds, and the threat of GST imposition. […]
Islamabad, Pakistan – The Federal Board of Revenue (FBR) has implemented a new rule requiring state-owned enterprises (SOEs) to resolve their tax disputes through Alternate Dispute Resolution Committees (ADRCs). The FBR […]
The Federal Board of Revenue (FBR) has introduced a new tax card for salaried individuals, effective for the tax year 2024-25. The new card offers significant relief to low-income earners, […]
Multan, Pakistan – The Multan Tax Bar Association (MTBA) has formally requested the chairman of the Appellate Tribunal Inland Revenue (ATIR) to swiftly transfer urgent cases back to the Multan […]
Lahore, Pakistan: The tax department has faced a setback after failing to justify its disallowance of a taxpayer’s adjustment of unverified refund towards their current year’s tax liability. The taxpayer, […]
Islamabad, Pakistan – The Federal Board of Revenue (FBR) is set to significantly increase property valuation rates in 42 major urban centers across Pakistan. The revised rates, expected to be […]
Islamabad, Pakistan: A recent research study has revealed that the Pakistani government could generate a substantial amount of revenue by taxing absentee landlords. According to the study, the government could […]
Lahore, Pakistan – The cement industry in Pakistan is facing a severe downturn, with dispatches plummeting by 25.68% in August 2024 due to unprecedented tax hikes. According to the All Pakistan […]