The Pakistan Tax Bar Association (PTBA) has raised concerns regarding the functioning of the Appellate Tribunal Inland Revenue (ATIR), emphasizing the need for an oversight committee to address issues that […]
Taxpayers Facing Unnecessary Hardship The Karachi Tax Bar Association (KTBA) has highlighted the issue of taxpayers facing undue difficulties due to delays in updating the Income Tax General Order (ITGO). […]
Heavy Tax Burden Traders in Khyber Pakhtunkhwa have strongly condemned the government’s Tajir Dost scheme, labeling it as detrimental to businesses. They argue that the imposition of advance income tax, […]
Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah visited the SITE Association of Industry to address concerns raised by taxpayers. Key Points: Complaint Resolution: The FTO highlighted a successful track […]
Lahore, Pakistan – The Punjab Revenue Authority (PRA) has initiated a crackdown on establishments that have failed to comply with the mandatory installation of the Electronic Invoice Monitoring System (EIMS). […]
FBR Under Scrutiny Prime Minister Shehbaz Sharif has expressed serious concerns over the performance of the Federal Board of Revenue (FBR), particularly the Track and Trace System. The system, designed […]
In a significant move to modernize its tax collection system, the government has established a ten-member task force to oversee the comprehensive digitalization of the Federal Board of Revenue (FBR). […]
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) and relevant authorities to implement a system allowing salaried individuals and pensioners to adjust taxes withheld at […]
The Federal Board of Revenue (FBR) has amended the Sales Tax Rules, 2006, through S.R.O. No. 1130(T)/2024. These changes aim to simplify the input tax adjustment process for businesses. Key […]
The Federal Board of Revenue (FBR) has issued Income Tax Circular No. 1 of 2024-25, detailing significant changes introduced under the Finance Act 2024. Key Changes: 100% Tax Credit: Entities […]