The Federal Board of Revenue’s (FBR) tax expenditure report for the 2024 fiscal year reveals significant tax exemptions granted to pensioners across Pakistan. Here’s a breakdown of the key findings: […]
Pakistan’s Federal Board of Revenue (FBR) is implementing a significant change to expedite the processing of sales tax refund claims. Here’s a breakdown of the key points: New Positions Created: […]
The Pakistani federal cabinet, led by Prime Minister Shehbaz Sharif, convened on Tuesday and addressed various critical issues impacting the nation. Here’s a summary of the key decisions: Solar Power […]
Federal Board of Revenue (FBR) is implementing special measures to maximize tax collection before the fiscal year ends on June 30th, 2024. Extended Working Hours: Large Tax Offices (LTOs), Medium […]
The Pakistani government is proposing stricter measures to encourage tax compliance through the amended Finance Bill 2024. Here’s a breakdown of the key proposals: Frozen Bank Accounts for Non-Filers: The […]
The Federal Board of Revenue (FBR) of Pakistan has issued a public notice S.R.O. 895(I)/2024 regarding upcoming amendments to the Income Tax Rules, 2002. Key Takeaway: The most crucial information […]
Pakistan’s proposed Finance Bill for 2024 has sparked discussions regarding limitations on foreign travel for citizens who haven’t filed their income tax returns. Here’s a breakdown of the key points: […]
Pakistan’s IT industry, a bright spot in the economy, faces a unique challenge: how to balance tax incentives with fair competition and sustainable growth. The Pakistan IT Industry Association (P@SHA) […]
Pakistan’s Finance Bill 2024 proposes several changes impacting taxpayers, including the withdrawal of specific tax concessions and restrictions on foreign travel for non-filers. Let’s break down the key points: Goodbye […]
The Federal Board of Revenue (FBR) Chairman, Amjed Zubair Tiwana, has clarified that the government has not made a final decision on reversing recent tax increases for salaried individuals proposed […]