The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is calling for the abolition of the “further tax” in the upcoming 2024-25 budget. This levy, introduced in 2013, is […]
Pakistan’s Federal Board of Revenue (FBR) is taking a firm stance against non-filers of income tax returns. Their efforts have resulted in the blocking of over 105,000 SIM cards as […]
Pakistan’s upcoming budget for fiscal year 2024-25 faces uncertainty as key tax proposals remain undecided. These decisions are crucial for generating revenue to support the country’s economic framework. Stalemate on […]
Pakistan’s tax landscape could be undergoing a significant change as the Federal Board of Revenue (FBR) proposes a reduction in sales tax exemptions for the upcoming budget. FBR Pushes for […]
The Islamabad High Court (IHC) has issued a significant ruling regarding the Federal Board of Revenue’s (FBR) attempt to block the SIM cards of non-tax filers. Here’s a breakdown of […]
Pakistan’s Federal Board of Revenue (FBR) has made a significant breakthrough in its fight against tax evasion. They’ve unearthed a Rs. 22 billion sales tax fraud orchestrated by two companies. […]
The Lahore High Court (LHC) has issued a landmark decision protecting taxpayers from the retrospective application of the super tax in Pakistan. This ruling applies to the tax year 2022. […]
Pakistan’s Federal Tax Ombudsman (FTO) is cracking down on what it sees as flaws in how banks handle withholding taxes. The FTO has issued recommendations urging the Federal Board of […]
Pakistan’s government has withdrawn a major budget proposal that would have imposed a 10% tax on pensions exceeding Rs. 100,000 per month. This decision comes after Prime Minister Shehbaz Sharif […]
The Karachi Tax Bar Association (KTBA) is raising red flags about technical glitches on the Federal Board of Revenue’s (FBR) portal that are stalling the sales tax registration process. These […]