Pakistan’s Federal Board of Revenue (FBR) has ignited a debate with its proposal to impose capital gains tax (CGT) on non-residents disposing of capital assets in Pakistan. This move, included […]
The Khyber Pakhtunkhwa Revenue Authority (KPRA) has achieved a remarkable feat by surpassing its annual tax collection target for the 2023-24 fiscal year, a full month ahead of schedule. This […]
Pakistan’s Federal Cabinet has taken steps to streamline the process for clearing humanitarian donations from customs. This move aims to ensure timely delivery of critical aid, particularly medical supplies and […]
Pakistan’s upcoming budget plans include a potential 1% sales tax hike and an overhaul of income tax, raising concerns about the impact on ordinary citizens. While the government aims to […]
Pakistan’s Federal Tax Ombudsman (FTO) reports a significant increase in taxpayer complaints regarding delayed tax refunds. This highlights ongoing concerns despite automation efforts. Key Points: Refund Delays: The FTO sees […]
Pakistan’s Securities and Exchange Commission of Pakistan (SECP) has submitted proposals to the Federal Board of Revenue (FBR) for the upcoming 2024-25 budget. These proposals aim to facilitate the corporate […]
Pakistan’s Securities and Exchange Commission of Pakistan (SECP) has submitted a set of budget proposals to the Federal Board of Revenue (FBR) for the upcoming 2024-25 fiscal year. These proposals […]
Pakistan’s government is ramping up tax reforms to bolster its struggling economy. The focus is now shifting towards high net-worth individuals, including freelancers and vloggers who earn in foreign currency, […]
Pakistan’s upcoming Budget 2024 promises significant changes to the country’s tax system. The Federal Board of Revenue (FBR) has proposed a series of reforms aimed at broadening the tax base, […]
The Federal Board of Revenue (FBR) in Pakistan has restored mobile service to over 7,000 individuals whose SIM cards were blocked for not filing income tax returns. Why Were SIMs […]