Pakistan’s Federal Board of Revenue (FBR) is revamping its customs operations with a brand new digital management system. This project aims to streamline trade processes, improve compliance, and enhance ease […]
Pakistan’s Federal Board of Revenue (FBR) is proposing significant changes for the retail sector in the upcoming federal budget for 2024-25. These proposals aim to enhance tax compliance and broaden […]
The Overseas Investors Chamber of Commerce and Industry (OICCI) is lobbying the Pakistani government to abolish advance tax on telecom subscribers in the upcoming budget. They argue this tax disproportionately […]
Pakistan’s upcoming budget for the 2024-25 fiscal year proposes significant changes aimed at broadening the tax base. The Federal Board of Revenue’s (FBR) budget proposals outline increased withholding tax rates […]
Pakistanis who are not registered as active taxpayers (non-filers) may soon face a higher withholding tax on bank cash withdrawals. The Federal Board of Revenue (FBR) is considering raising the […]
The Federal Board of Revenue (FBR) in Pakistan is witnessing a significant boost in tax registrations, and the Tajir Dost Scheme appears to be a driving force behind this positive […]
The Federal Board of Revenue (FBR) is taking a strong stance against tax evasion in Pakistan’s lead battery industry. In its proposed reforms for the upcoming budget (2024-25), the FBR […]
The Federal Board of Revenue (FBR) in Pakistan is contemplating a potential game-changer for the e-commerce sector: mandatory sales tax deposits by online retailers. This proposal, under consideration for the […]
The Federal Board of Revenue (FBR) in Pakistan has thrown a potential curveball at the real estate sector by proposing the elimination of capital gains tax (CGT) relief on the […]
The Large Taxpayers Office (LTO) in Karachi has emerged as a champion of tax collection, generating a staggering Rs 4 billion in just ten months (July 2023 – April 2024) […]