Pakistan’s Federal Board of Revenue (FBR) has introduced a welcome change for businesses, revising the documentation required for filing monthly sales tax returns. From Balance Sheets to Summaries: A More […]
Pakistan’s Cellular Mobile Operators (CMOs) are at loggerheads with the Federal Board of Revenue (FBR) over a directive to block SIM cards of tax non-filers. This move, aimed at boosting […]
The Federal Board of Revenue (FBR) has announced the formation of a dedicated team to oversee the digital transformation of the country’s tax system. This initiative marks a significant step […]
The Pakistan Tax Bar Association (PTBA) is calling on the Finance Minister, Muhammad Aurangzeb, to expedite the release of draft tax return forms for the 2024 tax year. This move […]
Pakistan’s tax collection landscape is heating up as the Federal Board of Revenue (FBR) remains determined to enforce SIM card blocking for non-filers of income tax returns for 2023. This […]
The Federal Board of Revenue (FBR) of Pakistan is witnessing a surge in tax registrations, with a record 110,000 new sign-ups this week. This significant increase coincides with the FBR’s […]
The upcoming budget discussions are heating up, and proposals for income tax modifications are taking center stage. Here’s a breakdown of some key suggestions that could impact taxpayers: Relief for […]
The Pakistan Business Council (PBC) proposed several changes to the minimum tax for listed companies in the upcoming budget: Elimination of Minimum Tax: The PBC recommends completely removing the minimum […]
In a recent address at a ceremony in Lahore commemorating the diligent efforts of Federal Board of Tax officers, Prime Minister Shehbaz Sharif reiterated the government’s steadfast commitment to enhancing […]
Pakistan’s tax collection efforts have hit a roadblock with a disagreement between the Federal Board of Revenue (FBR) and the Pakistan Telecommunication Authority (PTA). The FBR aims to deactivate mobile […]