Pakistan’s steel industry is calling on the government to slash its turnover tax rate, citing economic hardship and a desire for a more level playing field. The Pakistan Association of […]
The Federal Board of Revenue’s (FBR) renewed efforts to expand Pakistan’s tax net through the Tajir Dost Scheme (Trader’s Dost Scheme) raise questions about the effectiveness of its strategies. Despite […]
Pakistan’s business community is facing a major hurdle due to a malfunction in the Federal Board of Revenue’s (FBR) portal. This glitch is denying input tax adjustments to registered sales […]
The recent move by the Federal Board of Revenue (FBR) to block the mobile SIMs of over 500,000 individuals for non-filing of income tax returns has sparked concerns about a […]
The Federal Board of Revenue (FBR) of Pakistan has taken a significant step to improve tax compliance! In an effort to ensure individuals fulfill their tax obligations, the FBR has […]
Pakistan’s National Assembly has passed a landmark tax reform bill, the Tax Laws (Amendment) Bill, 2024. This legislation aims to significantly improve the efficiency of the tax litigation process and […]
Pakistan Launches Scheme to Bring Shopkeepers into Formal Economy Pakistan’s Federal Board of Revenue (FBR) has introduced a new initiative, the Tajir Dost Scheme, aimed at integrating small traders and […]
Pakistan is contemplating a major overhaul of its agricultural income taxation system. The Federal Board of Revenue (FBR) is exploring the possibility of requiring agricultural income earners to file annual […]
The Federal Board of Revenue (FBR) of Pakistan has issued two key notifications aimed at streamlining the registration and integration of Tier-1 Retailers with the FBR’s Point-of-Sale (POS) system. Notification […]
Pakistan’s Power Division has firmly denied recent news reports suggesting a fixed tax on solar power generation. The official statement, issued on Saturday, clarifies that neither the Central Power Purchasing […]