The Federal Board of Revenue (FBR) has announced the new salary tax slabs for the tax year 2024, effective from July 1, 2023, to June 30, 2024. This article provides a detailed explanation of these tax slabs and how they impact your taxable income.
This message serves as a crucial reminder for anyone who received a Notice 120(3) regarding their Income Tax Return (ITR). This notice signifies that your ITR contains deficiencies and could […]
The Federal Board of Revenue (FBR) has issued a notification announcing revised excise duty rates for locally produced cigarettes in Pakistan. These changes, effective immediately, aim to regulate the tobacco industry and potentially generate additional revenue for the government.
The Federal Board of Revenue (FBR) in Pakistan has recently made a positive move to ease recoveries for taxpayers until the first appeal is filed. In the past, officers of […]
The Federal Board of Revenue (FBR) has decided to remove non-filers from the Active Taxpayer List (ATL). The decision comes as a part of the FBR’s effort to increase tax […]
Quetta, Balochistan – The Balochistan Revenue Authority (BRA) has issued a reminder to all industrialists in Balochistan province about their tax obligations under the newly enacted Balochistan Worker’s Welfare Fund […]
Islamabad, Pakistan: The Federal Board of Revenue (FBR) has issued a notification updating the fair market value of immovable properties in Islamabad. The notification, S.R.O. 1180(I)/2022, was issued on August 1, […]
Multan, Pakistan: The Federal Board of Revenue (FBR) has issued a notification updating the fair market value of immovable properties in Multan. The notification, S.R.O. 1267(I)/2022, was issued on August 1, […]
The Federal Board of Revenue (FBR) is working tirelessly to increase Pakistan’s tax base for the growth of the economy. Despite the fact that some people are paying taxes, those […]
At the end of the third quarter of current financial year, FBR has collected Rs. 6,710 billion against an assigned target of Rs. 6,707 billion for the first nine months […]
