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FBR Streamlines Income Tax Refunds with New Electronic System

FBR Streamlines Income Tax Refunds with New Electronic System

Quratul Ain May 29, 2024

Federal Board of Revenue (FBR) is set to unveil a new electronic system for clearing outstanding income tax refunds. This…

Pakistan Aims for Higher Trade Taxes in Budget 2024-25

Pakistan Aims for Higher Trade Taxes in Budget 2024-25

Quratul Ain May 29, 2024

Federal Board of Revenue (FBR) is aiming high for the upcoming fiscal year. Their target? An additional Rs 205 billion…

FBR Eyes Tax on Early Sale of Government Securities

FBR Eyes Tax on Early Sale of Government Securities

Quratul Ain May 28, 2024

The Federal Board of Revenue (FBR) is proposing a new tax in Pakistan’s upcoming budget for 2024-25, targeting the sale…

FBR Sees Big Jump in Income Tax from Bank Deposits

FBR Sees Big Jump in Income Tax from Bank Deposits

Quratul Ain May 28, 2024

Federal Board of Revenue (FBR) is celebrating a significant win on the tax collection front. They’ve raked in a whopping…

FBR Targets Fake Invoices with Potential ST Registration Suspension

FBR Targets Fake Invoices with Potential ST Registration Suspension

Quratul Ain May 28, 2024

Federal Board of Revenue (FBR) is tightening its grip on tax evaders. The FBR is proposing a bold move in…

Pakistan Eyes Pension Tax in Upcoming Budget: Balancing Revenue Needs with Retiree Security

Pakistan Eyes Pension Tax in Upcoming Budget: Balancing Revenue Needs with Retiree Security

Quratul Ain May 28, 2024

Pakistan’s upcoming budget for 2024-25 might see a significant change impacting retirees. The government is considering introducing a tax on…