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FBR Notifies Chartered Accountants to Recover Taxes from Developers

FBR Notifies Chartered Accountants to Recover Taxes from Developers

Muhammad Ebrahim Mar 30, 2024

Following intervention by the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) has confirmed that chartered accountant (CA)…

A typewriter with a paper that reads "TAX HEAVEN."

Pakistan Grants Billions in Tax Breaks to Aviation Authorities, Raising Concerns

Muhammad Ebrahim Mar 30, 2024

Pakistan’s recent tax exemptions for the Civil Aviation Authority (CAA) and Pakistan Airports Authority (PAA) have sparked controversy. Here’s a…

Khyber-Pakhtunkhwa Revamps Sales Tax System: Fixed Rates for Restaurants & Wedding Halls

Khyber-Pakhtunkhwa Revamps Sales Tax System: Fixed Rates for Restaurants & Wedding Halls

Web Desk Mar 29, 2024

The Khyber-Pakhtunkhwa (KP) government is set to introduce a new sales tax system for the province. Here’s a breakdown of…

FBR Announces Mandatory Online (POS) Integration for Businesses 

FBR Announces Mandatory Online (POS) Integration for Businesses

Muhammad Ebrahim Mar 26, 2024

Attention Pakistani businesses! The Federal Board of Revenue (FBR) has issued a new regulation (SRO 428(I)/2024) mandating online integration with…

FBR Cracks Down on Untaxed Traders with New Registration Scheme

FBR Cracks Down on Untaxed Traders with New Registration Scheme

Muhammad Ebrahim Mar 25, 2024

Federal Board of Revenue (FBR), has taken a significant step towards formalizing the retail sector and boosting tax collection. The…

Advance Tax Rules for Small Businesses under Tajir Dost Scheme

Advance Tax Rules for Small Businesses under Tajir Dost Scheme

Quratul Ain Mar 24, 2024

Part II of S.R.O. 420(I)/2024 outlines the new framework for advance tax payments under the “Tajir Dost Scheme” for small…