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Why Did Your ATL Status Become Inactive in March? A Guide for In-Active Taxpayers

Why Did Your ATL Status Become Inactive in March? A Guide for In-Active Taxpayers

Quratul Ain Mar 13, 2024

Many active taxpayers in Pakistan recently discovered their ATL (Active Taxpayer List) status became inactive in March 2024. This can…

A person using a mobile phone with a financial dashboard.

New FBR Digital Invoicing Portal: Streamlined Licensing for IT Companies

Quratul Ain Mar 12, 2024

The Federal Board of Revenue (FBR) has introduced a digital invoicing system and a dedicated online portal to manage it.…

Businesses with High Sales Must Inform FBR

Businesses with High Sales Must Inform FBR

Muhammad Ebrahim Mar 12, 2024

The Federal Board of Revenue (FBR) has introduced a new rule for businesses registered for sales tax. This article explains…

Islamabad High Court Strikes Down “7E Deemed Income Tax” on Property

Islamabad High Court Strikes Down “7E Deemed Income Tax” on Property

Muhammad Ebrahim Mar 10, 2024

Pakistan’s Islamabad High Court (IHC) has ruled Section 7E of the Income Tax Ordinance, 2022, unconstitutional. This section, introduced through…

Cars in Pakistan

FBR Raises Sales Tax on Motor Vehicles to 25%

Quratul Ain Mar 9, 2024

The Federal Board of Revenue (FBR) in Pakistan has increased sales tax on certain motor vehicles in an attempt to…

FBR Announces New Guidelines for Sales Tax Time Extensions

FBR Announces New Guidelines for Sales Tax Time Extensions

Muhammad Ebrahim Mar 5, 2024

Federal Board of Revenue (FBR) has issued a new Standard Operating Procedure (SOP) to simplify the process of requesting time…