In a country where economic challenges often push the salaried class, particularly the frontline workforce, into cycles of debt, Neem… Read More
FBR Announces Decision on Extension for Income Tax Return Filing Deadline
The Federal Board of Revenue (FBR) has announced an extension for the filing of income tax returns for the tax… Read More
FBR’s Decision to Increase Taxes on Late Filers is Illegal, LHC Says
Lahore High Court (LHC) has declared that the enhanced rates of withholding tax on late filers of income tax returns… Read More
This Mobility Startup is Doing What Others Couldn’t – But How?
The founder of Karachi-based mobility startup BusCaro Maha Shahzad recently shed light on the company’s journey and its mission to… Read More
New FBR Trick: Taxpayers Will Be Categorized as Late Filers for Filing Returns After Due Date
A taxpayer will be classified as a late filer if they failed to file tax return in due date September… Read More
Govt Has Decided to Completely End Concept of Non-Filers: FBR Chairman
Chairman Federal Board of Revenue (FBR) Rashid Mahmood said that the government has decided to completely abolish the concept of… Read More
Minority Shareholder Rejects Sale of Shell Pakistan Ltd to Saudi Oil Company
A minority shareholder has rejected Shell Pakistan’s Limited’s sale to Saudi Arabia’s Wafi Energy Holding Limited and complained to the… Read More
Pakistan’s Cash in Circulation Rises By Rs. 212 Billion in Just A Week
Cash holdings in Pakistan have recorded a substantial increase of Rs. 212.7 billion in the week that ended on September… Read More
Govt Calls for Action Against Corrupt FBR Officers Discouraging Foreign Investment
The Establishment Division has directed the Chairman Federal Board of Revenue (FBR) to take action against irregularity, corrupt practices and… Read More
Civil Aviation Authority Takes FBR to Supreme Court Over Rs. 50 Billion Tax Dispute
The Civil Aviation Authority (CAA) has taken its Rs. 50 billion tax dispute with the Federal Board of Revenue (FBR)… Read More
ADB Pledges $8 Billion in Loans to Pakistan Over Four Years
The Asian Development Bank (ADB) has pledged $2 billion in annual loans to Pakistan, beginning in 2024, with half of… Read More
FBR to Freeze Bank Accounts of Filers Who Deliberately Submit Incorrect Tax Returns
The Federal Board of Revenue (FBR) will freeze bank accounts of filers of income tax returns, who would deliberately submit… Read More
