The Federal Board of Revenue (FBR) is anticipating a real-time system that would provide real-time data of all financial transactions… Read More
FBR Announces A New Tax System for Imported Car Parts
The Federal Board of Revenue (FBR) has decided to do away with the system of clearing inbound automotive parts on… Read More
Govt is Considering Cutting Taxes in Next Mini-Budget
The federal government is mulling an option to provide relief to late filers of taxes by lifting the restrictions placed… Read More
FBR Launches Operation Against Tax Evaders With Hidden Assets
The Federal Board of Revenue (FBR) has launched a mega drive against the big fishes who have a high net… Read More
Deadline for the Submission of Income Tax Returns Has Not Been Extended: FBR
The Federal Board of Revenue (FBR) has clarified that it has not extended the last date for filing income tax… Read More
Govt Cracks Down on Landlords and Politicians for Evading Agri Income Tax
Meeting a long-standing demand to tax all sort of incomes, especially agri-income, to widen the tax base, the PTI-led government… Read More
NAB to Investigate Tax Evasion in Cigarette Industry Worth Rs. 60 Billion
The Regional Board of National Accountability Bureau (NAB) Rawalpindi has notified the NAB headquarters about the tax evasion of Rs.… Read More
Govt is Going To Impose ‘Sin Tax’ on Cigarette Smokers
The Pakistan Tehreek-e-Insaf government has taken a ‘revolutionary’ step to discourage smoking in the country and decided to levy a special… Read More
FBR Extends Deadline to File Tax Returns
The Federal Board of Revenue (FBR) has once again extended the deadline to file income tax returns. The board had… Read More
FBR Seizes Al-Haj FAW’s Bank Accounts Over Tax Default
The Federal Board of Revenue (FBR) has frozen the bank accounts of Al-Haj FAW Motors after the company defaulted on… Read More
Cabinet Constitutes Committee for Tax Reforms
The Federal Cabinet has decided to separate tax policy from revenue administration in line with the manifesto of the ruling… Read More
FBR Official Transferred for Issuing Tax Recovery Notices to Influential Stock Brokers
A deputy commissioner of Inland Revenue Service (IRS) of the Federal Board of Revenue, who issued tax recovery notices to… Read More