PoS fee collection soars to PKR 660 mn in FY23, FBR announces September 10, 2024 Islamabad: The Federal Board of Revenue (FBR) has announced an increase in Point-of-Sale (PoS) service … See more
FBR to hike property valuation rates by up to 100% in 42 cities September 9, 2024 Islamabad: The Federal Board of Revenue (FBR) is preparing to significantly increase property valuation rates … See more
FBR revises income tax rates, issues new cards, announces exemptions September 6, 2024 Islamabad: The Federal Board of Revenue (FBR) has unveiled a new tax card for the … See more
Tajir Dost Scheme: Traders for paying PKR 5,000 per month September 6, 2024 Islamabad: The traders’ community demand to the Federal Board of Revenue (FBR), calling for a … See more
Punjab set to impose new property tax on 5 marla, larger houses September 4, 2024 Lahore: The Punjab government is considering the introduction of a new property tax targeting 5 … See more
FBR may increase WHT in case of missing tax collection targets September 3, 2024 Islamabad: The Federal Board of Revenue (FBR) has proposed a 1% increase in withholding tax … See more
Audit launched for all private housing schemes in Islamabad District August 28, 2024 Islamabad: Islamabad Deputy Commissioner (DC) Irfan Nawaz Memon has initiated a thorough audit of all … See more
FBR forms working group to increase tax collection, meet 2024-25 targets August 28, 2024 Islamabad: The Federal Board of Revenue (FBR) has launched a 32-member task force to tackle … See more
FBR announces deadline for filing income tax returns 2024 August 23, 2024 Islamabad: The Federal Board of Revenue (FBR) has announced that September 30 is the final … See more
FBR cannot penalise late filers: Tax experts August 19, 2024 Islamabad: The Federal Board of Revenue (FBR)’s attempt to implement a penalty on the newly … See more
PM emphasises swift action on FBR digitisation, tax reforms July 20, 2024 Islamabad: Prime Minister Shehbaz Sharif has instructed the Federal Board of Revenue (FBR) to accelerate … See more
Effective July 1, FBR updates WHT regulations for property deals July 10, 2024 Lahore: The Federal Board of Revenue (FBR) has updated its withholding tax (WHT) regulations affecting … See more
FBR reports PKR 78 bn annual revenue loss from tax exemptions July 5, 2024 Islamabad: The Federal Board of Revenue’s 2024 Tax Expenditure Report highlights significant revenue losses due … See more
FPCCI, FBR propose 30% Tax on Non-Filers’ bank deposits to curb black money June 26, 2024 Islamabad: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Atif Ikram Sheikh … See more
Plot purchasing hit with 5% FED in PAK’s latest budget move June 25, 2024 Islamabad: The Pakistan Government has recently proposed a 5% federal excise duty (FED) on the … See more
FBR grants extension for May 2024 tax period submissions June 20, 2024 Islamabad: The Federal Board of Revenue (FBR) has announced an extension for the payment and … See more
Increased Withholding Tax on property transactions for non-filers, announces GoP June 12, 2024 Islamabad: The Pakistan Government, under IMF directives, will hike taxes on property transactions for both … See more
Punjab unveils tax reforms agenda to boost revenue May 11, 2024 Lahore: Punjab Finance Minister Mujtaba Shujaur Rehman emphasized the necessity of economic documentation, announcing plans … See more
World Bank briefed on FBR’s digitalised tax policy May 9, 2024 Islamabad: The Vice President of the World Bank (WB) Martin Raiser visited the Federal Board … See more
FBR orders SIM blockage for Non-Filers despite PTA refusal May 6, 2024 Islamabad: The Federal Board of Revenue (FBR) is taking a strict stance on tax compliance, … See more