Month: August 2021
FBR takes action against integrated tier-1 retailers for non compliance
Large Taxpayers Office (LTO) Lahore has taken action against the integrated retailers on discontinuation from the Point of Sale (POS)… Read More
Government appoints seventh chairman FBR to Dr Muhammad Ashfaq Ahmed
Dr Ashfaq Ahmed has been appointed as the new FBR chairman. This is the seventh time the government is appointing… Read More
FBR issues clarification on use of pirated software
After conducting a preliminary internal investigation on the recent FBR cyber-attack, it has been discovered that the use of pirated… Read More
FBR announces planned system downtime up to 30th August 2021
Federal Board of Revenue (FBR) issued Press release today (on 22nd August, 2021) regarding the scheduled downtime of it's systems… Read More
NADRA introduces new verification system to stop fake CNICs
The National Database and Registration Authority (Nadra) has launched a ‘Qaumi Tasdeeq-o-Tajdeed Campaign’ (QTTC), a new system for verification of… Read More
FBR amends Section 122 of IT Ordinance regarding time limit for proceedings
The Federal Board of Revenue (FBR) will enforce new amendment to Section 122 of the Income Tax Ordinance, 2001 for… Read More
All about Pakistan Single Window and step by step registration procedure
What is Pakistan Single Window (PSW) ? Pakistan Single Window (PSW) is a newly launched trade system, which provides a… Read More
Changes to offences and penalties under Finance Act 2021
The Income Tax (Second Amendment) Ordinance, 2021 promulgated in March 2021 was proposed to be made part of the Bill… Read More
FBR issues draft income tax return form for individuals
The Federal Board of Revenue (FBR) has issued draft income tax return form for individuals, deriving income under any head… Read More
Eye opening facts of cyber attack on FBR data center
On the question of a journalist Finance Minister Shaukat Tarin informed that he has decided to take a third-party view… Read More