Month: August 2021
Instructions of State Bank regarding Cost of using Digital Fund Transfer Services
The State Bank of Pakistan on 16th June 2021 issued circular PSD Circular No. 02 of 2021 whereby SBP allowed banks… Read More
FBR issues latest explanation on FBR Data Center
Federal Board of Revenue (FBR) has issued the explanation regarding latest situation pertaining to service optimization of FBR Data Center.… Read More
FBR Extends Deadline for Filing Sales Tax and FED Returns
The Federal Board of Revenue (FBR) has extended the date of payment and submission of Sales Tax and Federal Excise… Read More
Pakistan starts export of smartphones
After formal authorization from Pakistan Telecom Authority (PTA), Inovi Telecom has exported 5,500 units of 4G smartphones carrying "manufactured in… Read More
About taxes on corporate income in Pakistan
A resident company is taxed on its worldwide income. Non-resident companies operating in Pakistan through a branch are taxed on… Read More
FBR issues clarification regarding disturbance in Data Center
Federal Board of Revenue has issued a clarification regarding disturbance in Customs Operations due to up gradation of FBR Data… Read More
Cyber attack on FBR websites, affected all data centers, and shipments
The Federal Board of Revenue (FBR) has been the target of a cyber attack by hackers that has shut down… Read More
FBR official website down and not responding
The official website of Federal Board of Revenue (FBR) is not available online for the past few hours. As creating… Read More
2 Companies reportedly found Involved in Rs6 Billion Mega Tax Fraud
Public Accounts Committee (PAC) has referred two mega tax fraud cases involving over Rs. 6 billion to the National Accountability… Read More
FBR Increases Customs Duties of Chinese Mobile phone accessories
Directorate General of Customs Valuation Karachi has increased customs values of the accessories of the Chinese-origin mobile phone accessories for… Read More