BusinessesAugust 21, 2021FBR amends Section 122 of IT Ordinance regarding time limit for proceedings By Admin The Federal Board of Revenue (FBR) will enforce new amendment to Section 122 of the Income Tax…Read more
UPDATESDecember 7, 2022IT Exporters Facing Issue in Filing Income Tax Returns | Section 154A @1% By Admin IT Exporters Facing Issue in Filing Income Tax Returns | Section 154A @1%IT Exporters Facing…Read more
UPDATESDecember 26, 2021FTO orders to probe tax officials involved in sales tax refund scam By Admin The Federal Tax Ombudsman (FTO), in pursuance of Own Motion (OM) investigation powers conferred to…Read more
UPDATESSeptember 20, 2021NADRA empowered to use artificial intelligence to increase tax base By Admin National Database and Registration Authority (NADRA) has been empowered by government to compute…Read more
TAXATIONSeptember 8, 2021Last date to filing income tax return and penalty for non filing By Admin TAX PERIOD FOR INCOME TAX RETURNIncome Tax Return relates to a specific tax year. A tax year is…Read more
UPDATESJuly 5, 2021FBR issues SRO for procedure of electronic audit of income tax cases By Admin The Federal Board of Revenue (FBR) on Tuesday issued a procedure for selection and conducting…Read more
TAXATIONJanuary 16, 2021Criteria for selection & conduct of income tax audit By Admin The Federal Board of Revenue (FBR) has issued a criteria for selection and conduct of income tax…Read more
BUDGETJanuary 4, 2021FBR allowed to taxpayers to file settlement application for agreed assessment By Admin FBR allowed to taxpayers to file settlement application for agreed assessment.The Federal Board…Read more
UPDATESDecember 14, 2020File tax return or pay penalty for tax year 2020: FBR started issuing tax notices By Admin Federal Board of Revenue (FBR) has started issuing tax notices on non-submission of tax return for…Read more
UPDATESDecember 2, 2020FBR disposed off cases without audit: Notices Issued By Admin FBR disposed off cases without audit and in response to this FBR has recently issued tax Notices to…Read more