FBR updates, income tax, budgets and markets for Pakistan
219 articles
The National Database and Registration Authority (Nadra) has launched a ‘Qaumi Tasdeeq-o-Tajdeed Campaign’ (QTTC), a new system for verification of the family members. National Database and Registration Authority (Nadra) launched a new…
The official website of Federal Board of Revenue (FBR) is not available online for the past few hours. As creating problems for income tax return filers as the last date is 30th…
All tier-1 retailers are required to integrate all their POSs with FBR’s computerized system. ‘Tier-1 retailer’ is defined in section 2(43A) of the Sales Tax Act, 1990, to be a person who…
Saudi Arabia imposing a three-year travel ban on citizens travelling to those countries which are on the kingdom's 'red list'. according to their state news agency SPA said on Tuesday. Peoples who…
The federal government declared an amount of Rs. 4.261 million as compensation (diyat) for the current financial year 2021-22. The declaration is part of “Qisas and Diyat” Ordinance 1990. Diyat in Islamic…
Online ATL status check allows you to confirm your Active Taxpayer status with FBR in real time. You can check it by using this portal of FBR: www.e.fbr.gov.pk . Check Individual’s Active…
In its proposals for budget 2021/2022, the Karachi Tax Bar Association (KTBA) said. That Section 49(3) of the Income Tax Ordinance, 2001 has specified. That payment received by the Federal, Provincial or…
The last date for encashment or conversion of Rs 15,000 prize bond was June 30, 2021, while, May 31, 2021 was for Rs. 25,000 and Rs 40,000 prize bonds. The SBP has…
Step: 1Application : The applicant will provide his / her National Identity number (CNIC), deceased persons death certificate and National Identity number (CNIC No). Step: 2Details of Legal Heirs and Assets: The…
The Construction of Eastbay Expressway is the main project of Gwadar Port through which the entire traffic of gwadar port will flow. The purpose of Eastbay Expressway is to provide primary connectivity…
Please go to https://iris.fbr.gov.pk/public/txplogin.xhtml and Click “Registration for Unregistered Person”. 1- Please use your Iris login and password to enter in Iris application. 2- After logging in, on left upper corner of…
The online tax course offered by Global Tax Consultants comprises of theoretical, practical and numerical concepts of Tax Laws prevailing in Pakistan. In this online tax course opportunity available to learn the…
A notification issued by the Administrator-General Zakat about zakat Nisab. Where the Nisab on bank accounts decided to a minimum of Rs 80,933 balance. It applies to Bank accounts like savings bank…
With the objective of constructing 50,000 housing units, an effort can be seen in the form of ‘LDA City Naya Pakistan Apartments’. Under this project, the government has approved the construction of…
State bank does the balloting for the 15000 Rs. Prize bonds. 1st prize of the 15000 Rs. prize bond of value 30,000,000 PKR awarded to 1 lucky winner, while second prize of…
Employee's tax refers to that tax which required to deduct by an employer from the amount of salary or remuneration paid by employer or payable or accrue by an employer. This process…
1 Fruit juices and vegetable juices2 Ice Cream.3 Aerated waters or beverages.4 Syrups and squashes.5 Cigarettes.6 Toilet soap7 Detergents8 Shampoo9 Toothpaste10 Shaving cream11 Perfumery and cosmetics14 Tea15 Powder drinks16 Milky drinks17 Toilet…
Dr Raza Baqir graduated from Harvard University. After this he obtained a PhD in economics at the University of California Berkley. Before his current position as Governor, State Bank of Pakistan. Dr…
He was a very senior member of Institute of Chartered Accountants of Pakistan (ICAP). Rana Muhammad Anwar FCA served in his profession of chartered accountancy for more than 60 years. He was…