UPDATESDecember 9, 2021FBR decided to impose effective section 40B of the Sales Tax Act 1990 to curb tax evasion By Admin The Federal Board of Revenue (FBR) has decided to outline guide techniques for Inland Revenue…Read more
TAXATIONDecember 6, 2021Senate recommends FBR to cancel recently revised property valuation rates By Admin The Senate Standing Committee on Finance, Revenue, and Economic Affairs has recommended the Federal…Read more
UPDATESDecember 6, 2021FBR lifts valuation rates of immovable properties in one go up to 600 per cent By Admin The Federal Board of Revenue (FBR) has increased the valuation rates of immovable properties in the…Read more
UPDATESDecember 3, 2021FBR Wins First Ever Court Conviction under Anti Money Laundering Act By Admin FBR has succeeded in winning the first ever case of conviction for the offence of money laundering…Read more
TAXATIONNovember 30, 2021FBR provided 14m records of transactions of non-filers over to Nadra By Admin ISLAMABAD: A meeting on broadening of tax base was informed that the Federal Board of Revenue (FBR)…Read more
TAXATIONNovember 25, 2021FBR authorized to appoint special panels for tax audit By Admin Under Section 32A of Sales Tax Act, 1990 FBR is authorized to appoint special panels for conducting…Read more
UPDATESNovember 24, 2021FBR’s Track & Trace System on Sugar Sector Inaugurated By Admin In a historic development and a special ceremony organized at Prime Minister’s Office here on…Read more
UPDATESNovember 19, 2021FBR's helplessness against tax dodgers By Admin Chairman FBR has shown his inability to bring over 4 million willful law violators to the tax net…Read more
BusinessesOctober 22, 2021FBR completed FATF actions on Anti Money Laundering and DNFBPs before deadline By Admin FBR has completed actions on DNFBPs in the FATF action plan in just one reporting cycle and one year…Read more
UPDATESOctober 15, 2021No Warning from FBR before freezing taxpayers bank accounts By Admin Previously, FBR had to inform taxpayers 24 hours prior to freezing their bank account. Business…Read more