FBR authorized to appoint special panels for tax audit
Under Section 32A of Sales Tax Act, 1990 FBR is authorized to appoint special panels for conducting…
Tax rates on motor vehicles during tax year 2022
Tax rates on motor vehicles during tax year 2022The rates of income tax on motor vehicles for…
FBR revised minimum prices of steel as international prices rises
In the wake of increased prices of steel products in domestic and international markets, the Federal…
FBR imposed penalties on real estate agents for not implementing Anti-money laundering regime
The Federal Board of Revenue (FBR) has intensified offsite and onsite inspections against Designated…
Deadline for Digital Mode of Payments Proposed to further extend
Federal Board of Revenue (FBR) is examining a proposal to further extend time period beyond November…
FBR completed FATF actions on Anti Money Laundering and DNFBPs before deadline
FBR has completed actions on DNFBPs in the FATF action plan in just one reporting cycle and one year…
FATF declares Its Decision on Pakistan’s Grey List Status
In its recently held hybrid Plenary meeting, the Financial Action Task Force (FATF) has decided to…
SHC abolished federal duty on Phone calls
The Sindh High Court has abolished the federal excise duty of 75 paisas on every phone call of over…
Ineligible taxpayers manage to avail Traders' Voluntary Tax Compliance Scheme
The Federal Board of Revenue (FBR) Intelligence and Investigation (I&I) Inland Revenue (IR) has…
Penalty for Non Filing of Annual Income Tax Returns 2021
A penalty of Rs1,000 each day of default has been implemented from Saturday after the expiry of…
