Number of active taxpayers dropped by 30%
In a worrying development, the number of active taxpayers has dropped by 30% or 935,000 to just 2.2…
Senior Chartered Accountant Rana Muhammad Anwar Khan Passed Away
With profound grief, it is intimated that Rana Muhammad Anwar Khan, a renowned and Senior Chartered…
FBR Encouraged Taxpayers’ to get their legal cases resolved through ADRC
FBR Encouraged taxpayers to resolve cases through ADRC immediately. FBR issued a press release at…
Sales Tax Relief by Punjab Revenue Authority
Through the Finance Act, 2020, the Government of the Punjab reduced the rate of Punjab Sales Tax on…
Clearance in Sky: Pakistan Customs introduced a pre-arrival clearance facility
Pakistan has introduced a system for pre-arrival clearance of imported goods coming through the air…
Govt imposing additional taxes on cars from next week
It was learned on Friday that the government is considering issuing a tax amendment ordinance next…
FBR Abolished Additional Customs Duty on Import of Electric vehicles
Federal Board of Revenue (FBR) has abolished additional customs duties on the import of electric…
Auto loans increased by 19% to Rs. 41 Billion in December 2020
Auto loans reportedly increased by 19% to Rs. 41 Billion in December 2020 after interest rate cuts…
FBR introducing tax stamps for track & trace system from July 2021
The Federal Board of Revenue (FBR) expects to introduce tax stamps on products in various sectors…
Tax on Agricultural Income in Pakistan
Tax on Agricultural Income in PunjabAgricultural income is an exempt income from tax under…
