UPDATESAugust 27, 2021License Issuance Procedures for Integration of Point of Sales of Tier-1 Retailers with FBR By Admin FBR issues SRO 1063(1)/2021, Dated: 24th August 2021Federal Board of Revenue (FBR) issues SRO No…Read more
BusinessesAugust 25, 2021FBR takes action against integrated tier-1 retailers for non compliance By Admin Large Taxpayers Office (LTO) Lahore has taken action against the integrated retailers on…Read more
BUDGETAugust 18, 2021Changes to offences and penalties under Finance Act 2021 By Admin The Income Tax (Second Amendment) Ordinance, 2021 promulgated in March 2021 was proposed to be made…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
BUDGETJune 30, 2021Taxpayers to update profile to remain in ATL and skip fine By Admin Taxpayers are required to update their profile by June 30, 2021, to avoid penalty and exclusion from…Read more
BUDGETJune 15, 2021FBR Officers Authorized to Arrest Anyone on Concealment of Income By Admin The Inland Revenue officers of the Federal Board of Revenue (FBR) have been given unlimited powers…Read more
BUDGETJune 5, 2021Shaukat Tarin warns Tax defaulters of action after third-party audit By Admin Federal Minister for Finance and Revenue Shaukat Tareen has warned that if any error is found after…Read more
UPDATESJune 1, 2021Sindh Revenue Board Announces Tax Relief Scheme By Admin The Sindh Revenue Board (SRB) has announced a tax incentive scheme. This scheme allows total…Read more
TAXATIONMay 27, 2021Directorate of Intelligence & Investigation (IR) unearths tax evasion in Lahore By Admin The Directorate of Intelligence & Investigation (IR), Lahore received authentic information…Read more
TAXATIONMarch 20, 2021PTBA Proposed the FBR to extend the last date for updating taxpayers’ profile By Admin Pakistan Tax Bar Association (PTBA) on Friday urged the Federal Board of Revenue (FBR) to extend the…Read more