Petrol Prices hits record level of Rs137 per litre
The government on Saturday increased the price of petrol by Rs10.49 per litre taking it to a record…
Last date to file income tax returns and extended timings of FBR and Banks
Notification of FBR for Collection of Duty & Taxes on 15th October, 2021, C.No. 1(137)…
No Warning from FBR before freezing taxpayers bank accounts
Previously, FBR had to inform taxpayers 24 hours prior to freezing their bank account. Business…
FBR decides to revise valuation of immovable properties
The Federal Board of Revenue (FBR) has decided to revise and increase the value of the immovable…
FBR issues directive to freeze taxpayers' bank accounts without notice
The Federal Board of Revenue (FBR) has issued office directive to allow the field formations to…
Tax Incentives granted under tax laws third amendment ordinance 2021
Within third month of passage of Finance Act, 2021, the Government felt the need of introducing…
Computational Errors in FBR Iris Portal identified by KTBA
Karachi Tax Bar Association (KTBA) has expressed dissatisfaction over the classification of income…
Prices of all petroleum products reduced
The federal government on Tuesday announced a reduction in prices of all petroleum products for…
FBR issues Manual Income Tax Return Forms for Individual and AOPs for Tax Year 2021
The Federal Board of Revenue (FBR) on Friday issued manual income tax returns forms for tax year…
Government appoints seventh chairman FBR to Dr Muhammad Ashfaq Ahmed
Dr Ashfaq Ahmed has been appointed as the new FBR chairman. This is the seventh time the government…
