Updated Tax Exemptions and Tax Credits for the Financial Year 2021-2022
Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and…
President Alvi ordered on the issue of failure to upload declarations under tax amnesty scheme
The President of Pakistan, Dr. Arif Alvi, issues an order in favor of the declarants of the Tax…
FBR and NADRA Drafted Plans to start national level exercise to Broaden the Tax Base
The Federal Board of Revenue (FBR) on Monday informed to Finance Minister Shaukat Tarin that the tax…
How to Check Active Taxpayer Status of Income Tax with FBR ?
Active Taxpayer status (ATL status ) with FBR can be checked in any of the following three (3)…
FBR Reveals Draft Rules for New Export Scheme
The Federal Board of Revenue (FBR) released draft rules for new Export Facilitation Scheme 2021. FBR…
FBR Not providing tax concessions to Foreign Exchange Remittance Card holders
It has been disclosed that the Federal Board of Revenue (FBR) is not offering the facility of duty…
Cabinet exempts state owned enterprises from transparency rules
The federal cabinethas amendedthe procurement rules to allow the government to award…
Profit Rates of National Savings Certificates Revised
The Finance Ministry has revised the profit rates on National Savings Schemes certificates. A…
Rupee Weakens Further Against Dollar
The Pak-rupee extended losses against the US-dollar on Wednesday, owing to the higher demand for…
FBR Issues Circular for Tax Recovery Procedures From Cooperative Housing Societies
Federal Board of Revenue (FBR) issued Circular No. 3 of 2022 Dated: July 5th, 2021 regarding…
