FBR updates, income tax, budgets and markets for Pakistan
156 articles
FBR Extends Last Date to File Income Tax Returns to 31st October 2023. The Federal Board of Revenue (FBR) has announced an extension in the last date for filing income tax returns.…
FBR issues new active taxpayers list for Tax Year 2022. Here is the updated news regarding the active taxpayer list that the Federal Board of Revenue (FBR) on Wednesday, March 01, 2023,…
How to Become Active Tax filler in FBR in 2023. The active taxpayer list (ATL List) is a record of taxpayers who have submitted their annual income tax returns of previous years.…
The Federal Board of Revenue has announced a very interesting FBR POS Prize Scheme in which you can win 10,00,000 Rupees every month. FBR Announces prizes for purchasing any item from the…
Here we will explain that how a taxpayer can check tax filer status online and even download the updated active taxpayer list (ATL). Active Taxpayer status / Tax Filer status can be…
Here we will explain that how a taxpayer can check tax filer status online and even download the updated active taxpayer list (ATL). Active Taxpayer status / Tax Filer status can be…
Following is the procedure to Pay Penalty / surcharge for Late Filing of Income Tax Return in Pakistan for annual income tax return for tax year 2021. The taxpayers who have filed…
The Active Taxpayer List (ATL) is a centralize record / data of online Income Tax Return filers for the previous Tax Year (Now Like, Tax Year 2021). Active Taxpayer List (ATL) is…
Active taxpayer list is a record of taxpayers who have submitted their tax returns of previous years. It’s updated on the basis of previous years submission of tax returns. The active taxpayers…
The Federal Board of Revenue (FBR) will publish the Active Taxpayers’ List (ATL) for the Tax Year 2021 on 1 March 2022 in accordance with the provisions of Rule 81B of the…
The Senate Standing Committee on Finance on Thursday reviewed the Tax Laws (Third Amendment) Bill, 2021 and recommended with a majority vote a number of recommendations, including the one rejecting the suggestion…
A penalty of Rs1,000 each day of default has been implemented from Saturday after the expiry of return filing date on October 15, 2021. A new amendment has been made part to…
Online ATL status check allows you to confirm your Active Taxpayer status with FBR in real time. You can check it by using this portal of FBR: www.e.fbr.gov.pk . Check Individual’s Active…
According to latest Active Taxpayer List (ATL) issued by FBR for tax year 2020 updated up to March 14, 2021. The total number of active taxpayers have increased to 2.37 million. As…
According to Pakistan Tax Bar Association, many tax bars and Tax Consultants across the Pakistan have brought in to the notice that there are huge number of taxpayers who have submitted their…
Active Taxpayer List (ATL) is available on FBR's official website. The number of income tax returns for the tax year 2020 reached 2.62 million on February 28, 2021, compared to 2.43 million…
The 2.2 million tax return filers were only one-third of those who have valid National Tax Numbers (NTNs). They were doing business in Pakistan but did not file tax returns. This means…
Federal Board of Revenue will publish the List of Active Taxpayers for the tax year 2020 on March 1, 2021. This list will publish in accordance with the provisions of Rule 81B…
Federal Board of Revenue will issue a list of active tax payers for the tax year 2020 on March 1, 2021 under Rule 81B of the Income Tax Rules 2002. At present…
Tax on Agricultural Income in Punjab Agricultural income is an exempt income from tax under section 41 of the Income Tax Ordinance, 2001. Such exemption from tax under ITO 2001 ( section…