FBR updates, income tax, budgets and markets for Pakistan
515 articles
FBR Extends Sales Tax & FED Return Filing Deadline for June 2025 - The Federal Board of Revenue (FBR) has officially extended the last date for filing sales tax and Federal excise…
FBR Opens Tax Return Filing Tax Year 2025 - Recently Federal Board of Revenue (FBR) has formally issued the tax return form for Tax Year 2025. It is a great news and…
FBR Multi-Factor Login Authenticator - To ensure privacy, increase of security and simplify access to the sales tax system the Federal Board of Revenue (FBR) through Pakistan Revenue Automation Limited (PRAL) has…
114B of Income Tax Ordinance 2001: FBR Powers to Enforce Filing of Returns. New section 114B added through Finance Act, 2022. Whereby, FBR has been given powers to issue Income Tax General…
FBR issued Notices Under Section 114(4) of Income Tax Ordinance 2001. For tax year 2023, the extended date to file tax return was 31st October 2023. FBR then issued tax notices under…
Latest Update on Extension of Date for Filing of Income Tax Returns. Premier tax authority in Pakistan the Federal Board of Revenue (FBR) has informed that over 2.9 million income tax returns…
No More Extension in Filing Tax Return 2023 in Pakistan. Federal Board of Revenue (FBR) has informed to the general public through tweet on his official X account (formally twitter) that there…
Last Date to File Tax Income Return 2023 is ahead. Every year taxpayers file their tax returns in compliance to tax laws of their country. In Pakistan, last date to file tax…
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.…
Stay Ahead of the Game: Important Tax Deadlines for the Tax Year 2023 in Pakistan. Be hurry and become tax filer as soon as possible because the last date to file tax…
Iris 2.0 Tax Filing System Launched by FBR. Pioneer tax authority in Pakistan, Federal Board of Revenue has recently launched new tax filing system named Iris 2.0. FBR has launched it on…
How to Recover FBR IRIS Password. After you are ready to provide your documents to your tax consultants for filing an annual income tax return then often you suddenly remember that you…
What are the Benefits of being a tax filer in Pakistan in 2023? For taking benefits of being a tax filer in Pakistan you have to submit your tax return for the…
How to Download Income Tax Return from iris. A taxpayer who is already registered with the tax authority in Pakistan (FBR) and filing tax returns regularly can easily download his annual income…
When to File Taxes 2023 in Pakistan? Here is a piece of great news for taxpayers in Pakistan the Federal Board of Revenue (FBR) has started to accept tax year 2023 tax…
Revised Tax on Sale of Property in Pakistan 2023-2024. In the recent budget, the Government of Pakistan increased the rate of income tax on the sale and transfer of immovable property. This…
Withholding Tax on Cash Withdrawals from Banks implemented. In Pakistan, the recent federal budget was announced on 9th June 2023. In this budget Government of Pakistan proposed to implement again withholding tax…
Salary Tax Calculator 2023-24 Pakistan. Here we will explain to you all about tax on salary income along with tax credits, tax reductions, and deductible allowances. Revised tax on salary has also…
30pc Increase in Salaries of Govt Employees Expected. Today budget 2023-2024 for the next financial year is expected to be announced by Finance Minister Ishaq Dar. It is likely that the Federal…
PM Calls on Cabinet Meeting Tomorrow on Upcoming Budget. Prime Minister of Pakistan Shehbaz Sharif has called upon a meeting of the federal cabinet tomorrow before the presentation of the upcoming budget.…