Federal Board of Revenue has notified Rules for new Export Facilitation Scheme 2021 which will be effective with effect from…
FBR has launched single identifier number for all domestic taxes. Under this initiative a taxpayer can use all applications under…
Omission of withholding tax provisions There were 38 withholding tax provisions in the Income Tax Ordinance, 2001. This high number…
Karachi Tax Bar Association (KTBA) urges the Federal Board of Revenue (FBR) to issue fresh directions to banks for not…
The Azad Jammu and Kashmir (AJK) tax system was on Thursday connected with the national tax system of Pakistan. It…
Let us see the taxation of IT and IT enabled services, freelancer and startups. Both income tax and sales tax…
The federal government may introduce a presidential ordinance to provide record of existing three million taxpayers to the National Database…
The Federal Board of Revenue (FBR) has decided to relax conditions for the importers for obtaining “unique user identifiers” (UUIs)…
The Federal Board of Revenue (FBR) has taken stay orders against the Federal Tax Ombudsman’s (FTO) decision to investigate the…
Important tax exemptions and tax credits withdrawn in Finance Act 2021 are given below: Tax credit for person employing fresh…
