FBR updates, income tax, budgets and markets for Pakistan
515 articles
Is there any Chance of Date Extension of ITR Filing? Today is 30th September 2022, the last date for filing annual income tax returns for Salaried, Individuals and Sole Proprietors. Still, FBR…
Good News Taxpayers can now adjust Previous Years' Tax Refunds against the Current Year Liability. The great news is here for taxpayers who have previous years' income tax refunds and they were…
Refund Adjustment of Past Years from the Income Tax Returns. The new tax return form of the Federal Board of Revenue (FBR) challenged in the IHC on Monday. The petition has been…
What is the Latest News about the Extension on the Last Date for Filing Tax returns in 2022? Income Tax Return Filing Date Expires on September 30, 2022. We are a few…
FBR Imposes New Currency Declaration Requirements for Incoming and Outbound Passengers. The Federal Board of Revenue (FBR) has recently imposed a new restriction on the incoming international passengers to declare foreign currency…
How to Download Online Tax Brackets Tax Year 2022. The Tax Rates for a particular tax year is very important when we perform any calculation. Some Tax rates may change every year…
Tax Card for Tax Year 2019 Download Online PDF. The Tax Rates for a particular tax year is very important when we perform any calculation. Some Tax rates may change yearly after…
FBR directed the Integration of Big Retailers with the POS System. The Federal Board of Revenue (FBR) on Tuesday directed the chief commissioners of the Regional Tax Offices (RTOs) to take steps…
The Federal Board of Revenue (FBR) has recently issued a list of 854 active manufacturers under various export facilitation schemes to extend duties and taxes exemption to only registered manufacturers-cum-exporters. In this…
Income Tax Return Filing Date Expires on September 30 2022. We are a few days away from the deadline for filing our income tax returns (ITRs) for the financial year 2021-22 (FY22).…
Tax Card for Tax Year 2021 Download Online PDF. The Tax Rates for a particular tax year is very important when we perform any calculation. Some Tax rates may change yearly after…
Tax Card for Tax Year 2022 Download Online PDF. The Tax Rates for a particular tax year is very important when we perform any calculation. Some Tax rates may change every year…
FBR decides penal action against tax officials on Non-Declaration of Assets:. Federal Board of Revenue (FBR) has decided penal action against tax officials who failed to submit their asset declarations. A statement…
Federal Board of Revenue is a premier organization for management of tax system in Pakistan. FBR has some portals for this purpose like, www.e.fbr.gov.pk , FBR Maloomat and Iris FBR portal. Iris…
Surcharge Imposed for Clearance of Banned Consignments Government has allowed release of banned consignments subject to imposition of 15% surcharge. This is in terms of paragraph 20 of the Import Policy Order,…
No More Income Tax on Educational Fees Under Section 236I Previously FBR charged Advance Income Tax @5% on educational / Tuition fees of students. Chargeable to students whose parents or guardians were…
Last Date of Income Tax Return 2022 Income Tax Return (ITR) Filing for financial year 2021-22 (Tax Year 2022): We are a few days away from the deadline for filing our income…
Federal Board of Revenue (FBR) in July 2022, made available Income Tax Returns Forms for tax return filing of Tax Year 2022. As per the previous year practice FBR facilitated taxpayers by…
NTN Verification by CNIC If you want to check National Tax Number (NTN) by using CNIC Number then follow the below method: Provide your “Registration No” in the registration field. (Number Provided…
FBR POS Lucky Draw Today 15 July 2022 Federal Board of Revenue (FBR) draws it’s lucky draw of Point of Sales (POS) Prize Scheme on 15th of every month for the previous…