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Scheduled maintenance of FBR Helpline

Scheduled maintenance of FBR Helpline

Press Release issued by FBR and informed that FBR helpline is currently under maintenance and will not be fully available. FBR also informed that taxpayers can use FBR email address for their queries. Press Release…

MARKETS
FBR Property Valuation 2022

FBR Property Valuation 2022

The Federal Board of Revenue (FBR) has extended the deadline for implementing the revised FBR Property valuation rates 2022 of properties in 40 major urban cities by holding its notification in abeyance till January 31,…

UPDATES
FBR’s Revised Valuation Rates of Immovable Properties suspended again

FBR’s Revised Valuation Rates of Immovable Properties suspended again

The Federal Board of Revenue (FBR) on Tuesday suspended again the new revised property valuation rates notified through SROs No 1534(1)/2021 to 1572(1)/2021 dated December 1, 2021 up to January 31, 2022. The new valuation…

FINANCE
FBR decides to integrate foreign exchange dealers with Point of Sale system

FBR decides to integrate foreign exchange dealers with Point of Sale system

The Federal Board of Revenue (FBR) has decided to integrate the foreign exchange dealers with its Point of Sale (POS) system to keep an eye on the trading activities of the forex market. According to…

UPDATES
Extension in Date for filing Monthly Single Sales Tax Return December 2021

Extension in Date for filing Monthly Single Sales Tax Return December 2021

The Federal Board of Revenue (FBR) has extended the date of payment and submission of Sales Tax and Federal Excise Return for the Tax Period of December 2021. The date has been extended for filing…

BLOG
Samsung Galaxy A50 PTA and Import TAX and Price in Pakistan | PTA Tax Calculator

Samsung Galaxy A50 PTA and Import TAX and Price in Pakistan | PTA Tax Calculator

Samsung Galaxy A50 is a device launched in Pakistan. The official price of this phone is 0 Rupees. The Samsung Galaxy A50 price in Pakistan is less then $60/- which includes 250 Rupees custom duty…

UPDATES
New Taxes on Cars

New Taxes on Cars

After a lot of wait and speculation, the National Assembly has finally approved the mini-budget, which has created trouble for the car industry. If you remember, the government proposed several Federal Excise Duty (FED) and…

MARKETS
List of Prize winners of point of sales prize Scheme of FBR draw held on 15th January 2022

List of Prize winners of point of sales prize Scheme of FBR draw held on 15th January 2022

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 Shops/Retailers/ Superstores affiliated…

TAXATION
Legal and Operational Issues with National Single Sales Tax Return

Legal and Operational Issues with National Single Sales Tax Return

Federal and provincial taxpayers are facing problems in filing the Federal Board of Revenue (FBR)’s National Sales Tax Return (STR), which was formally launched by Finance Minister Shaukat Tarin on January 7, 2022. Earlier, the…

UPDATES
FBR starts budget preparation exercise for 2022-2023

FBR starts budget preparation exercise for 2022-2023

The Federal Board of Revenue (FBR) has started budget preparation exercise for 2022-2023. In this regard, the FBR has issued a letter to all Chamber of Commerce and Industry seeking customs-related budget proposals for 2022-23.…

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