Approved funds explained by Income Tax Ordinance, 2001
Income Tax Ordinance (ITO), 2001 has defined various approved funds for the chargeability of income…
FBR authorized to appoint special panels for tax audit
Under Section 32A of Sales Tax Act, 1990 FBR is authorized to appoint special panels for conducting…
Tax rates on motor vehicles during tax year 2022
Tax rates on motor vehicles during tax year 2022The rates of income tax on motor vehicles for…
FBR introducing virtual assessments of imported goods
The Federal Board of Revenue (FBR) will introduce the concept of virtual assessment of imported…
FBR to penalize tax officials putting external pressures on FBR management
The Federal Board of Revenue (FBR) has decided to penalize the tax officials putting external…
CEO required for Federal Board of Revenue Foundation
Applications / nominations are invited for the post of Chief Executive Officer (CEO) of Federal…
FBR's helplessness against tax dodgers
Chairman FBR has shown his inability to bring over 4 million willful law violators to the tax net…
Lahore High Court serves contempt notice to FBR chairman over minimum Tax Formula
The Lahore High Court (LHC) issued contempt notices to the Federal Board of Revenue (FBR) over its…
Shaukat Tarin assures wealth reconciliation Statement waiver for first time home buyers
Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has assured land developers that…
FBR revised minimum prices of steel as international prices rises
In the wake of increased prices of steel products in domestic and international markets, the Federal…
