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Important tax exemptions and tax credits withdrawn in Finance Act 2021 are given below: Tax credit for person employing fresh…
Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and reduction in tax liability. These tax…
The President of Pakistan, Dr. Arif Alvi, issues an order in favor of the declarants of the Tax Amnesty Scheme…
In order to promote documentation and to streamline action, the concept of business bank account has been introduced in the…
The Federal Board of Revenue (FBR) on Monday informed to Finance Minister Shaukat Tarin that the tax authority is drafting…
Active Taxpayer status (ATL status ) with FBR can be checked in any of the following three (3) ways: VERIFICATION…
All tier-1 retailers are required to integrate all their POSs with FBR’s computerized system. All tier-1 retailers are required to…
