Update Business Bank Accounts to avoid Penalty after due date
In order to promote documentation and to streamline action, the concept of business bank account has…
FBR and NADRA Drafted Plans to start national level exercise to Broaden the Tax Base
The Federal Board of Revenue (FBR) on Monday informed to Finance Minister Shaukat Tarin that the tax…
How to Check Active Taxpayer Status of Income Tax with FBR ?
Active Taxpayer status (ATL status ) with FBR can be checked in any of the following three (3)…
Who is required to Get Register with Point of Sales Software of FBR ?
All tier-1 retailers are required to integrate all their POSs with FBR’s computerized…
FBR Directs taxmen to Declare Assets
The Federal Board of Revenue (FBR) directed all tax officers and officials to declare their Assets…
FBR Reveals Draft Rules for New Export Scheme
The Federal Board of Revenue (FBR) released draft rules for new Export Facilitation Scheme 2021. FBR…
FBR Not providing tax concessions to Foreign Exchange Remittance Card holders
It has been disclosed that the Federal Board of Revenue (FBR) is not offering the facility of duty…
FBR Issues Circular for Tax Recovery Procedures From Cooperative Housing Societies
Federal Board of Revenue (FBR) issued Circular No. 3 of 2022 Dated: July 5th, 2021 regarding…
FBR Explains Changes in Minimum Turnover Tax
The minimum turnover tax of 0.75 percent would be applicable on the oil marketing companies, Sui…
FBR issues SRO for procedure of electronic audit of income tax cases
The Federal Board of Revenue (FBR) on Tuesday issued a procedure for selection and conducting…
