FBR updates, income tax, budgets and markets for Pakistan
359 articles
What RTO Lahore achieved in Tax Returns and Revenue. According to a media report, FBR Regional Tax Office (RTO) Lahore has recently acquired about 477,000 annual Income Tax Returns. Revenue generation is…
FBR Fixes Foreign Currency Limits for International Passengers. The Federal Board of Revenue (FBR) has decided to fix a maximum limit of $5,000 (per visit) and $30,000 (annually) for outgoing international passengers…
To encourage documentation of the economy and increase the tax net FBR initiated a step by integration of Point of Sales (POS) of tier 1 retailers with the FBR system. Under this…
FBR Once again Extended the Last Date to File Income Tax Returns 2022. On Monday, the government extended the last date for filing annual income tax returns for the tax year 2022…
FBR is likely to Extend Last Date for Filing Annual Tax Returns. The Federal Board of Revenue (FBR) to facilitate the business community will likely extend the last date of filing annual…
Latest FBR POS Lucky Draw 15 October 2022. Federal Board of Revenue (FBR) draws its lucky draw of the Point of Sales (POS) Prize Scheme on the 15th of every month for…
What is the Latest Tax to-GDP Ratio of Pakistan? Tax-to-GDP ratio currently is at 9.2 percent according to the Federal Board of Revenue (FBR) report on 2021-22 performance. According to the report,…
Tax Year 2023 started in July 2022. Now, the first quarter of the tax year 2023 has ended as of September 2022. FBR recently released stats of what it has achieved in…
According to media news, In a press conference Finance Minister, Ishaq Dar announced a one-month extension in filing a tax return for the tax year 2022. The last date for filing a…
Today is 30th September 2022, the last date for filing annual income tax returns for Salaried, Individuals and Sole Proprietors. Still, FBR has not extended the due date for filing tax returns.…
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).…