Federal Board of Revenue has issued a circular in the wake of ongoing measures against corruption and irregularities under which…
The Federal Board of Revenue (FBR) uploaded the List of Active Taxpayers (ATL) for the tax year 2020 on March…
In a worrying development, the number of active taxpayers has dropped by 30% or 935,000 to just 2.2 million, the…
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to “direct all staff to respond to…
Federal Board of Revenue (FBR) officials say the track and trace system will be implemented in July 2021. It will…
To facilitate exporters, the Ministry of Commerce has approved Rs. 213 million under the ‘Draw Back of local taxes and…
Following tax exemptions are available to corporate taxpayers: Profits arrived from the business unit of an electric power generation project…
The Federal Board of Revenue (FBR) called for income tax proposals for the 2021/2022 budget and asked stakeholders to submit…
The Federal Board of Revenue (FBR) has issued a criteria for selection and conduct of income tax audit under Section…
The Pakistani embassy in Tokyo is taking legal steps to resolve the issue under applicable laws and, to reduce any…
