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How to Download Taxpayer Registration Certificate FBR Online

How to Download Taxpayer Registration Certificate FBR Online

Federal Board of Revenue (FBR) IRIS Portal helps taxpayers to file annual Income Tax Return, Refund Application, Withholding Statement, CPR Correction, Reply to Notices, Maloomat, and Others. Procedure to Download Taxpayer Registration Certificate at Iris…

UPDATES
FBR launched National Single Sales Tax Return Today

FBR launched National Single Sales Tax Return Today

Achieving yet another significant milestone towards digitization & data integration to facilitate taxpayers, promote ease of doing business, harmonizing Sales Tax & reduce compliance costs, FBR has launched its National Sales Tax Return (NSTR), at…

BLOG
Tax rates on motor vehicles during tax year 2022

Tax rates on motor vehicles during tax year 2022

Tax rates on motor vehicles during tax year 2022 The rates of income tax on motor vehicles for tax year 2022 to be applicable under Second Schedule of Income Tax Ordinance, 2001. The Federal Board of…

UPDATES
FBR announces planned system downtime up to 30th August 2021

FBR announces planned system downtime up to 30th August 2021

Federal Board of Revenue (FBR) issued Press release today (on 22nd August, 2021) regarding the scheduled downtime of it’s systems (which includes FBR websites, Iris, Taxasaan application, eFBR, and sales tax etc.,). This downtime of…

UPDATES
FBR issues latest explanation on FBR Data Center

FBR issues latest explanation on FBR Data Center

Federal Board of Revenue (FBR) has issued the explanation regarding latest situation pertaining to service optimization of FBR Data Center. FBR has clarified that all applications having public interface have been operationalized and running smoothly.…

UPDATES
President Alvi ordered on the issue of failure to upload declarations under tax amnesty scheme

President Alvi ordered on the issue of failure to upload declarations under tax amnesty scheme

The President of Pakistan, Dr. Arif Alvi, issues an order in favor of the declarants of the Tax Amnesty Scheme 2019 (assets declaration scheme). Who already deposited their taxes under the Tax Amnesty Scheme 2019…

WORLD TAXES
Tax Deadline 2021 for World Corporate Income Taxes

Tax Deadline 2021 for World Corporate Income Taxes

Here, Tax deadlines for 2021, Income Tax Due dates or Tax Calendar is given for Individuals, Association of Persons (AOPs) and Company (Corporate Sector) of Pakistan and for World Corporate Income Tax deadlines for all…

TAXATION
Corporate tax exemptions

Corporate tax exemptions

Following tax exemptions are available to corporate taxpayers: Profits arrived from the business unit of an electric power generation project established in Pakistan are exempt from tax. Profits earned by a company from the export…

TAXATION
Criteria for selection & conduct of income tax audit

Criteria for selection & conduct of income tax audit

The Federal Board of Revenue (FBR) has issued a criteria for selection and conduct of income tax audit under Section 214C of the Income Tax Ordinance, 2001. The criteria have been given under the updated…

TAXATION
Further extension in time for filing income tax return

Further extension in time for filing income tax return

Extension of time for furnishing income tax returns and other documents. After first extension of 15 days by the commissioner, the taxpayer may also apply further extension. Extension of time for furnishing returns and other…