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#IrisFBR

FBR fired the officer for dishonesty

The Federal Board of Revenue (FBR) has finally fired an officer from the civil service on charges of "inefficiency and… Read More

Taxpayers to update profile to avoid penalty, and exclusion from ATL

FBR advised to Taxpayers to update their profile by March 31, 2021 to avoid any penalty and further exclusion of… Read More

Corporate tax exemptions

Following tax exemptions are available to corporate taxpayers: Profits arrived from the business unit of an electric power generation project… Read More

e-payment limit of taxes abolished

Payment of customs duty and taxes of more than Rs 1 million will also be accepted through e-payment after January… Read More

FBR launched electronic filing of appeals from 1st January 2021

Federal Board of Revenue has launched Electronic Filing of Appeals with effect from 1st January, 2021. The Federal Board of… Read More

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,… Read More

FBR issued list of Tier-1 integrated retailers with FBR

Federal Board of Revenue (FBR) has issued up to date list of Tier-1 retailers. These retailers have registered their Point… Read More

FBR issues procedure for cash back refunds of sales tax to customers of Tier-1 retailers

Federal Board of Revenue (FBR) issued procedure for cash back of sales tax amount @5% (five percent) to customers. Paid… Read More

FBR launched online module for Greenfield investors status registration

Federal Board of Revenue (FBR) launched an online module to facilitate investors to apply online to allow Greenfield industry status.… Read More

FBR clarification: good news for overseas Pakistanis for taking exemption from tax on profit on bank deposits

Income Tax Circular Issued by FBR Federal Board of Revenue (FBR) made it mandatory for overseas Pakistanis to seek income… Read More

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