All tier-1 retailers are required to integrate all their POSs with FBR’s computerized system. ‘Tier-1 retailer’ is defined in section 2(43A) of…
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The government of Balochistan has installed online tax collection system. This online tax system will help to boost the the…
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Governor State Bank of Pakistan, Dr. Reza Baqir, announced two new initiatives to facilitate the introduction of digital financial products…
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The Federal Board of Revenue (FBR) on Tuesday decided to hold 60% of the refund claims to those top tier…
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Federal Board of Revenue has notified Rules for new Export Facilitation Scheme 2021 which will be effective with effect from…
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Omission of withholding tax provisions There were 38 withholding tax provisions in the Income Tax Ordinance, 2001. This high number…
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Active Taxpayer status (ATL status ) with FBR can be checked in any of the following three (3) ways: VERIFICATION…
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Federal Board of Revenue (FBR) has uploaded the Income Tax Return Forms for Tax Year-2021. Separate Return Forms for Salaried,…
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Finance Minister Shaukat Tarin has said the government will now extend the tax relief earlier to cars up to 850cc…
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The Senate Standing Committee on Finance finalised its suggestions regarding Finance Bill, 2021-22, during a session of the meeting on…
