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FBR issued no of tax returns submitted up to year end 2020

According to a statement issued by Federal Board of Revenue (FBR) they have received 2.3 million income tax returns for… Read More

Field formations directed to pay all income tax refunds submitted by January 31, 2021: FBR

The FBR has directed the field formations to immediately pay all income tax refunds. Filed under section 170 of the… Read More

Annual Income tax return filing last date December 31 2020 for companies

With the end of the last month of the year 2020, you have only few days left to file annual… 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

Income Tax on Foreign Remittance in Pakistan 2022

Income Tax on Foreign Remittance in Pakistan 2022 Through the study of the Income Tax Ordinance, 2001 in general and… 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 extended income tax return filing date up to December 24

Federal Board of Revenue (FBR) has extended income tax return filing date up to December 24. Extension has been allowed… 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

FBR issued instructions regarding extension procedure

Federal Board of Revenue (FBR) notified instructions for procedures of applying extension requests in filing income tax returns for tax… Read More

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