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Tax News & Updates

Pakistan’s leading tax news & consultancy hub – latest FBR updates, tax tips, calculators & expert guidance.

  • Home
  • WORLD TAXES
  • TAXATION
  • BUSINESSES
  • FINANCE
  • MARKETS
  • BUDGET
  • UPDATES
  • FEATURED
    • Business Ideas in Pakistan
    • Budget Proposals 2022-2023
    • Currency Converter Online | Currency Exchange Rate
    • Petrol Price in Pakistan
    • Prize Bonds List Online Check
    • FBR POS Lucky Draw
    • Currency Rates in Pakistan
    • Gold Rates in Pakistan Today
    • Government Jobs in Pakistan
    • PTA Tax on Mobile Phones
    • What a Mobile Price in Pakistan
    • Salary Tax Calculator Tax Year 2024
    • Tax USA
    • What a Car Prices in Pakistan
    • Taxation and Accounting Jobs
    • TAX CARDS
    • Foods Near Me
    • Blog
  • Home
  • WORLD TAXES
  • TAXATION
  • BUSINESSES
  • FINANCE
  • MARKETS
  • BUDGET
  • UPDATES
  • FEATURED
    • Business Ideas in Pakistan
    • Budget Proposals 2022-2023
    • Currency Converter Online | Currency Exchange Rate
    • Petrol Price in Pakistan
    • Prize Bonds List Online Check
    • FBR POS Lucky Draw
    • Currency Rates in Pakistan
    • Gold Rates in Pakistan Today
    • Government Jobs in Pakistan
    • PTA Tax on Mobile Phones
    • What a Mobile Price in Pakistan
    • Salary Tax Calculator Tax Year 2024
    • Tax USA
    • What a Car Prices in Pakistan
    • Taxation and Accounting Jobs
    • TAX CARDS
    • Foods Near Me
    • Blog
Global Tax Consultants Lahore Pakistan
  • FBR-tax-returns-2020
    UPDATES

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

    January 2, 2021 - By Admin

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

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  • Cash-back-sales-tax-tier1-retialers-fbr
    TAXATION

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

    December 17, 2020 - By Admin

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

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  • fbr-extended-last-date-for-filing-tax-returns-2020
    TAXATION

    FBR extended income tax return filing date up to December 24

    December 14, 2020 - By Admin

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

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  • Tax-Exemption-oversease-Pakistanis
    TAXATION

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

    December 10, 2020 - By Admin

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

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  • Extension-Tax-Return-Filing-Date-FBR
    UPDATES

    Covid-19 & No extension in date of tax return filing: statutory time already lapsed: FBR

    December 5, 2020 - By Admin

    The Federal Board of Revenue (FBR) on Friday said it has given taxpayers legal time to file income tax returns…

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  • Mobile-Phone-Sms-FBR-Tax-Notices
    UPDATES

    Karachi Tax Bar Association (KTBA) rejected using mobile phone SMS as a legal way to serve tax notices

    December 1, 2020 - By Admin

    On Tuesday, the Karachi Tax Bar Association (KTBA) rejected using mobile phone SMS as a legal way to serve notices.…

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  • Karachi-tax-bar-tax-return-errors-irs
    UPDATES

    Karachi Tax Bar identified errors in Tax Year 2020 return

    November 29, 2020 - By Admin

    Karachi Tax Bar Association (KTBA) identified calculation errors in the online return Federal Board of Revenue (FBR) for the tax…

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  • PROCEDURE-OF-IMPORT-AND-EXPORT-IN-PAKISTAN-global-tax-consultants-lahore-pakistan
    TAXATION

    Weboc Registration process, Import & Export process in Pakistan, Benefits of Weboc Registration, Documents required for Weboc registration

    November 28, 2020 - By Admin

    Weboc Registration process, Import & Export process in Pakistan, Benefits of Weboc Registration, Documents required for Weboc registration. What is…

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  • Tax-Notices-Via-SMS
    TAXATION

    Income Tax Rules amended: Issuance of tax notices via Phone SMS

    November 24, 2020 - By Admin

    Phone SMS included as mode of service for tax notices. The FBR issued SRO 1250(I)/2020 on Monday to issue draft…

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  • Income-Tax-Returns-Penalties
    TAXATION

    Penalty for non-filing income tax returns, wealth statement, foreign assets/income statement & active status

    November 22, 2020 - By Admin

    Penalty for non-filing income tax returns, wealth statement, foreign assets/income statement & active status. Section 182(1) Offences and penalties –…

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