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#Taxasaan

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… Read More

FBR allowed to taxpayers to file settlement application for agreed assessment

FBR allowed to taxpayers to file settlement application for agreed assessment. The Federal Board of Revenue has issued a statement… Read More

FBR’s datewise activities in year 2020

FBR ISSUES CLARIFICATION (Federal Board of Revenue has issued a clarification regarding extension in Prime Minister’s Construction package.) Dec 31, 2020… Read More

Retailers registered with FBR started obtaining CNIC of consumers on sales above than Rs100,000

Retailers registered with the Federal Board of Revenue (FBR) have begun obtaining details of computerized national identity cards (CNICs) from… Read More

Cash paid for immovable property required to be reported under anti money laundering and counter terrorism financing : FBR

Every cash transaction for sale or purchase of housing units worth more than Rs. 2 million must be reported under… 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

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

PTI federal government has once again dropped a petrol bomb on the people

The Pakistan Tehreek-e-Insaf (PTI) federal government once again dropped petrol bombs on the people. The price of petrol has been… 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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