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UPDATES
FBR extended Tax Return Filing Date 2021

FBR extended Tax Return Filing Date 2021

Minister Shaukat Tarin decided to extend the date considering the constant demands from the business community. The tax collection body had received applications for the extension of the deadline of filing income tax returns for…

UPDATES
Current figures of tax filings for tax year 2021

Current figures of tax filings for tax year 2021

Federal Board of Revenue (FBR) has currently received just one million income tax returns with only five days left in the returns’ deadline, underscoring that the tax broadening campaign is not yielding results. As compared…

BUDGET
Tax Incentives granted under tax laws third amendment ordinance 2021

Tax Incentives granted under tax laws third amendment ordinance 2021

Within third month of passage of Finance Act, 2021, the Government felt the need of introducing amendments in the Tax Laws. These amendments are primarily directed towards broadening of tax base besides providing concessions to…

JOBS
Jobs in FBR 2021, FBR Jobs 2021 application form, Last date to apply for FBR jobs 2021, FBR Jobs advertisement

Jobs in FBR 2021, FBR Jobs 2021 application form, Last date to apply for FBR jobs 2021, FBR Jobs advertisement

Applications are invited from eligible candidates against vacant posts in field formations of Inland Revenue, Federal Board of Revenue (FBR) from Pakistani Nationals on local basis in case of vacancies of (BS 1 to 5)…

UPDATES
FBR proposes collaboration with Provinces for collection of Agricultural Income Tax

FBR proposes collaboration with Provinces for collection of Agricultural Income Tax

In line with the Government’s resolve towards broadening of tax base and documentation of economy, Dr. Muhammad Ashfaq Ahmed, Chairman FBR has initiated a huge challenge to plug in tax evasion of Agricultural Income through…

UPDATES
Government appoints seventh chairman FBR to Dr Muhammad Ashfaq Ahmed

Government appoints seventh chairman FBR to Dr Muhammad Ashfaq Ahmed

Dr Ashfaq Ahmed has been appointed as the new FBR chairman. This is the seventh time the government is appointing the FBR chairman. He replaces Asim Ahmed — who was appointed four months back. The…

TAXATION
FBR issues clarification on use of pirated software

FBR issues clarification on use of pirated software

After conducting a preliminary internal investigation on the recent FBR cyber-attack, it has been discovered that the use of pirated software was one of the reasons why FBR’s data got hacked. Following the revelation, FBR…

BLOG
NADRA introduces new verification system to stop fake CNICs

NADRA introduces new verification system to stop fake CNICs

The National Database and Registration Authority (Nadra) has launched a ‘Qaumi Tasdeeq-o-Tajdeed Campaign’ (QTTC), a new system for verification of the family members. National Database and Registration Authority (Nadra) launched a new system of verification…

Businesses
FBR amends Section 122 of IT Ordinance regarding time limit for proceedings

FBR amends Section 122 of IT Ordinance regarding time limit for proceedings

The Federal Board of Revenue (FBR) will enforce new amendment to Section 122 of the Income Tax Ordinance, 2001 for completion of proceedings against taxpayers within 120 days where notices were issued after July 1,…

TAXATION
All about Pakistan Single Window and step by step registration procedure

All about Pakistan Single Window and step by step registration procedure

What is Pakistan Single Window (PSW) ? Pakistan Single Window (PSW) is a newly launched trade system, which provides a facility to parties involved in trade and transport to lodge standardized information and documents with…

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