How to Claim Sales Tax Refund – Exporters?
The Federal Board of Revenue (FBR) has introduced significant changes to the Sales Tax Rules, 2006, vide S.R.O. 1507 (1)/2024 […]
Understanding the FBR Portal Iris 2.0
The FBR Portal is an online platform designed to facilitate interactions between taxpayers and the Federal Board of Revenue (FBR) […]
How to File an Appeal Against a Reference Order?
The Federal Board of Revenue (FBR) has made it easy for taxpayers to file appeals against reference orders issued by […]
Non Filers to Face Freezing of Bank Accounts
The Federal Board of Revenue (FBR) is cracking down on tax evaders and non-filers. Don’t risk facing severe penalties and […]
Clarifying Time Limits for Amending Income Tax Assessments
A landmark judgment by the Appellate Tribunal Inland Revenue (ATIR) in Islamabad has brought much-needed clarity to the seemingly contradictory […]
Six Consequences of not Filing Tax Returns on Time
The Federal Board of Revenue (FBR) has reiterated that the deadline for filing income tax returns for the tax year […]
Gold and Taxes: A Guide to Capital Gains Tax on Gold in Pakistan
Gold has long been a popular investment choice, offering a hedge against inflation and economic uncertainty. However, the sale of gold can lead to capital gains tax, a significant financial implication for many.
Why Overseas Pakistanis Should File Tax Returns?
Understanding Filer and Non-Filer Status In Pakistan, the concept of “filer” “late filer” and “non-filer” has significant implications for tax […]
How will POC Holder Register with FBR?
What is a POC Holder? A POC (Pakistan Origin Card) holder is an individual of Pakistani origin who resides abroad. […]
How to File Nil Tax Return?
Understanding Nil Returns A nil income tax return is filed by individuals or entities who have not earned any taxable […]