This category provides foundational knowledge about taxation in Pakistan. It covers essential topics such as tax laws, regulations, and filing procedures. You’ll find valuable information on tax forms, deadlines, and rates, along with essential tips for accurate and timely tax compliance.
Income Tax Ordinance, 2001, provides a comprehensive framework for the hierarchy and structure of income tax authorities in Pakistan. These authorities are responsible for the administration, enforcement, and compliance of […]
The Federal Board of Revenue (FBR) has updated the Sales Tax Rules Updated till January 01, 2025 (01-01-2025) incorporating key revisions aimed at improving compliance and addressing evolving business needs. […]
Section 230J of the Income Tax Ordinance, 2001, provides a comprehensive framework for the establishment and functioning of the International Centre of Tax Excellence (ICTE). This institution is envisioned as […]
Non-filers in Pakistan often face scrutiny from the Federal Board of Revenue (FBR) when conducting banking transactions. To navigate this challenge, FBR has introduced a specific account category known as […]
The question of whether the law concerning late filers will be abolished has gained significant attention in recent times, especially within the context of Pakistan’s property tax regulations. The Federal […]
The Federal Board of Revenue (FBR) has recently disclosed that approximately 8.3 million people who are registered in their tax system have not filed their tax returns, despite being listed […]
The Federal Board of Revenue (FBR) has introduced a significant update regarding the security of Iris (Income Tax Return System) logins. A new feature has been implemented where users now […]
Historical Context: Tax Rebate for Teachers and Researchers Previously, full-time teachers and researchers working in non-profit organizations or research institutions enjoyed a tax rebate of up to 25%. For example, […]
The Federal Board of Revenue (FBR) has implemented a 60-day password expiry policy for its IRIS online portal to enhance the security of taxpayers’ accounts. While this policy may appear […]
A notice under Section 177 of the Income Tax Ordinance, 2001, is issued by the FBR (Federal Board of Revenue) in Pakistan for conducting an audit of your income tax […]
