FBR Will Now Check Transactions of Easy Paisa Account
SBP cancels Easy Paisa’s microfinance license, transitioning it into a scheduled bank with new tax implications and expanded banking services.
Government’s Tax Reforms to Revive the Property Sector
Over the past year, significant tax increases in the property sector have created challenges for investors and homeowners. With new regulations restricting transactions for non-filers and the imposition of various […]
Firms Can Claim Tax on Destroyed Goods
Businesses can claim input tax adjustments on destroyed goods, ensuring compliance with the Sales Tax Act, 1990, and protecting their financial interests. Legal Position on Input Tax Adjustment The sales […]
FBR to Charge Extra Sales Tax for Non-ATL Electricity Consumers
FBR updates tax rules for non-ATL utility consumers, applying extra sales tax on electricity & gas bills above Pak Rs. 15,000 to boost tax compliance.
Good News for the Property Sector – Tax Relief and Updates on Late Filer Taxation
Discover major tax relief for the property sector, updates on late filer rules, and proposed reforms to simplify taxation and boost real estate activity.
Government to Approve Teachers Tax Rebate Restoration
The government has approached the International Monetary Fund (IMF) to seek approval for the restoration of a 25% income tax rebate for teachers and researchers, a benefit that was abruptly […]
FBR’s Tax Recovery Notices to Salaried Individuals Under Scrutiny
FBR’s tax recovery notices to salaried individuals raise legal concerns. Experts urge accountability for employers, not employees. Learn more here.
Sales Tax Filing Overhaul – Key Changes in FBR’s SRO 69(I)/2025
FBR’s SRO 69(I)/2025 mandates electronic invoicing for businesses, requiring integration with its system. Learn about compliance, costs, and key obligations.
Jurisdiction of Income Tax Authorities
Learn about Section 209 of Pakistan’s Income Tax Ordinance, covering tax authorities’ jurisdiction, powers, and case allocation procedures.
FBR Initiates Customs Budget Exercise for Fiscal Year 2025-26
Islamabad, Pakistan — The Federal Board of Revenue (FBR) has officially launched the Customs Budget exercise for the fiscal year 2025-26. A notification issued by the Secretary (Customs Budget) on […]