Islamabad, Pakistan: The Federal Board of Revenue (FBR) of Pakistan has made it incredibly convenient for consumers to verify sales tax invoices through its Tax Asaan mobile application. This feature ensures […]
FBR has issues SRO Excise Duty On Property SRO 1376(I)2024 outlines the procedure for collecting FED on commercial property and open plots or residential property in Pakistan. Here’s a breakdown: […]
Facing a Blocked SIM Card? It Might Be Your Taxes! The Federal Board of Revenue (FBR) of Pakistan is taking action against non-filers of income tax returns for tax year […]
Pakistan’s tax landscape has seen a significant update with the Finance Act 2024. This article delves into wealth statement disclosures, highlighting the newly incorporated requirement to disclose foreign assets and […]
In a significant move to bolster tax compliance, Finance Act of 2024 has granted Inland Revenue (IR) officers enhanced authority to recover unpaid or underpaid taxes. This legislative update aims […]
Understanding the Impact on Your Tax Bill (2025 Tax Year) For the 2025 tax year FBR introduces a new surcharge for high earners. This article explains who is affected, how […]
Withholding Tax Relief for Property Sales by Military, Veterans, and Government Personnel: A Breakdown The government has implemented a significant change in its tax policy, effective July 1, 2024. This […]
The Sindh government (SRB) has introduced revised stamp duty rates for the acknowledgment or receipt of money or any other consideration related to immovable properties, effective from July 1, 2024, […]
Finance Act, 2024 brings changes to the country’s sales tax structure, impacting various sectors. Here’s a breakdown of the key revisions: Good News for Gold Industry: A significant exemption applies […]
The Federal Board of Revenue (FBR) has addressed confusion surrounding tax filers and non-filers, especially after the recent budget announcement. Here’s a breakdown of the key points: Number of Non-Filers: […]
