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.
The Tax Laws (Amendment) Bill 2024 introduces transformative changes aimed at regulating economic transactions and enhancing tax compliance. Among its significant inclusions is Section 114C, titled “Restriction on Economic Transactions […]
Tax Laws (Amendment) Bill 2024 introduces significant changes to the legislative framework governing tax administration in the country. Among the proposed amendments, the inclusion of Section 32B focuses on enhancing […]
Tax Laws (Amendment) Bill 2024 empowers the Chief Commissioner to take the following coercive actions against individuals or entities that fail to register with FBR: Sealing Business Premises: The Chief […]
Tax Laws (Amendment) Bill 2024, update of Sales Tax Act focuses on Section 8B, particularly sub-section (4), which introduces a significant shift in how input tax adjustments are regulated. What’s […]
The Federal Board of Revenue (FBR) has been granted significant new powers under the Tax Laws (Amendment) Bill 2024. One of the most notable provisions is the introduction of Section […]
The Federal Board of Revenue (FBR) has announced a new security measure for its online tax portal, IRIS: a mandatory password expiry policy. This change requires users to update their […]
The Federal Board of Revenue (FBR) has made strides in digitizing its tax collection processes with the launch of e-Payments 2.0, aiming to streamline tax payments for individuals and businesses […]
While the official websites of the AJK Board of Revenue (CBR) and the Federal Board of Revenue (FBR) provide information and manuals on online sales tax registration, the reality on […]
The Federal Board of Revenue (FBR) has embarked on a significant initiative to modernize tax administration in Pakistan through the “Online Business Integration” project. This ambitious undertaking aims to streamline […]
In recent weeks, many taxpayers have been receiving advance tax notices via email or physical communication, urging them to deposit the specified tax amount within a given deadline. These notices […]
