Pakistan Announces Tax Amnesty for 2024
Karachi, January 17, 2024 – Pakistan has taken a significant step to boost its economy by announcing a tax amnesty for certain foreign currency transactions during the tax year 2024.
Karachi, January 17, 2024 – Pakistan has taken a significant step to boost its economy by announcing a tax amnesty for certain foreign currency transactions during the tax year 2024.
Karachi, January 16, 2024 – The Federal Tax Ombudsman (FTO) has unearthed significant flaws in the valuation of immovable properties across Pakistan, revealing a lack of attention from the Federal Board of Revenue (FBR) and incompetence that has left the field vulnerable to the discretion of provincial and FBR’s field staff.
Islamabad, January 16, 2024 – The Islamabad Collectorate of Customs has declared an auction of confiscated vehicles scheduled to take place on January 18, 2024.
Karachi, January 16, 2024 – In a bid to curb the menace of smuggling, the Federal Board of Revenue (FBR) has announced a series of harsh penalties for individuals involved in the illegal transportation of goods, including essential commodities, into or out of Pakistan.
Karachi, January 16, 2024 – In a progressive move, Pakistan has taken a significant step to empower women entrepreneurs by reducing tax liability under the category of income from business.
Islamabad, January 16, 2024 – The Federal Board of Revenue (FBR) has announced the rationalization of the negative list for sales tax input adjustment, paving the way for a more favorable business environment for five leading export-oriented sectors in Pakistan.
Karachi, January 15, 2024 – The Federal Board of Revenue (FBR) has embarked on a comprehensive verification process of the domiciles of its employees hailing from the province of Balochistan.
Islamabad, January 15, 2024 – The Directorate of Customs Intelligence and Investigation has announced an auction of confiscated vehicles scheduled for January 17, 2024.
Karachi, January 15, 2024 – In a landmark achievement, Pakistan has hit a historic high with 5.5 million taxpayers listed on the Active Taxpayers List (ATL), as disclosed by the Federal Board of Revenue (FBR) in its release on Monday.
Islamabad, January 15, 2024 – The Federal Tax Ombudsman (FTO) has launched an investigation into allegations of bribery by officials of the Federal Board of Revenue (FBR) targeting fish exporters.