Karachi, April 5, 2024 – Shopkeepers and traders enrolled in the newly launched Tajir Dost Scheme are required to pay super tax and tax on deemed income, as outlined by the Federal Board of Revenue (FBR) through the Tajir Dost (Special) Procedure, 2024.
Karachi, April 5, 2024 – The Federal Board of Revenue (FBR) has issued a directive prohibiting its officials from engaging directly with the media, sparking debates over transparency and accountability within the organization.
Peshawar, April 4, 2024 – The Federal Board of Revenue (FBR) has reported a significant increase in tax registrations within the trading community following an extensive market survey.
In a bid to provide relief to small-scale retailers and traders, the Federal Board of Revenue (FBR) has announced a significant tax adjustment on electricity bills.
Karachi, April 4, 2024 – The Pakistan Tax Bar Association (PTBA) on Thursday called upon the government to expedite the process of appointing members to the Appellate Tribunal of Inland Revenue (ATIR), highlighting concerns over the impending vacancies and its potential impact on the dispensation of justice and economic activities.
The Federal Board of Revenue (FBR) has introduced a groundbreaking initiative aimed at recognizing and rewarding the nation’s diligent taxpayers. In a recent development, the FBR issued a Statutory Regulatory Order (SRO) on Thursday, marked as SRO 469(I)/2024 dated April 3, 2024, to inaugurate the “Pakistan Honour Card Scheme.”
Karachi, April 3, 2024 – The Federal Board of Revenue (FBR) has instituted a penalty of Rs 10,000 for shopkeepers and traders who fail to comply with income tax registration requirements, as part of its concerted efforts to bring the large undocumented retail sector into the tax net.
Karachi, April 3, 2024 – The Pakistan Stock Exchange (PSX) has put forth a bold proposal to abolish the minimum tax regime for listed companies, citing their strong compliance with regulatory requirements.
Karachi, April 1, 2024 – Pakistan Customs has uncovered a significant tax evasion scheme related to the import of black tea, leading to a crackdown on implicated importers.
Karachi, April 1, 2024 – The Federal Board of Revenue (FBR) disclosed on Monday that the count of Active Taxpayers for tax year 2023 has surged to 3.83 million as of the end of March 2024.