ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday issued procedure for the regularization of unregistered mobile devices with SIM/IMEI functionality.
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Pakistan Revenue delivers the latest taxation news, covering income tax, sales tax, and customs duty. Stay updated with insights on tax policies, regulations, and financial developments in Pakistan.
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Eliminating all tax exemptions, concessions planned
KARACHI: The government considering to withdraw all types of tax exemptions and concessions during next few years.
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Income Tax Ordinance 2001: Due date for payment of tax
KARACHI: Federal Board of Revenue (FBR) has explained the due date for payment of tax under Section 137 of Income Tax Ordinance, 2001.
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FBR notifies promotion of 41 IRS officers to BS-20 and BS-21
ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified promotion of 41 officers of Inland Revenue Service (IRS) to BS-20 and BS-21.
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Bill to further empower FBR to tighten noose around undisclosed offshore assets
ISLAMABAD – The Federal Board of Revenue (FBR) has announced a significant move to enhance its authority in dealing with undisclosed offshore assets, as outlined in the proposals of the Finance Supplementary (Second Amendment) Bill, 2019.
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FBR asks business community to suggests measures to stop tax fraud
The Federal Board of Revenue (FBR) has reached out to the business community, urging them to propose measures aimed at eliminating tax evasion, counterfeit invoices, and plugging existing loopholes in the tax system.
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Auction of 26 luxury vehicles of PM House on Jan 28
ISLAMABAD: An auction of luxury vehicles of the Prime Minister House will be held on January 28, 2019 at the Islamabad Dry Port, according to a notification.
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Reform package exempts withholding tax for rupee accounts receiving foreign remittances
KARACHI: The new reform package has allowed exemption from collection of withholding tax on cash withdrawals from a bank account maintained in local currency where deposits are made through foreign remittances.
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