The Federal Board of Revenue (FBR) Thursday announced a significant increase in the value of Compressed Natural Gas (CNG) by 48 percent for the purpose of charging sales tax.
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FBR, Pakistan’s national tax collecting agency, plays a crucial role in the country’s economy. Pakistan Revenue is committed to providing readers with the latest updates and developments regarding FBR activities.
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New Provisions Disrupt Sales Tax Return Filing
Karachi, April 18, 2024 – The implementation of new provisions in the sales tax laws by the Federal Board of Revenue (FBR) has significantly disrupted the process of return filing for the month of March 2024.
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How to Pay FBR Surcharge Online for ATL Inclusion
The Federal Board of Revenue (FBR) has introduced a streamlined process to assist taxpayers in fulfilling their obligations and securing a spot on the coveted Active Taxpayers List (ATL).
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ATL Surges to 3.93 Million Amidst Crackdown Fear
Islamabad, April 16, 2024 – In a recent update from the Federal Board of Revenue (FBR), the active taxpayers list (ATL) has seen a substantial surge, reaching a notable 3.93 million individuals.
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FBR Implements Rules for International Oil Suppliers
Karachi, April 15, 2024 – The Federal Board of Revenue (FBR) has taken significant steps towards streamlining the operations of international oil suppliers in Pakistan by implementing rules under the Customs Bonded Facilities Rules, 2024.
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FBR Extends Sales Tax Return Filing Deadline to April 22, 2024
Islamabad, April 15, 2024 – The Federal Board of Revenue (FBR) has announced an extension of the deadline for filing monthly sales tax returns, providing relief to taxpayers across the country.
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Alter Your Income Tax Return Within Five Years
The Federal Board of Revenue (FBR) has granted taxpayers to alter their income tax returns within a five-year timeframe from the date of the original filing for a specific tax year.
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FBR Set to Launch Income Tax General Order for Non-Filers
Karachi, April 12, 2024 – The Federal Board of Revenue (FBR) is gearing up to launch an Income Tax General Order aimed at identifying and penalizing non-filers who possess taxable income but have failed to file their income tax returns.
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FBR to Publish List for Blocking Phones and Power Connections
Karachi, April 11, 2024 – The Federal Board of Revenue (FBR) will publicly disclose a list of non-filers and take stringent measures, including the blocking of phone, electricity, and gas connections, as part of its crackdown on tax evasion.
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Understanding Your Tax Registration Requirements with FBR
Tax registration with the Federal Board of Revenue (FBR) is an essential step for individuals and entities operating in Pakistan, ensuring compliance with income tax regulations and facilitating the filing of tax returns.
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