Karachi, December 20, 2023 – The Federal Board of Revenue (FBR) has introduced a streamlined procedure for the electronic audit (e-audit) of taxpayers during the tax year 2024.
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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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FBR Commissioner Authorized to Issue Arrest Warrants
Karachi, December 20, 2023 – A commissioner of the Federal Board of Revenue (FBR) is now empowered to issue arrest warrants for tax defaulters.
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Inland Revenue Offices Open on Saturday, December 23, 2023
Karachi, December 19, 2023 – In a move aimed at facilitating taxpayers and ensuring the timely collection of duties and taxes, the Inland Revenue offices across Pakistan are set to remain open on Saturday, December 23, 2023.
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Pakistan Achieves Highest-Ever 5.32 Million Active Taxpayers
Karachi, December 19, 2023 – Pakistan has etched its name in history by achieving an unprecedented milestone of 5.32 million active taxpayers, as disclosed by the Federal Board of Revenue (FBR).
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Special Procedure Unveiled for Sales Tax Refund in Pharma Sector
Karachi, December 19, 2023 – In a significant move to streamline processes and facilitate the pharmaceutical sector, the Federal Board of Revenue (FBR) has unveiled a special procedure for the issuance of sales tax refunds during the tax year 2024.
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FBR Lists Items Exempted from Confiscation Against Tax Recovery
Karachi, December 19, 2023 – The Federal Board of Revenue (FBR) has taken a significant step towards refining the tax recovery process by issuing a comprehensive list of items exempted from confiscation.
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FBR Specifies Supportive Documents for Sales Tax Refund
Karachi, December 18, 2023 – The Federal Board of Revenue (FBR) has taken a significant step towards enhancing transparency and efficiency in the tax system by issuing a set of required supportive documents for sales tax refunds during the tax year 2024.
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FBR Unveils Procedure for Tax Practitioner Registration in TY2024
Karachi, December 18, 2023 – In a significant development for tax practitioners, the Federal Board of Revenue (FBR) has unveiled the detailed procedure for the registration of income tax practitioners for the tax year 2024.
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FBR Explains Filing and Processing of Sales Tax Refund Claims
Karachi, December 17, 2023 – The Federal Board of Revenue (FBR) has provided comprehensive guidance on the filing and processing of sales tax refund claims for the tax year 2024.
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Pakistan Enforces Requirement of Beneficial Owner Details
Karachi, December 17, 2023 – Pakistan has enforced stringent requirements for companies and Associations of Persons (AOPs) to furnish detailed information about beneficial owners.
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