Karachi, December 13, 2023 – The Federal Board of Revenue (FBR) has issued updated rules for the collection of advance tax on the sale of air tickets during the tax year 2024.
(more…)Tag: FBR
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.
-

FBR Seals Ghani Sons Branches for POS Violation
Karachi, December 13, 2023 – The Federal Board of Revenue (FBR) has sealed multiple branches of Ghani Sons, a prominent uniform manufacturer, for violating Point of Sale (POS) regulations.
(more…) -

Fareed Iqbal Qureshi Posted as Member Customs Operations
Karachi, December 12, 2023 – The Federal Board of Revenue (FBR) has posted Dr. Fareed Iqbal Qureshi as the new Member Customs Operations, effective Tuesday.
(more…) -

FBR Extends Electronic Invoicing Condition to FMCGs
Islamabad, December 12, 2023 – The Federal Board of Revenue (FBR) has extended the requirement for electronic sales tax invoicing to the sale of fast moving consumer goods (FMCGs).
(more…) -

Procedure to Change Particulars in Sales Tax Registration
Karachi, December 12, 2023 – The Federal Board of Revenue (FBR) has issued procedure to change particulars in sales tax registration during tax year 2024.
(more…) -

Mandatory Issuance of Tax Certificates for Withholding Agents
Karachi, December 12, 2023 – Issuance of tax collection certificates has been made mandatory for withholding agents during tax year 2024.
(more…) -

FBR Notifies Amended Rules for Sales Tax Integration
Karachi, December 11, 2023 – Federal Board of Revenue (FBR) on Monday notified amended rules for integration of electronic invoicing and licensing for sales tax registered persons.
(more…) -

Mandatory sales tax registration Requirements in TY2024
Karachi, December 11, 2023 – Tax authorities have issued mandatory requirement for sales tax registration during tax year 2024.
(more…) -

Release of Tax Exemption Certificates to Non-Residents
Karachi, December 11, 2023 – Federal Board of Revenue (FBR) has issued procedure for release of tax exemption certificates to non-residents during tax year 2024.
(more…) -

Acquiring Temporary Sales Tax Registration in TY2024
Karachi, December 10, 2023 – Rules have been notified for acquiring temporary sales tax registration in Pakistan during tax year 2024.
(more…)