Karachi, November 6, 2023 – Pakistan has achieved a historic milestone as the number of active taxpayers in the country surpassed the 5-million mark for the first time.
Islamabad, November 6, 2023 – The Federal Tax Ombudsman (FTO) has issued a directive to the Federal Board of Revenue (FBR) to operationalize the ‘Directorate General of Immovable Property,’ established under section 230F through the Finance Act of 2018.
Karachi, November 4, 2023 – The Commissioner of Inland Revenue has been granted powers equivalent to a civil court to facilitate the recovery of taxes, including the seizure of properties and, when necessary, the arrest of taxpayers.
Karachi, November 4, 2023 – Federal Board of Revenue (FBR) has issued new customs values of tyres and tubes for determination of duty and taxes after massive fall of revenue under this head.
Islamabad, November 2, 2023 – The Federal Board of Revenue (FBR) has announced the formation of a scrutiny facilitation team, poised to support the Election Commission of Pakistan (ECP) during the upcoming general elections.
Karachi, November 2, 2023 – The Federal Board of Revenue (FBR) has announced a procedure for taxpayers who have filed their income tax returns after the deadline to be included in the Active Taxpayers List (ATL).
Karachi, November 2, 2023 – In a move aimed at alleviating the concerns of taxpayers, the Federal Board of Revenue (FBR) has decided to allow post-deadline return filing for the tax year 2023.
Disappointed Taxpayers Seek Relief from Unmet Deadlines and Technical Challenges Islamabad, November 2, 2023 – Frustrated taxpayers in Pakistan are calling upon the finance minister to extend the deadline for filing income tax returns up to November 30, 2023, citing disappointments stemming from the Federal Board of Revenue (FBR)’s handling of the matter. Despite the […]
Karachi, November 1, 2023 – As the Federal Board of Revenue (FBR) received 2.9 million tax returns by the October 31, 2023 deadline for tax year 2023, taxpayers are now clamoring for an extension to the filing deadline.
Islamabad, October 31, 2023 – The Federal Board of Revenue (FBR) has exceeded its revenue collection target for the first four months of the fiscal year 2023-24, amassing an impressive total of Rs 2.75 trillion.