FBR Unveils Withholding Tax Rates During 2023-24 for ATL and Non-ATL Importers
Karachi, August 2, 2023 – The Federal Board of Revenue (FBR) has released the withholding tax rates for the import of goods during the tax year 2023-24.
Karachi, August 2, 2023 – The Federal Board of Revenue (FBR) has released the withholding tax rates for the import of goods during the tax year 2023-24.
Islamabad, August 2, 2023 – In an effort to bolster security and ensure transparency in trade, the Federal Board of Revenue (FBR) of Pakistan has notified the Tracking and Monitoring of Cargo Rules, 2023.
Islamabad, August 2, 2023 – The federal government has made a significant appointment by selecting Amjad Zubair Tiwana as the new Chairman of the Federal Board of Revenue (FBR), the apex tax agency in Pakistan. This decision was conveyed through an official notification issued by the Establishment Division.
Islamabad, August 1, 2023 – The Federal Board of Revenue (FBR) has achieved remarkable success by surpassing the revenue collection target for July 2023, thanks to the implementation of new tax measures that came into effect at the beginning of the month.
Islamabad, August 1, 2023 – The Federal Board of Revenue (FBR) in Pakistan has officially announced the last date for filing income tax returns for the tax year 2023.
Pakistan witnessed significant increase in Active Taxpayers with over 40,000 income tax returns filed in a single week, to high high of 4.26 million.
Islamabad, July 31, 2023 – The Federal Board of Revenue (FBR) has recently released an updated tax law aimed at addressing the issue of black money and unexplained funds in Pakistan.
Karachi, July 29, 2023 – The Federal Board of Revenue (FBR) has recently put into effect new tax rates on the sales and purchase of immovable properties across the country.
Karachi, July 29, 2023 – In a bid to curb the outflow of dollars and bolster its foreign exchange reserves, Pakistan has taken a significant step by announcing a whopping 400 percent increase in taxes on payments made through debit or credit cards.
Karachi, July 28, 2023 – The Federal Board of Revenue (FBR) fell short of its fiscal year 2022-23 tax collection target, as revealed by the finance ministry in a monthly report for July 2023.