Karachi, December 6, 2023 – The Federal Board of Revenue (FBR) will gain access to the online system of the Pakistan Stock Exchange (PSX) for broadening of tax base.
Islamabad, November 17, 2023 – The Federal Board of Revenue (FBR) has set its sights on adding two million new taxpayers to the national tax net through the establishment of 145 District Tax Offices, according to a statement released by the apex tax body on Friday.
Karachi, October 7, 2023 – In a bid to enhance security measures and curb pilferage of Afghan transit goods on Pakistani soil, Pakistan has initiated the process of collecting bank guarantees for goods intended for Afghan transit trade.
Karachi, October 3, 2023 – In a bid to bolster customs security and ensure compliance with customs procedures, Pakistan has introduced a new system of bank guarantees for Afghan transit trade goods.
Karachi, October 3, 2023 – In a bid to curb the rampant smuggling of goods, Pakistan has introduced a 10 percent processing fee for the clearance of Afghan transit trade goods passing through its territory.
Karachi, September 27, 2023 – Non-resident Pakistanis are encountering significant challenges as they attempt to file their income tax returns for the tax year 2023, primarily due to persistent glitches in the Federal Board of Revenue’s (FBR) online portal.
Islamabad, September 21, 2023 – The Federal Board of Revenue (FBR) in Pakistan has issued a directive to all tax offices, including Large Taxpayers Offices (LTOs), Medium Taxpayers Office (MTO), Corporate Tax Offices (CTOs), and Regional Tax Offices (RTOs), to ensure the collection of taxes for September 2023 by the 28th of the month. This […]
Karachi, September 21, 2023 – Citizens in Pakistan may face disconnection of their electricity connection for failing to file their annual income tax return for the tax year 2023, according to sources within the Federal Board of Revenue (FBR).
Islamabad, September 13, 2023 – The Federal Board of Revenue (FBR) has undertaken a significant reshuffle of senior Customs officers, with immediate effect, in a move aimed at optimizing the management of customs affairs in the country.
Karachi, September 11, 2023 – A critical flaw within the digital tax infrastructure of IRIS 2.0 has come to light, causing a predicament for taxpayers who find themselves unable to effectively engage with audit and assessment notices.