FBR Registers Record High of 5.45 Million Active Taxpayers
Karachi, January 8, 2024 – The Federal Board of Revenue (FBR) announced on Monday that it has successfully registered a record-breaking 5.45 million active taxpayers.
Karachi, January 8, 2024 – The Federal Board of Revenue (FBR) announced on Monday that it has successfully registered a record-breaking 5.45 million active taxpayers.
Karachi, January 8, 2024 – In a bid to streamline trade processes and promote efficient logistics, Pakistan Customs has authorized transshipment without duty payment during the tax year 2024.
Karachi, January 8, 2024 – The Federal Board of Revenue (FBR) has announced a tax exemption for gratuity payments during the tax year 2024.
Karachi, January 7, 2024 – The Federal Board of Revenue (FBR) in Pakistan has recently released the updated Customs Act, 1969, outlining the procedural framework for customs clearance for home consumption during the tax year 2024.
Karachi, January 7, 2024 – Pakistan has revealed the tax rates on cash withdrawals for tax year 2024. The move aims to boost revenue collection and promote financial transparency by encouraging participation in the tax system.
Karachi, January 6, 2024 – The Regional Tax Office (RTO) Lahore has emerged as the frontrunner in registering the highest number of active taxpayers, securing the top spot among various tax offices in Pakistan.
Karachi, January 5, 2024 – The annual performance report of the Federal Board of Revenue (FBR) for the tax year 2023 has revealed a bleak picture, indicating only a one percent recovery out of the total demand created through audits.
Karachi, January 5, 2024 – The Federal Board of Revenue (FBR) has released the much-anticipated tax rates on rental income for the tax year 2024, outlining a progressive structure aimed at ensuring a fair and equitable taxation system.
Karachi, January 4, 2024 – The Federal Board of Revenue (FBR) has taken a decisive step by announcing that it will reject refund claims of customs duty if filed after one year.
In a move to bring clarity to the taxation landscape, the Federal Board of Revenue (FBR) has recently updated the Income Tax Rules for the tax year 2024, shedding light on the definition of e-intermediaries.