Tag: Income Tax Rules 2002

Employers in Pakistan who establish a gratuity fund for their employees must obtain formal approval from the Federal Board of Revenue (FBR) to ensure tax recognition and compliance. The procedure and documentation requirements are clearly outlined in Rule 115 of the Income Tax Rules, 2002 (amended up to November 24, 2023).

Many taxpayers often ask whether officials of the Federal Board of Revenue (FBR) are legally allowed to break into a building during tax recovery proceedings. The answer lies in Rule 148 of the Income Tax Rules, 2002 (amended up to November 24, 2026), which clearly defines the scope and conditions of such authority.

Yes — a Commissioner Inland Revenue of the Federal Board of Revenue (FBR) is legally empowered to issue a warrant of arrest against a tax defaulter under Rule 183 of the Income Tax Rules, 2002, as amended up to November 24, 2023.

If you have concealed immovable property that is later detected by the Federal Board of Revenue (FBR), the tax authorities are legally empowered to determine its value under the Income Tax Rules, 2002, as amended up to November 24, 2023.

If you are permanently leaving Pakistan, obtaining a Tax Clearance Certificate (TCC) is not optional—it is a legal requirement under Pakistan’s income tax law.

Many taxpayers in Pakistan pay excess income tax but never claim their refunds—mostly due to lack of awareness about the procedure. Under Section 170 of the Income Tax Ordinance, 2001 (updated for Tax Year 2026), taxpayers are legally entitled to a refund of excess tax paid.

Getting a tax exemption certificate in Pakistan can significantly reduce your import costs—especially if you’re setting up or expanding an industrial undertaking. Under Section 159 of the Income Tax Ordinance, 2001 (updated for Tax Year 2026), eligible taxpayers can apply for exemption from collection of tax at source on imports.

Becoming a registered Income Tax Practitioner (ITP) in Pakistan requires following the Federal Board of Revenue (FBR) guidelines under Income Tax Rules, 2002 (updated November 24, 2023). This registration enables practitioners to handle tax matters on behalf of clients legally.

The Federal Board of Revenue (FBR) is lawfully collecting detailed information about property buyers and sellers to match wealth declarations, detect under-reported income, and broaden Pakistan’s tax base.

The Federal Board of Revenue (FBR) is legally empowered to collect detailed information about motor vehicle buyers and lessees under the Income Tax Rules, 2002, amended up to November 24, 2023, as part of its efforts to examine wealth declarations and broaden the tax base.