The Federal Board of Revenue’s (FBR) latest efforts to combat black money in Pakistan’s real estate market have won important support from the National Assembly. The objective is simple: ensure …
FBR
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Islamabad, Oct 29: FBR Faces Rs. 90 Billion Revenue Shortfall in October According to FBR sources, the objective for this month is Rs. 980 billion, which the regulator is now …
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Business
FBR Lowers Minimum Value of Locally Produced Steel Goods for Tax Purposes
by Hamza Irshadby Hamza IrshadIslamabad, Oct 25: FBR Lowers Minimum Value of Locally Produced Steel Goods for Tax Purposes In order to lower the incidence of sales tax on various locally produced steel commodities, …
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Business
FBR Targets Rs. 300 Billion Tax Collection from Agriculture Sector
by Hamza Irshadby Hamza IrshadIslamabad, Oct 14: FBR Targets Rs. 300 billion Tax Collection from Agriculture Sector With the assistance of the provinces, the Federal Board of Revenue (FBR) has projected that it will …
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Islamabad, Oct 9: FBR increase taxes on late filers The Lahore High Court (LHC) has ruled that the increased withholding tax rates for late income tax return filers will not …
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Business
FBR committed to bring 2.8 mln households into tax net, says spox
by Hamza Irshadby Hamza IrshadIslamabad, Oct 7: The Federal Board of Revenue (FBR) is set to include approximately 2.8 million potential households in the tax net, aiming to contribute around Rs1.6 trillion to the …
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Islamabad, Oct 3: The Pakistan Business Council (PBC) has consistently pushed for a fair and stable fiscal policy that operates independently of the Federal Board of Revenue (FBR) and is …
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Business
FBR Prohibits Staff from Providing Consultancy Services Onsite
by Hamza Irshadby Hamza IrshadIslamabad, Oct 2: FBR Prohibits Staff from Providing Consultancy Services Onsite. This decision was communicated through a notice issued by the corporate tax office in Islamabad. Key Details of the …
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Islamabad, Oct 1: FBR Tax Collection Shortfall of Rs. 101 Billion in FY25 Q1 The Federal Board of Revenue (FBR) has collected Rs. 2,438 billion against a target of Rs. …
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Business
A Step-by-Step Approach How to Use IRIS for Easy Tax Filing
by Hamza Irshadby Hamza IrshadIslamabad, Oct 1: Tax season can be overwhelming, but the Integrated Revenue Information System (IRIS) makes filing your taxes a simple process. Here’s a step-by-step guide to using IRIS for …