The Additional Customs Duty (ACD ) was passed by the Pakistani government in 2021 in an effort to boost the country’s economy. The act imposes an additional customs duty on […]
As a resident Pakistani citizen owning foreign property, it is important to understand the tax implications of such ownership. The taxation of foreign property by a resident Pakistani citizen has […]
Filing income tax returns is a mandatory requirement for individuals and businesses in Pakistan, and it is important to meet the deadlines set by the Federal Board of Revenue (FBR). […]
Title: Pakistan Government to Impose Tax on Social Media Earnings In a bid to boost revenue, the coalition government of Pakistan is planning to impose a tax rate of 30% […]
As a taxpayer in Pakistan, it is important to keep your National Tax Number (NTN) profile up-to-date to avoid any legal consequences. Checking your NTN profile inquiry online is a […]
The Federal Board of Revenue (FBR) is responsible for collecting taxes and ensuring compliance with tax laws in Pakistan. One of its key functions is to issue notices to individuals […]
The Federal Board of Revenue (FBR) has extended the deadline for filing deemed income details from property until December 31, 2022. This extension is applicable for taxpayers who have already […]
The Federal Board of Revenue (FBR) in Pakistan has recently made a positive move to ease recoveries for taxpayers until the first appeal is filed. In the past, officers of […]
In Pakistan, the share of income tax in overall tax collection has been declining, highlighting the imbalance of direct and indirect taxes. This has pushed millions of Pakistanis below the […]
The Federal Board of Revenue (FBR) has decided to remove non-filers from the Active Taxpayer List (ATL). The decision comes as a part of the FBR’s effort to increase tax […]
