You can verify a 7e exemption certificate issued by the FBR through their online verification system. Here’s how: Visit the FBR’s Exemption Certificate Verification webpage: https://e.fbr.gov.pk/esbn/Verification On the page, you’ll […]
Federal Board of Revenue (FBR), has taken a significant step towards formalizing the retail sector and boosting tax collection. The newly implemented “Special Procedures for Small Traders and Shopkeepers” scheme […]
Part II of S.R.O. 420(I)/2024 outlines the new framework for advance tax payments under the “Tajir Dost Scheme” for small businesses in Pakistan. Here’s a breakdown of the key points: […]
What is Draft S.R.O. 420(I)/2024? This notification, issued by the Federal Board of Revenue (FBR) of Pakistan, mandates the registration of all traders and shopkeepers in the country. Taking effect […]
This article clarifies who is exempt from submitting a balance sheet in Pakistan, following a recent SRO 350(2024)(Statutory Regulatory Order). Due date for filing of balance sheet is April 06, […]
The Federal Board of Revenue (FBR) has implemented a new system called SWAPS (System for Web-based Automated Payment System) for processing payments for goods and services. This notification, issued on […]
Federal Board of Revenue (FBR) has introduced a new system called Synchronized Withholding Administration and Payment System (SWAPS). This initiative aims to improve efficiency and transparency in collecting withholding tax […]
Understanding how agricultural income is taxed in Pakistan is crucial for individuals involved in this vital sector. This article delves into the complexities surrounding agricultural income taxation as outlined in […]
The Federal Board of Revenue (FBR) of Pakistan plays a crucial role in regulating and collecting taxes. In recent times, they’ve emphasized the importance of transparency in financial transactions, particularly […]
In Pakistan, the government encourages charitable donation giving by offering tax credits to individuals and companies who donate to approved organizations. This article provides a comprehensive list of these approved […]
