FBR has issues SRO Excise Duty On Property SRO 1376(I)2024 outlines the procedure for collecting FED on commercial property and open plots or residential property in Pakistan. Here’s a breakdown: […]
The Federal Board of Revenue (FBR) is considering a temporary halt on tax refunds for the month of September 2024 to meet its ambitious tax collection targets. This decision comes […]
The Federal Board of Revenue (FBR) has missed its August tax collection target by a significant margin of Rs102 billion, despite taking advances. This shortfall has increased the likelihood of […]
Traders in Jodia Bazaar, Karachi’s largest wholesale market for commodities, have issued a strong warning to the government against implementing a new withholding tax (WHT). They have threatened to cease […]
The Appellate Tribunal Inland Revenue (ATIR) is facing a significant backlog of cases, raising concerns about its ability to provide fair and timely justice to taxpayers. Key Issues: Overwhelming Caseload: […]
The Federal Board of Revenue (FBR) has extended an invitation to the trader community for negotiations to address their concerns regarding the Tajir Dost Scheme and other tax policies. This […]
ADRC Mechanism for State-Owned Enterprise Tax Disputes The Federal Board of Revenue (FBR) has implemented a new mechanism to resolve tax disputes involving state-owned enterprises (SEOs). The Statutory Regulatory Order […]
The All Pakistan Textile Mills Association (APTMA) has strongly criticized the government’s recent tax policies, which it claims are leading to the closure of textile factories and widespread unemployment. Key […]
Traders Up in Arms The business community in Pakistan is up in arms against the Federal Board of Revenue (FBR) over the issuance of hefty tax notices to small businesses […]
In a bid to enhance transparency and accountability, the Federal Board of Revenue (FBR) has initiated a process to collect asset details of all Grade-17 to Grade-22 officers within the […]
