The healthcare system in Pakistan is facing significant challenges due to limited resources, poor infrastructure, and low funding. According to the World Health Organization (WHO), Pakistan ranks 154th out of […]
Taxation is a critical aspect of any economy, and Pakistan is no exception. The country’s tax system has been the subject of much debate and criticism, with many calling for […]
The Federal Board of Revenue (FBR) is currently seeking input from stakeholders and policy makers for the upcoming Federal Budget 2023-24. The FBR has already implemented the Finance Supplementary Bill, […]
Section 75A of the Income Tax Ordinance has brought significant changes to the property buying process in Pakistan. As a Pakistani property buyer, it is essential to understand the implications […]
The Finance Bill 2022 proposes strict measures to increase the tax base and penalize non-compliant persons. These measures include penalties for non-filing of income tax returns, non-issuance of sales tax […]
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 […]
Pakistan’s Federal Board of Revenue (FBR) has set an increased revenue collection target of Rs. 7.440 trillion for 2022-23, up by Rs. 436 billion from the previous target of Rs. […]
The federal budget 2023 has introduced several tax proposals that will impact individuals and businesses in Pakistan. In this article, we will explore some of these proposals and their potential […]
In its efforts to broaden the country’s tax base and tackle tax evasion, the Federal Board of Revenue (FBR) is seeking new powers. The FBR is proposing to disconnect the […]
