Business
Cash Withdrawal Tax Update: FBR Introduces Withholding Tax on Amounts Exceeding Rs. 50,000
Income Tax Ordinance, 2001 through the Finance Act 2023, specifically focusing on the reintroduction of tax collection on cash withdrawals from Non-ATL (Active Taxpayer...
Mobile
PTA Mobile Taxes on All iPhone Models (2023)
Importing smartphones into Pakistan can be an exciting endeavor, but it's crucial to understand the tax implications involved.To help you navigate through the...
Business
Pakistan Business Council concerned over the FBR’s new Requirements for Beneficial owners
The Pakistan Business Council (PBC) has raised serious concerns regarding the Federal Board of Revenue's (FBR) SRO 229(I)/2023, which mandates the maintenance of records...
Business
FBR Income Tax calculator & Tax Slabs
In this post we have updated the detailed information about the income tax in Pakistan and also shared the taxable income slabs, you can...
Business
Central Bureau of Reimbursement (CITRO) launched by FBR for tax refund payments
In line with the Prime Minister's vision of maximizing the taxpayer, and under the leadership of the President of the FBR, a Central Bureau...
PAKISTAN
Late Tax filer have to Pay surcharges for active taxpayers list inclusion said FBR
The Federal Board of Revenue (FBR) announced that approximately 509,000 applicants were excluded from the Active Taxpayers (ATL) list because they were unable to...
PAKISTAN
FBR probes the Javed Afridi for MG motors allegedly under price scam
According to the latest media reports, the Federal Board of Revenue (FBR) has started an investigation into a new car company, reportedly Morris Garage...
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