Federal board of revenue
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NewsFederal Government Cuts Withholding And Sales Taxes On Import Of Mobile Phones
In a recent development, as reported by ARY News, the federal government has slashed the withholding and sales tax on the import...
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Taxes
Tax Filing Deadline Extended While Income Tax Return Filers Slumped To 0.58 Million
Going by the figures submitted by the end of October – the tax filing deadline, the income tax filers have declined significantly...
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Banking
FBR Introduces Withholding Tax Relaxations For Branchless Banking, Internet And Phone Usage
Exemption of withholding taxation to promote digital transactions According to a circular issued by Federal Board of Revenue (FBR), the withholding tax...
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Taxes
Corrupt Politicians? Only 21% Employees Of Top 54 Companies Pay Their Taxes!
Federal Board of Revenue (FBR) has shortlisted 200,906 non-tax paying employees of the leading 54 corporate organizations in Pakistan. Although the initiative has...
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News
FBR Imposes 0.5% Tax On E-Commerce Companies
In a latest development, Federal Board of Revenue (FBR) has levied a tax of 0.5% on all the e-commerce companies which are...
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Startup
Tax Exemption for Startups Launched During Last 5 Years
Here’s a great news for the IT companies! The Federal Board of Revenue (FBR) has introduced changes to Income Tax Ordinance, 2001 through...
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Automobiles
FBR Upsurges Vehicle Transfer Fees And Non-Filers Are Not Going To Like It
In a latest move, the Federal Board of Revenue (FBR) has increased the vehicle transfer fees for both income tax filers and...
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News
Withholding Tax Rate On All Non-Cash Banking Transactions Elevated – Serious Consequences Ensue
According to a recent report, banking transactions and deposits have experienced an overwhelming decline after the imposition of higher withholding tax rate....
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News
FBR To Publish Directories To Disgrace Non-Filers
Government is committed to expand the tax bracket as FBR (Federal Board of Revenue) has requested Ministry of Finance to publish directories...
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Banking
Pakistan Banking Association Suggests a 30% Slash In Tax Rate
Pakistan Banking Association (PBA) has advised the government to cut down the tax rate to 30% and bring it at par with...
