Tax Reporter

ISLAMABAD: The Ministry of Commerce and Pakistan Bureau of Statistics (PBS) have attributed a massive $11 billion discrepancy in import data to two entities under the Federal

KARACHI: In a joint operation, the Collectorate of Customs, Appraisement (West), Karachi and the Collectorate of Customs Enforcement, Karachi successfully intercepted an attem

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that simply placing tax notices on the Federal Board of Revenue’s (FBR) IRIS portal does not constitute valid or leg

ISLAMABAD: The Federal Board of Revenue’s (FBR) Corporate Tax Office (CTO), Islamabad, has issued a stern warning to tax lawyer Waheed Shahzad Butt, threatening severe l

ISLAMABAD: The Federal Board of Revenue (FBR) has broadened the definition of “Public Servant” for asset declaration purposes, now including officers from federal

KARACHI: The Karachi Tax Bar Association (KTBA) has formally urged the Federal Board of Revenue (FBR) to remove all pending or processed applications filed under Section 119 o

ISLAMABAD: A total of 1,442,601 women entrepreneurs and business owners in Pakistan filed income tax returns for the tax year 2024, according to the latest data released by th

ISLAMABAD: The International Monetary Fund (IMF) is likely to propose additional contingency revenue measures if Pakistan’s Federal Board of Revenue (FBR) fails to recov

KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to extend the due date for filing annual income tax returns for Tax Year 2025

ISLAMABAD: The Federal Board of Revenue (FBR) has acknowledged that it cannot fully bridge the Rs3.6 trillion shortfall in sales tax collection due to the highly fragmented an