Taxation

KARACHI: The Federal Board of Revenue (FBR) has reported a tax collection of Rs 2,748 billion from July to October, surpassing its collection target. In October, the FBR achie

The chairman of the Federal Board of Revenue (FBR) has admitted that at least 15 million potential taxpayers are not paying taxes. This statement only reinforces the public's

ISLAMABAD: The Federal Bureau of Revenue (FBR) has initiated the formation of three special committees with the aim of creating a single sales tax portal to enhance citizen co

The Sindh Revenue Board (SRB) has made certain amendments to the Sindh Sales Tax on Services Rules, 2011 (Rules 2011) through Notification No. SRB/3-4/40/2023 dated 27th July

Restaurant service providers in Sindh whose turnover during the immediately preceding twelve tax periods exceeds five million rupees are now required to integrate their point

The Federal Board of Revenue (FBR) has introduced a new data integration system in its maloomat section, which includes new heads such as "bank deposit" and "profit on debt."

Pakistan's economy is showing some positive signs, but there are still several challenges that need to be addressed. On the positive side, tax collection has exceeded the targ

The Federal Board of Revenue (FBR) has launched a Track & Trace System (TTS) for the Tobacco, Sugar, Cement and Fertilizer Sectors from 01-07-2022 to prevent counterfeitin

The Federal Board of Revenue (FBR) has developed a Standard Operating Procedure (SOP) for deregistering the National Tax Number (NTN) or Sales Tax Registration Number (STRN) o

The World Bank (WB) has a report that says Pakistan is not collecting enough taxes. Pakistan is not collecting 737 billion rupees in taxes that it could be collecting. The WB