FBR Allows Steel Sector to Declare Electricity Units in Annex-K
The Federal Board of Revenue (FBR) has introduced an online facility allowing steel melters, re-rollers and composite units to declare…
FBR Cancels NOCs Issued to Tax Officials: New Rules for IRS Officers
The Federal Board of Revenue (FBR) has withdrawn all previously issued No Objection Certificates (NOCs) for officers of the Inland…
FBR Proposes Export Facilitation Scheme for Meat and Live Animals in Pakistan
The Federal Board of Revenue (FBR) has proposed amendments to the Customs Rules, 2001, to extend the Export Facilitation Scheme…
FBR Section 124A: Powers to Modify Tax Orders in Pakistan
The Federal Board of Revenue (FBR) has outlined the powers of tax authorities to modify assessment orders following changes in…
FBR Proposes Digital Tax Return System for Non-Resident Shipping Companies
The Federal Board of Revenue (FBR) has proposed a digital tax return system for non-resident ship owners, charterers and shipping…
FBR Proposes ATL Relief for Late Tax Filers in Pakistan
The Federal Board of Revenue (FBR) has proposed relief for individuals who file their income tax returns after the due…
FBR Proposes 10% Tax Credit on Digital Integration Investments in Pakistan
The Federal Board of Revenue (FBR) has proposed new rules governing tax credits for businesses investing in electronic systems integrated…
FBR Proposes Automated Income Tax Scrutiny with Seven-Day Response Period in Pakistan
The Federal Board of Revenue (FBR) has proposed a new automated income tax scrutiny mechanism to identify errors, legal issues…
FBR Establishes National Faceless Centre: Powers, Functions and Impact on Taxpayers in Pakistan
Pakistan’s Federal Board of Revenue (FBR) has established the National Faceless Centre (NFC) to modernize tax administration through technology-driven audits,…
FBR Suo Motu Powers for Tax Year 2027: Section 122A Explained
The Federal Board of Revenue (FBR) retains supervisory powers under Section 122A of the Income Tax Ordinance, 2001, allowing the…