FBR Explains Tax Liability After Business Succession in Pakistan
The Federal Board of Revenue (FBR) has clarified how income tax liability is handled when there is a change in…
Income Tax Treatment of Deceased Individuals in Pakistan – Tax Year 2027
The Federal Board of Revenue (FBR) has outlined the income tax treatment of deceased individuals and their estates for Tax…
Pakistan Customs Sets New Values for Imported Empty Glass Bottles
Pakistan Customs has announced new customs values for imported empty glass bottles, aimed at ensuring uniform assessment of customs duties…
Pakistan Tax Residency: 183-Day Rule for Tax Year 2027
The Federal Board of Revenue (FBR) has outlined the rules for determining tax residency in Pakistan for Tax Year 2027…
FBR Defines ‘Person’ Under Income Tax Ordinance for Tax Year 2027
The Federal Board of Revenue (FBR) has clarified the definition of a “person” for income tax purposes for Tax Year…
FBR Declares 29 Categories as Perishable Goods Under Customs Law
The Federal Board of Revenue (FBR) has notified 29 categories of goods as perishable goods under Section 98 of the…
FBR Allows 95% Input Tax Adjustment for Oil and Ghee Manufacturers
The Federal Board of Revenue (FBR) has introduced an important sales tax relief measure for compliant oil and ghee manufacturers…
SECP Clears 98% Adjudication Caseload, Imposes Rs. 4.73 Billion in Penalties
The Securities and Exchange Commission of Pakistan (SECP) has intensified its corporate enforcement efforts, disposing of 98% of its adjudication…
FBR 100% Tax Credit for Tax Year 2027: Who Qualifies?
The Federal Board of Revenue (FBR) has identified the taxpayers and income categories eligible for a 100% tax credit under…
FBR Investment Tax Credit for Tax Year 2027: What Companies Need to Know
The Federal Board of Revenue (FBR) has clarified the investment tax credit available to companies under Section 65B of the…