FBR Requires Banks to Report High-Value Account Data Above Rs100 Million
Pakistan’s tax administration is moving towards greater digitalisation with new measures aimed at improving tax compliance and identifying significant discrepancies…
FBR Introduces Algorithmic Tax Settlement Mechanism Under Finance Act 2026
A New Digital System for Settling Tax Proceedings in Pakistan The Federal Board of Revenue (FBR) has introduced an Algorithmic…
FBR Introduces New Faceless Tax Regime Under Finance Act 2026
A New Digital Approach to Tax Audits, Assessments and Appeals in Pakistan The Federal Board of Revenue (FBR) has introduced…
Set-Off of Losses Against Income in Pakistan – Tax Year 2027
Understanding Tax Loss Adjustment Under the Income Tax Ordinance Taxpayers in Pakistan may be allowed to adjust certain losses against…
FBR Tax Exemption for Returning Expatriates in Pakistan – Tax Year 2027
Foreign Income Tax Exemption for Overseas Pakistanis Returning to Pakistan Pakistani citizens returning home after living abroad may be eligible…
Agricultural Income Tax Exemption in Pakistan for Tax Year 2027
Agricultural income in Pakistan continues to be exempt from federal income tax for Tax Year 2027 under Section 41 of…
Tax Return File Services in Lahore, Pakistan: A Complete Guide for Salaried Persons, Freelancers, Individuals & Housewives
Filing an income tax return in Pakistan is an important part of managing your financial and tax affairs. Whether you…
Tax Season Essentials: What Every Business Owner Should Know
Tax season can be one of the most stressful times of the year for business owners. Whether you operate a…
Professional Income Tax Return Filing Services in Lahore by Xact Legal
Managing taxes can be challenging, especially with changing tax regulations and strict compliance requirements. Whether you are a salaried employee,…
Benefits of Becoming an Active Taxpayer in Pakistan
Why Register as an Active Taxpayer in Pakistan? In Pakistan’s evolving tax landscape, becoming an Active Taxpayer is no longer…