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…
FBR Offers 10% Tax Credit for Digital Integration in Tax Year 2027
The Federal Board of Revenue (FBR) has introduced a 10% tax credit for eligible digital integration investments under Section 64D…
Charitable Donation Tax Credit for Tax Year 2027
Taxpayers in Pakistan may claim a tax credit on qualifying charitable donations under Section 61 of the Income Tax Ordinance,…
Education Expenses Tax Deduction for Tax Year 2027
Pakistan’s tax law provides a deductible allowance for certain education expenses under Section 60D of the Income Tax Ordinance, 2001.…
FBR Retains Housing Loan Tax Credit for Tax Year 2027
The Federal Board of Revenue (FBR) has retained the tax credit on qualifying low-cost housing loans for Tax Year 2027…