Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Pakistan Tax Bar Association (PTBA) has sought an extension in date of filing Income Tax Returns for the current financial year. In this respect a formal request was made…
KARACHI: The Federal Bureau of Revenue (FBR) has extended the deadline for submitting tax returns for the financial year 2024 to October 14, a 14-day extension. This extension is in…
KARACHI: The United Business Group (UBG) has appealed to the Federal Board of Revenue (FBR) to extend the income tax return filing deadline by one month and simplify the process…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has requested the Federal Board of Revenue (FBR) to extend the last date for filing Income tax Returns…
KARACHI: Federal Investigation Agency (FIA) has summoned 17 officers/officials of Customs Enforcement Karachi and I&I Karachi to appear before Assistant Director FIA along with income tax returns, wealth declarations and…
KARACHI: Pakistan Tax Bar Association (PTBA) has once again asked the Chairman FBR Shabbar Raza Zaidi to extend date of filing of Income Tax returns. In a letter to the…
KARACHI: The Karachi Tax Bar Association (KTBA) has asked the Federal Board of Revenue (FBR) to extend the due date of filing of Income Tax Returns – Tax Year 2019.…
KARACHI: President Karachi Chamber of Commerce & Industry has asked the Federal Minister for Finance, Revenue & Economic Affairs Asad Umer to issue directives to Federal Board of Revenue (FBR)…
KARACHI: President Karachi Chamber of Commerce & Industry has asked the Federal Minister for Finance, Revenue & Economic Affairs Asad Umer to issue directives to Federal Board of Revenue (FBR)…
KARACHI: The Federal Board of Revenue (FBR) has issued reminders to taxpayers and non-taxpayers reminding to file Income Tax Return for tax year 2018, as the last date for filing…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda has stressed that keeping in view the complications in the revised form this year, the previous form should…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while appreciating the recent announcement to extend the last date for filing income tax returns till November 30,…
KARACHI: Federal government through the Finance Bill (Amendment) 2018/2019 has allowed non-filers of income tax returns to purchase immovable properties and motor vehicles. The non-filers were restricted in the budget…
KARACHI: The Federal Budget 2018-19 has proposed to treat income tax paid by the commercial importers as minimum tax instead of final tax, which means commercial importers are now required…
ISLAMABAD: The Federal Minister for Finance Senator Mohammad Ishaq Dar chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Prime Minister’s Office. ECC has…
KARACHI: The Federal Board of Revenue (FBR) has announced extension in date of filing income tax returns/statements for tax year 2016. The date of filing of Returns of Total Income/Statement…
KARACHI: The Federal Board of Revenue (FBR) has made it mandatory for all individuals withdrawing taxable salary to file their income tax returns electronically from tax year 2015 onwards. According…
KARACHI: The Federal Board of Revenue (FBR) has been equipped with automatic selection of cases for audit that do not fulfill certain conditions. Under the provisions 8 of Section 214D,…