Tribunal upholds tax authority’s right to correct erroneous assessment LAHORE: A tax tribunal has upheld the tax authority’s right to correct erroneous assessment orders even if the... Published 13 Nov, 2024 08:20am
Print Tax return deadline extended till 14th ISLAMABAD: The Federal Board of Revenue (FBR) has finally extended last date for filing of income tax returns up to... Updated 01 Oct, 2024 09:21am
Print Tax return deadline: PM likely to take decision today ISLAMABAD: Prime Minister Shehbaz Sharif will take final decision on Monday (today) on possible one-month extension... Updated 30 Sep, 2024 09:24am
Print FBR issues simple tax return form for traders ISLAMABAD: The Federal Board of Revenue (FBR) has issued a simple return form for traders for tax year 2024. In this... Updated 29 Aug, 2024 10:49am
Business & Finance FTO instructs FBR to ensure IR Commissioner in addressing rectification application ISLAMABAD: The Federal Tax Ombudsman (FTO) has instructed the Federal Board of Revenue (FBR) to ensure that the... Published 22 May, 2024 05:54am
Print If tax return not filed by deadline: SC explains law ISLAMABAD: The Supreme Court has held that Section 214D of the Income Tax Ordinance, 2001, be construed and applied... Updated 10 Nov, 2023 09:41am
Print Incorrect tax liability: FTO summons FBR officials ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Federal Board of Revenue (FBR) members IR-Policy and... Updated 30 Oct, 2023 08:52am
Business & Finance FBR urges citizens to file income tax return by September 30, 2023 KARACHI: As the fiscal year comes to a close, the Federal Board of Revenue (FBR) urged taxpayers across Pakistan to... Updated 26 Sep, 2023 12:21pm
Business & Finance Only 50pc of SECP registered entities file tax returns ISLAMABAD: A total of 50,000 companies are filing their annual income tax returns out of over 100,000 entities... Updated 13 Sep, 2023 09:46am
Print New version of ‘IRIS’: FBR asked to remove errors ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take corrective... Updated 01 Sep, 2023 09:59am
Print FTO’s advice: FBR may introduce separate salary return form ISLAMABAD: On the recommendations of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) is expected... Updated 31 Aug, 2023 09:32am
Business & Finance Pensioners, senior citizens, members of Shuhada families: FBR faces probe for computing wrong income tax liability ISLAMABAD: The Federal Tax Ombudsman (FTO) has decided to conduct an investigation against the Federal Board of... Published 25 Jul, 2023 06:20am
Business & Finance Tax authorities pass assessment orders on incorrect assumptions? LAHORE: Departmental store owners have alleged that the income tax authorities pass the assessment orders without... Published 29 Jun, 2023 04:19am
Print Tax return form to be issued in Urdu: Scheme in budget for small traders to end multiple tax rates: Dar ISLAMABAD: Finance Minister Ishaq Dar has assured All Pakistan Anjuman-e-Tajiran that the budget (2023-24) would... Updated 03 Jun, 2023 09:35am
Business & Finance Move to bring 2m retailers into tax net: Senate body clears bill on tax laws ISLAMABAD: The Senate Standing Committee on Finance has cleared the Tax Laws (Second Amendment) Bill, 2022 with some... Updated 23 Dec, 2022 08:44am
Business & Finance Broadening tax base: Data of power, gas cos and property registrar being utilized ISLAMABAD: The government has maintained that continuous efforts are being made to broaden the tax base and for this... Published 27 Oct, 2021 04:50am
Business & Finance Hours before deadline, FBR’s Iris portal becomes non-functional Filers of tax returns complain of page's functionality for past 8-9 hours Updated 30 Sep, 2021 01:48pm
Print Tax return: FBR clarifies penalty for each day of default ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that a person who fails to file the return within the ... Updated 24 Sep, 2021 10:00am
Business Government of Pakistan Revenue Division Federal Board of Revenue Subject Explanation of Important Amendments Introduced in the Income Tax Ordinance, 2001, Via the Tax Laws (Third Amendment) Ordinance, 2021 Published 24 Sep, 2021 04:40am
Business MTO organises awareness session on tax return filing with ACTIK KARACHI: The Medium Tax Office (MTO) has organized an awareness session on income tax return filing with All City... Published 16 Sep, 2021 04:02am