22+ hour, 56+ min ago   (444+ words) FBR expands digital sales tax enforcement, allowing taxable goods and conveyances to be seized for bypassing prescribed monitoring systems. ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to seize and confiscate taxable goods manufactured, produced, transported or supplied…...

4+ day, 14+ hour ago   (377+ words) Rashid Mahmood Langrial reviews pending tax issues with Karachi business leaders and seeks support for retailers’ scheme. FBR Chairman Rashid Mahmood Langrial held a meeting with a delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in…...

5+ day, 1+ hour ago   (412+ words) The new three-member committee will review tax cases before the FBR can pursue references, appeals or reviews before superior courts. ISLAMABAD: The Federal Board of Revenue (FBR) has introduced an Independent Case Scrutiny Committee under newly inserted Section 133A of the…...

6+ day, 6+ hour ago   (593+ words) FBR outlines rules for adjusting losses against taxable income and restrictions on set-off and carry-forward under the Income Tax Ordinance, 2001. ISLAMABAD: The Federal Board of Revenue (FBR) has explained the rules governing the set-off of losses against income for Tax…...

6+ day, 6+ hour ago   (634+ words) FBR outlines the six-year general limit and special carry-forward periods for business losses under the Income Tax Ordinance, 2001. ISLAMABAD: The Federal Board of Revenue (FBR) has explained the rules governing the carry-forward of business losses for Tax Year 2027, including the…...

1+ week, 1+ day ago   (335+ words) FBR says certain resident individuals who become tax residents through employment may receive an exemption on foreign-source income for Tax Year 2027, subject to specific conditions. The Federal Board of Revenue (FBR) has clarified the tax exemption available on foreign-source income…...

1+ week, 2+ day ago   (455+ words) Diplomats, UN personnel and certain foreign government employees may qualify for income tax exemptions in Pakistan under Sections 42 to 44. ISLAMABAD: Diplomats, United Nations officials and certain foreign government employees may qualify for income tax exemptions in Pakistan during Tax Year…...

1+ week, 4+ day ago   (651+ words) FBR proposes new procedures for ADR applications, committee remuneration, multiple cases and withdrawal of pending tax appeals ISLAMABAD: The Federal Board of Revenue (FBR) has proposed amendments to Rule 231C of the Income Tax Rules, 2002, seeking to revise procedures for the…...

1+ week, 4+ day ago   (332+ words) The FBR issued S.R.O. 1497(I)/2026 on September 2, 2026, under Section 6A of the Anti-Money Laundering Act (AMLA), 2010. The notification amends the DNFBPs (Regulatory Powers and Functions) Regulations, 2020. Under the notification, the FBR has substituted the existing table in Regulation 3 with a revised table specifying…...

1+ week, 5+ day ago   (429+ words) FBR outlines conditions for claiming bad debt deductions and sets out tax treatment for subsequent recoveries and consumer loan provisions. ISLAMABAD: The Federal Board of Revenue (FBR) has clarified the rules governing bad debt deductions for Tax Year 2027 under Section…...