Jurisdiction & Appointment of Income Tax Authorities in Pakistan
Jurisdiction & Appointment of Income Tax Authorities in Pakistan A Comprehensive GuideNavigating the tax system in Pakistan can be complex, but understanding the jurisdiction and appointment of income tax authorities is essential for taxpayers. This guide breaks down the hierarchy, powers, and processes governing tax authorities under the Income Tax Ordinance , ensuring you have […]
Understanding the Taxability of Teachers’ Remunerations in Pakistan: A Closer Look at the Recent Circular
Understanding the Taxability of Teachers’ Remunerations in Pakistan: A Closer Look at the Recent Circular In a recent development, the Federal Tax Ombudsman Secretariat in Pakistan has issued a circular that could have significant implications for teachers performing duties with Boards of Intermediate and Secondary Education. The circular, dated March 6, 2025, addresses the taxability […]
Update on Sales Tax Return Filing in IRIS
Update on Sales Tax Return Filing in IRIS The Federal Board of Revenue (FBR) has introduced significant updates to the Sales Tax Return Filing process in the IRIS portal. These changes aim to improve transparency, compliance, and efficiency in the taxation system. Below is a detailed breakdown of the latest modifications: Key Updates in Annexures […]
Fixed Tax for Traders Suggested After Tajir Dost Scheme Failure
Fixed Tax for Traders Suggested After Tajir Dost Scheme Failure: A Path to Simplified Taxation Karachi, February 28, 2025 – The failure of the much-hyped Tajir Dost Scheme (TDS) has prompted the business community in Pakistan to advocate for a fixed tax regime tailored specifically for traders. This demand has gained significant traction as traders […]
Latest Developments in Pakistan’s Taxation System
Latest Developments in Pakistan’s Taxation System: Key Insights for 2025 Pakistan’s taxation system is undergoing significant reforms as the Federal Board of Revenue (FBR) prepares for the fiscal year 2025-26. With initiatives ranging from anti-smuggling crackdowns to electronic invoicing mandates, these changes are reshaping the country’s tax landscape. This article explores the latest updates, their […]
Understanding Pakistan’s E-Invoicing System
Understanding Pakistan’s E-Invoicing System: A Guide for Businesses In a bid to modernize tax administration and enhance transparency, Pakistan has introduced a new e-invoicing system through SRO No. 69(I)/2025. Pakistan’s e-invoicing system represents a significant shift in how businesses report sales transactions and comply with tax regulations. Whether you’re a retailer, wholesaler, importer, or manufacturer, […]
how to become filer in pakistan
How to become filer in pakistan Introduction In Pakistan, it is important for one and every organization to register him/it as a tax filer, in order to be in the tax net and enjoy several benefits which are provided through tax system. Filer is an individual that is registered with the Federal Board of Revenue (FBR) and […]