Taxation on Cash Withdrawals in Pakistan (2025)
Taxation on Cash Withdrawals in Pakistan (2025) In 2025, the taxation rules on cash withdrawals from banks in Pakistan have been clearly defined by the government, affecting both tax filers and non-filers. Understanding these regulations can help individuals minimize tax burdens and take advantage of financial benefits available to filers. Tax on Cash Withdrawals When […]
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 […]
PTA and FBR: Pioneering Efforts in Mobile Device Regulation
PTA and FBR: Pioneering Efforts in Mobile Device Regulation The Pakistan Telecommunication Authority (PTA) and the Federal Board of Revenue (FBR) are spearheading a transformative initiative to address mobile device compliance through the Device Identification, Registration, and Blocking System (DIRBS). This partnership reflects a concerted effort to modernize Pakistan’s digital ecosystem while fostering public awareness […]
FBR Unveils New Policy for Non-Filers in Property Market
FBR Unveils New Policy for Non-Filers in Property Market New Policy For Non-Filers In a move to revitalize the real estate sector, the Federal Board of Revenue (FBR) has introduced a new policy allowing non-filers to purchase property worth up to Rs. 1 crore without inquiries into their source of funds. This initiative aims to […]
8 Penalties for Non-Filers According to the Latest 2024 FBR Laws
8 Penalties for Non-Filers According to the Latest 2024 FBR Laws Non-filers will face harsher penalties in Pakistan in 2024 as the FBR (Federal Board of Revenue) implements a more aggressive strategy. This is part of a government-wide effort to increase tax compliance, and close the gap between the taxpayers and taxable population. Individuals who […]