FBR Announces Weekend Operations to Facilitate Tax Collection
The Federal Board of Revenue (FBR) has announced that its offices across Pakistan will remain open over the weekend on May 23 and 24, 2026, to support taxpayers and streamline the collection of taxes and duties. According to the announcement, all major tax offices, including Large Taxpayers’ Offices (LTOs), Medium Taxpayers’ Offices (MTOs), Corporate Tax […]
A New Push to Fix Pakistan’s Tax Dispute Maze
Pakistan is taking another shot at cleaning up one of its most persistent governance problems: the tax litigation system. Prime Minister Shehbaz Sharif has signed off on a reform package designed to make tax disputes faster to resolve, more transparent, and more accountable. For years, unresolved tax cases have clogged the system in Pakistan, tying […]
Section 156 Prize Bond Tax in Pakistan: Implications for Filers and Non-Filers
Section 156 Prize Bond Tax in Pakistan: Implications for Filers and Non-Filers Prize bonds found much popularity as an investment tool in Pakistan; people can invest in prize bonds and have chances to win cash awards while keeping their invested amount as safe as their pocket money. However, recent changes in the laws and rules […]