FBR Mandates Online Filing for Individual Taxpayers Under New Income Tax Rules
The Federal Board of Revenue (FBR) introduces amendments to the Income Tax Rules 2002, requiring individual taxpayers to electronically submit income tax returns and withholding statements, aiming to modernize tax administration and streamline processes.
Finance Division Takes Control of Tax Policy as Government Restructures FBR’s Role
In a major policy shift, the government of Pakistan has officially transferred responsibility for tax policy from the Federal Board…
FBR Launches Transformative Plan to Raise Pakistan’s Tax-to-GDP Ratio to 18%
The Federal Board of Revenue (FBR) has unveiled a comprehensive transformation roadmap aimed at increasing Pakistan’s tax-to-GDP ratio from 10.24% to 18% through digitization, institutional reforms, and enhanced human capital.
PBA Chairman Zafar Masud Calls for Urgent Tax Reforms to Ease Pressure on Pakistan’s Banking Sector
Zafar Masud, Chairman of the Pakistan Banks’ Association, stresses the critical need for tax reforms and a broader tax base to relieve mounting pressure on banks and secure Pakistan’s long-term economic resilience.