ICMA Pakistan Submits Policy Proposals to Federal Board of Revenue (FBR) for Tax Reforms

ICMA Pakistan Submits Policy Proposals to FBR for Tax Reforms

The Research and Publications (R&P) Committee of ICMA Pakistan headed by Mr. Muhammad Yasin, Vice President ICMA, has submitted a comprehensive set of policy proposals to the Federal Board of Revenue (FBR) aimed at optimizing revenue generation and fostering economic growth. These recommendations focus on broadening the tax base, integrating the entire business value chain…

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Tax in Pakistan

TAXPAYERS ALLOWED TO FILE TAX RETURNS AFTER EXPIRY OF EXTENDED PERIOD

Federal Board of Revenue (FBR) has clarified that taxpayers are allowed under the law to file annual income tax returns after the completion of extended period granted by the Chief Commissioners Inland Revenue. FBR has advised the taxpayers to file their returns as early as possible as late filing of tax returns will only be…

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