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Foreign remittance is a crucial aspect for many Pakistanis living abroad. As they work in various countries, they often send money back home to support their families. However, navigating the regulations imposed by the Federal Board of Revenue (FBR) in Pakistan can take time and effort. In this article, we will explore the conditions and … Read more

The concept of non-filers is crucial in understanding recent actions by the Federal Board of Revenue (FBR). Many individuals are concerned about the implications of being classified as a non-filer, particularly regarding travel restrictions and utility connections. This article aims to clarify who non-filers are and the consequences they face. Last year, FBR implemented amendments … Read more

The 2024 budget has introduced significant changes to sales tax regulations, which are crucial for businesses and taxpayers to understand. These amendments are aimed at addressing tax fraud and enhancing compliance. This article will explore the critical changes in Pakistan sales tax law, their implications, and how businesses can navigate these new regulations effectively. Overview … Read more

Pakistan’s real estate industry has seen considerable tax revisions in the 2024-25 budget. These changes primarily affect property sales, acquisitions, and the corresponding holding periods. Understanding these changes is critical for individuals involved in real estate transactions to navigate the new tax environment properly. This article will review significant real estate tax changes, such as … Read more

The 2024 budget included substantial changes to Pakistan’s appeal system, notably with income tax and sales tax. These changes are critical for taxpayers, tax preparers, and anybody engaged in the tax code. Understanding these changes is essential for navigating the new world of tax appeals. This essay will examine the new appeals system’s significant changes, … Read more

The recent Budget 2024 has significantly changed the taxation landscape for exporters in Pakistan. Understanding the new Exporters Tax in Budget 2024 is essential for businesses that engage in international trade. This article delves into the major shifts in tax policies that could impact exporters, from small enterprises to large corporations. It aims to provide … Read more

The Finance Act 2024 made substantial modifications to Pakistan’s direct tax policy. These modifications simplify tax processes, increase compliance, and boost revenue collection. This page digs into the important revisions made by the legislation, offering a thorough review for taxpayers, accountants, and legal experts. Critical Amendments in Definitions and Scope One of the most significant … Read more

In 2024, making money in Pakistan is more accessible than ever due to technological advancements and diverse economic opportunities. It would help if you explored various income streams, from traditional businesses to digital ventures. Here are key areas you should consider to make money in Pakistan or earn dollars in 2024: Freelancing: Utilize platforms like … Read more

The Federal Board of Revenue (FBR) is the primary tax authority in Pakistan. It operates under the Ministry of Finance, overseeing the enforcement of fiscal laws. FBR is tasked with: Tax Collection in Pakistan: Collecting direct and indirect taxes, ensuring that revenue targets are met. Policy Implementation by FBR: Executing and monitoring tax policies set … Read more