Sohail Sarfraz

ISLAMABAD: The Federal Board of Revenue (FBR) will ensure deduction of 5 percent Withholding Tax on revenues received from social media platforms

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced the concept of digitally operated settlement of tax proceedings and Faceless Regime for Audit, Assessment, Appeals and Jurisdiction to facilitate the taxpayers.

ISLAMABAD: Pasoori has become the first song produced in Pakistan to cross one billion views on YouTube, a landmark moment for Coca-Cola Pakistan, Coke Studio and Pakistani music.

ISLAMABAD: The Federal Board of Revenue (FBR) has totally abolished Super Tax for exporters deriving income exceeding Rs 500 million after fulfilment of specified conditions.

ISLAMABAD: Banks and Electronic Money Institutions would be required to electronically upload to the Central Data Hub the prescribed information

ISLAMABAD: The withholding tax at the rate of 15 percent would be applicable on independent professional services covering doctors, lawyers, architects, accountants, and software engineers or developers from July 1, 2026.

ISLAMABAD: Banks having Foreign Currency Value Accounts (FCVAs), Foreign Currency Business Value Accounts (FCBVAs), Non-Resident Rupee Value

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced a consolidated framework for investor onboarding, seeking to

ISLAMABAD: President Asif Ali Zardari has dismissed two sets of representations filed by the Federal Board of Revenue (FBR) against orders of the

ISLAMABAD: The government has agreed with the International Monetary Fund (IMF) to limit the Federal Board of Revenue's (FBR) outstanding tax refund