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FBR Tightens Promotion Rules: Asset Declaration Now Compulsory for Officers The Federal Board of Revenue (FBR) has introduced a new condition for officers who want to be promoted. From now on, officers must submit their asset declarations along with their performance evaluation reports before their cases are placed before the Departmental Promotion Committee (DPC). This […]

Time-Barred Tax Appeals Rejected, Questions Raised Over FBR’s Performance Lahore: Serious questions have been raised over the working of the Federal Board of Revenue (FBR) after courts dismissed several tax appeals filed by the department due to being time-barred. The Lahore Tax Bar Association’s Public Interest Litigation Committee  (LTBA-PILC) has termed this situation a clear

Section 4C Under Fire: Super Tax Challenged in Federal Constitutional Court The constitutionality of Section 4C of the Income Tax Ordinance, 2001 has seriously been questioned, since it was contested before the Federal Constitutional Court that the provision is not in conformity with the constitution, having failed to meet the minimum requirements of a federal

Thinking of Starting a US Company in 2026? Here’s What Non-Residents Should Know Expanding your business to the United States is no longer just a big-corporate move. In 2026, freelancers, Amazon sellers, IT consultants, agency owners, and startup founders from around the world are registering US companies without even living there. The good news? You

Running a US LLC as a Foreigner? Read This First Forming a US LLC is easy. Managing it properly is where most foreign owners make mistakes. In 2026, thousands of freelancers, Amazon sellers, consultants, and startup founders from Pakistan and other countries are operating US companies remotely. The setup process looks simple and affordable. But

US Tax Deadlines in 2026: A Simple and Clear Guide Tax season can be very daunting, but when you are aware of the important dates in advance, everything becomes much simpler. In 2026, taxpayers will be submitting tax returns for income earned in 2025. This article outlines the important US federal tax deadlines in simple

FBR Simplifies Tax-Free Import Rules for Chinese Goods in Gilgit-Baltistan In an effort that could boost trade activities and development within the region of Gilgit-Baltistan (GB), the Federal Board of Revenue (FBR) has now developed an organized procedure that allows tax-exempt imports from China that pass through the Sost Dry Port. In this new deal,

Why Pakistan’s Salaried Class Is Paying the Highest Taxes Salaried individuals in Pakistan continue to shoulder a heavy share of the country’s tax load. According to provisional figures released by the Federal Board of Revenue (FBR), salaried taxpayers paid Rs266 billion in income tax during the first half of the current fiscal year (July–December). This

Pakistan’s Oil Industry Under Pressure: Companies Urge OGRA for Immediate Action in 2025   ISLAMABAD, 2025 — Pakistan’s oil industry has raised serious concerns, warning that the sector is close to a breaking point due to long-standing financial and operational problems that remain unresolved by the government and regulators. In a formal letter addressed to

Rs83 Billion Collected: PTA’s Role in Cleaning Up Pakistan’s Mobile Phone Market In the current six years, the Pakistan Telecommunication Authority (PTA) has collected over Rs 83 billion tax revenue through the mobile registration and blocked 100 million mobile devices. This shows how strong monitoring and regulation can make a real difference in both revenue