Atif & Co

01/07/2026

30/06/2026

31/03/2024

10/03/2023

Notification for imposition of enhanced rate of 25% Sales Tax on import & supply of luxury goods.

27/08/2022

FBR issued a draft paper return form for tax year 2022, which will be filed by individuals other than salaried persons.
The FBR issued SRO 1612(I)/2022 on 26.08.2022 to issue the draft individual paper return for tax year 2022.
According to the SRO, the draft return form has been issued for objections and suggestions from the stakeholders. “Objections and suggestions may be considered by the FBR that are sent within 7-days of publication of the draft in the official gazette”
According to the draft for individual paper return for tax year 2022 will be filed by individuals, deriving income under any head other than salary or business.
It is pertinent to mention that the FBR issued the online return form on 01.07.2022 to allow the taxpayers a statutory time period of 3-months for filing income tax return. The last date for filing income tax return for tax year 2022 is 30.09.2022. By this last date persons including salaried and business individuals, association of persons (AOPs) and corporate taxpayers having special accounting year are required to file the annual return.
The FBR issued the draft paper return for individuals for filing return for tax year 2022 will give shorter time to the taxpayers falling under this segment.
As per the draft paper return, a taxpayer will require to file wealth statement along with the annual return. The wealth statement requires information regarding precious possession, household effect, cash etc.
It also requires persons to declare assets in other name, total assets inside Pakistan and assets held outside Pakistan.

08/02/2022

عوام کی سہولت کے لیے فیڈرل بورڈ آف ریونیو نے IRIS پورٹل میں شکایت کی سہولت متعارف کروادی.

01/02/2022

PTBA gave concern over the decision taken by FBR regarding the assignment of cases of Income Tax, Sales Tax and FED to the third Party Auditors for conducting Audit of the taxpayer's affairs