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Indefinite Hold on New Property Valuation Rates

According to an FBR announcement, the Federal Board of Revenue (FBR) postponed the implementation of revised property assessment rates until January 16, 2022. Taking note of several complaints received from various stakeholders across the country, including real estate agents and town developers, about extraordinary rises in property rates as a result of the recently-notified property… Continue reading Indefinite Hold on New Property Valuation Rates

Real Estate Agencies: Get Registered with FBR or Lose Your Business

Pakistan has made it mandatory for real estate agents to register with the Federal Board of Revenue (FBR), the authority overseeing taxation. According to the FBR’s notification, no government or private developer may do business with unregistered real estate dealers. Property transfers and registrations will not be allowed for unregistered agents, the FBR said. All… Continue reading Real Estate Agencies: Get Registered with FBR or Lose Your Business

Business Registration- A Mandatory Process

Are you aware of the importance of registering your business?  If not, then you are missing out on the benefits of registering your business. But before going onto bigger things, know what business registration actually is. The law requires business registration. It’s just making your business official and legally recognized about who owns and runs… Continue reading Business Registration- A Mandatory Process

E-Kachehri held at FBR Headquarters

 An E- Kachehri is held every month since 27 September 2021, where Chairman FBR listens to every complaint and problem faced by the taxpayers and then provides complete solutions. Civilians who pay taxes and have any queries related to any tax related issue can call on the landline number provided by the FRB to… Continue reading E-Kachehri held at FBR Headquarters

FBR and PTA to Develop a New Taxation Strategy for Mobile Users

A parliamentary committee directed the Pakistan Telecommunication Authority (PTA) and the Federal Board of Revenue (FBR) to develop a comprehensive strategy to benefit mobile phone users on Wednesday, 24th November 2021. Standing Committee on Cabinet Secretariat of National Assembly with Kishwar Zehra as its Chairman summoned Chairman PTA and Chairman FBR. They called the Chairman… Continue reading FBR and PTA to Develop a New Taxation Strategy for Mobile Users

SMEs, Startups Facilitated By SECP Amendments

The Securities and Exchange Commission of Pakistan (SECP) has amended the Companies (Further Issue of Shares) Regulations 2020, to address the challenges that the corporate sector, particularly startups and small businesses, encounter in obtaining equity through traditional channels. In a statement on Tuesday 23rd November 2021, the commission announced several key changes, including the right… Continue reading SMEs, Startups Facilitated By SECP Amendments

Senate Panel on Tax Law Provisions

Last Thursday 18th November 2021, a Senate Finance Committee meeting examined tax law difficulties and the most needed provisions. The vast majority of the Tax Laws (Third Amendment) Ordinance, 2021, was enacted. The problems of the FBR’s tax rules were discussed, and then crucial judgments were made on its behalf. Continue reading to find out… Continue reading Senate Panel on Tax Law Provisions

ActiveFiler as One of the Fastest-Growing Fintech Startups in 2021

ActiveFiler; your partner for convenient and affordable tax filing is beginning to make a name for itself among the top fastest emerging companies across Pakistan. Startup Pakistan, which is a news outlet agency, is known for keeping a keen eye on emerging businesses all around the country. And now, through their recent official release, have… Continue reading ActiveFiler as One of the Fastest-Growing Fintech Startups in 2021

Corporate Social Responsibility in Pakistan; ActiveFiler Making a Positive Social Impact

“Empowering a prosperous Pakistan for all” is ActiveFiler’s purpose statement. The primary idea behind the establishment of ActiveFiler was to drive positive change in the society, in a way that Pakistan benefits in a whole. Our Vision This has been a part of our culture and woven into all that we do and all that… Continue reading Corporate Social Responsibility in Pakistan; ActiveFiler Making a Positive Social Impact