Latest FBR Circulars – Karachi Tax Bar Association

12-Dec-2022: SRO2200(I)2022-Exemption_Capital_Value_Tax_8_Finance_Act
25-Nov-2022: S.R.O. 2061(I)/2022 – Establishment of Check Post for Enforcement of Provision of Section 40D of the Sales Tax Act, 1990
03-Oct-2022: S.R.O. 1829(I)/2022 – dated 03.10.2022 regarding amendment in S.R.O No. 978(I)/2022 dated 30.06.2022
29-Sep-2022: S.R.O. 1797(I)/2022 – Capital Value Tax Rules, 2022
27-Sep-2022: S.R.O. 1768(I)/2022 – Draft Amendments in Income Tax Rules 2002 – Rule13P(q), Rule 13L(d), Rule 13P(L), Rule 13N(5A)
13-Sep-2022: SRO 1733(I)/2022 – Manual Income Tax Return Forms for Tax Year 2022
31-Aug-2022: S.R.O. 1639(I)/2022 – Exemption of Income Tax on on Import of Tomatoes and Onions
30-Jun-2022: S.R.O. 978(I)/2022 – Income Tax Return Forms for Salaried Persons, AOPs, Business Individual and Companies for Tax Year 2022
21-Jun-2022: S.R.O. 820(I)/2022 – Draft Income Tax Return Forms for Salaried Persons, AOPs, Business Individual and Companies for Tax Year 2022
19-May-2022: S.R.O. 597(I)/2022 – Amendment in Rule 74 – Service Documents Electronically
17-May-2022: SRO605(I)2022-Draft_Pakistan_Single_Window_Evidence_Identity
14-May-2022: S.R.O. 593(I)/2022 – Amendment in S.R.O. 337(I)/2022 dated 02.03.2022
22-Apr-2022: S.R.O. 541(I)/2022 – Amendment in Rule 150 ZF of Chapter XIV-B in Sub-Chapter-1
3-Mar-2022: SRO 345(I)/2022 – Revision of value of immovable properties of Karachi
03-Feb-2022: S.R.O. 175(I)2022 – Amendment in rule 33 G of Income Tax Rules, 2002
25-Jan-2022: S.R.O. 128(I)2022 – Regarding insertion of sub-regulations (4) and (5) in regulation 3 of the Federal Board of Revenue Anti-Money Laundering and Countering Financing of Terrorism Regulations for DNFBPs, 2020
05-Jan-2022: S.R.O. 05(I)/2022 – Jurisdiction of Directors and Officers (DNFBPs)
17-Dec-2021: S.R.O. 1608(I)/2021 – Draft amendment in Rule 78 of the Income Tax Rules, 2002
26-Nov-2021: S.R.O. 1515(I)/2021 – Inland Revenue Uniform Rules, 2021
29-Oct-2021: S.R.O. 1407(I)/2021 – Exemptions on import of drones donated by Ministry of Agriculture and Rural Affairs (MARA), China to Pakistan through Sea Route
01-Oct-2021: S.R.O. 1291(I)/2021 – Notification under Pakistan Single Window Act, 2021 (Act no. III of 2021)
27-Sep-2021: Constitution of ADRC
27-Aug-2021: S.R.O. 1073(I)/2021 – Manual Income Tax Return Forms for Individual and AOPS for Tax Year 2021
16-Aug-2021: S.R.O. 1022(I)/2021 – Draft Income Tax Return Forms Manual for Individual and AOPs for Tax Year 2021
01-Jul-2021: S.R.O. 853(I)/2021 – Income Tax Return Forms for Salaried Persons, AOPs, Business Individual and Companies for Tax Year 2021
29-Jun-2021: S.R.O. 849(I)/2021 – Draft Insertion of 19H application of this rule
29-Jun-2021: SRO835(I)2021-Insertion_rule_231FA_Procedure_E-Audit
24-Jun-2021: S.R.O. 801(I)/2021 – Capital losses on disposal of securities
18-Jun-2021: S.R.O. 796(I)/2021 – Notification under PSW Act, 2021
18-Jun-2021: S.R.O. 795(I)/2021 – Notification under PSW Act, 2021
18-Jun-2021: S.R.O. 794(I)/2021 – Notification under PSW Act, 2021
18-Jun-2021: S.R.O. 793(I)/2021 – Notification under PSW Act, 2021
18-Jun-2021:S.R.O. 792(I)/2021 – Notification under PSW Act, 2021
18-Jun-2021: S.R.O. 791(I)/2021 – Notification under PSW Act, 2021
18-Jun-2021: S.R.O. 790(I)/2021 – Notification under PSW Act, 2021
18-Jun-2021: S.R.O. 789(I)/2021 – Notification under PSW Act, 2021
18-Jun-2021: S.R.O. 788(I)/2021 – Notification under PSW Act, 2021
18-Jun-2021: S.R.O. 787(I)/2021 – Notification under PSW Act, 2021
18-Jun-2021: S.R.O. 791(I)/2021 – Notification under PSW Act, 2021
01-Jun-2021: S.R.O. 639(I)2021 – Draft amendments in Income Tax Rules, 2002
31-May-2021: S.R.O. 636(I)/2021 – Draft amendments in Income Tax Rules, 2002 – Procedure for E-Audit
25-May-2021: S.R.O. 589(I)/2021 – Amendment in Second Schedule of Income Tax Ordinance, 2001
07-Apr-2021: S.R.O. 453(I)/2021 – Exemption from income tax under clause (75) of Part-1 of the Second Schedule to Income Tax Ordinance, 2001
01-Apr-2021: S.R.O. 405(I)/2021 – Multilateral Convention to implement Tax Treaty related measures to prevent Base Erosion and Profit Shifting
31-Mar-2021: S.R.O. 369(I)/2021 – Assets Declaration Rules
30-Mar-2021: S.R.O. 373(I)/2021 – Constitution of Alternate Dispute Resolution Committees (ADRCs)
02-Mar-2021: S.R.O. 272(I)/2021 – Functions of Directorate General (I&I-IR)
01-Mar-2021: S.R.O.269(I)/2021 – International Sukuk
01-Mar-2021: S.R.O. 268(I)/2021 – Eurobonds
23-Feb-2021: S.R.O. 235(I)/2021 – Exemption of taxes on import of raw & white sugar
10-Feb-2021: S.R.O. 175(I)/2021 – Draft Refund Rules
26-Jan-2021: S.R.O. 99(I)/2021 – Import of Wheat
22-Dec-2020: S.R.O. 1368(I)/2020 – Draft Assets Declaration Rules, 2020
16-Dec-2020: S.R.O. 1341(I)/2020 – Draft Amendments in Income Tax Rules, 2002 regarding Taxpayer Profile
10-Dec-2020: S.R.O. 1319(I)/2020 – DNFBPs (Regulatory Powers and Functions) Regulations, 2020
10-Dec-2020: S.R.O. 1318(I)/2020 – Amendment in Jurisdiction
09-Dec-2020: S.R.O. 1316(I)/2020 – Simplified Income Tax Return for manufacturers having turnover less than Rs. 500 millions
09-Dec-2020: S.R.O. 1315(I)/2020 – Amendment in Chapter XII for rules 76 to 760 of the Income Tax Rules, 2002
09-Dec-2020: S.R.O. 1314(I)/2020 – New insertion Chapter XVIB in the Income Tax Rules, 2002 regarding Refund Rules
26-Nov-2020: S.R.O. 1262(I)/2020 – Draft Amendment in Chapter-XII for rules 76 to 76O of the Income Tax Rules 2002
26-Nov-2020: S.R.O. 1261(I)/2020 – Draft Simplified Income Tax Return for Manufacturers having turnover less than Rs. 50 millions
23-Nov-2020: S.R.O. 1250(I)/2020 – Draft Insertion of sub rule (2A) in rule 74 of the Income Tax Rules, 2002
23-Nov-2020: S.R.O. 1249(I)/2020 – Amendment in the Alternative Dispute Resolution under section 134A of the Income Tax Ordinance, 2001
20-Nov-2020: S.R.O. 1240(I)/2020 – Amendment in the Twelfth Schedule
20-Nov-2020: S.R.O. 1239(I)/2020 – New insertion Chapter XVIB in the Income Tax Rules 2002 regarding draft Refund Rules
06-Nov-2020: S.R.O. 1185(I)/2020 – Rules in respect of prescribing time limit for notifying Income Tax Return forms
06-Nov-2020: S.R.O. 1184(I)/2020 – Rules for agreed assessment under section 122D of Income Tax Ordinance, 2001
06-Nov-2020: S.R.O. 1183(I)/2020 – Draft Amendment in Alternate Dispute Resolution under section 134A of the Income Tax Ordinance, 2001
13-Oct-2020: S.R.O. 1041(I)/2020 – Draft Rules in respect of prescribing time limit for notifying Income Tax Return forms
02-Oct-2020:S.R.O. 954(I)/2020 – Draft Rules for agreed assessment under section 122D of the Income Tax Ordinance, 2001
29-Sep-2020: S.R.O.924(I)/2020 – FATF Non-Financial Businesses and Professions Yahoo / Inbox
29-Sep-2020: S.R.O. 923(I)2020 – Procedure for obtaining exemption certificate us 152
29-Sep-2020:S.R.O.922(I)2020 – Exemption from taxes at import stage in respect of procurement of 83xMicron Sprayers for Anti-Locust
18-Sep-2020: S.R.O. 887(I)/2020 – regarding procedure and manner for applying and approving green field industrial undertaking
17-Sep-2020: S.R.O. 885(I)/2020 – Final simplified Income Tax Return for Retailers having turnover less than Rs. 10 million
14-Sep-2020: Draft S.R.O. 863(I)/2020 – Procedure for obtaining exemption certificate u/s 152
10-Sep-2020: S.R.O. 845(I)/2020 – Amendment in the Alternate Dispute resolution Rules (ADRC)
08-Sep-2020: Draft S.R.O. 823(I)/2020; procedure and manner for applying and approving Green Field Industrial Undertaking
08-Sep-2020: Draft S.R.O. 821(I)/2020; Simplified Income Tax Return for Retailers having turnover less than Rs. 10 millions
04-Sep-2020: S.R.O. 810(I)/2020; Panel of Alternative Dispute Resolution (ADRC)
26-August-2020: Draft S.R.O. 780(I)/2020 – Amendment in rule 231 C of Income Tax Rules, 2002
26-Aug-2020: S.R.O. 779(I)/2020 – Online Integration of Businesses
24-August-2020: S.R.O. 773(I)/2020; Certain amendments in Banking Companies Reporting requirements Rules and Common Reporting Standard Rules
24-Aug-2020: S.R.O. 772(I)2020; Exemption from taxes on import of Oxygen Gas, Oxygen Cylinders and Cryogenic tanks
20-Aug-2020: S.R.O. 750(I)/2020; Exemption of taxes from import of refined white sugar
12-Aug-2020: S.R.O. 715(I)/2020; Amendments in respect of import u/s 148 of Income Tax Ordinance, 2001
05-Aug-2020: Draft S.R.O. 686(I)/2020; Replacement of rules 39A to 39F of the Income Tax Rules, 2002 and New Rules, New Formats & Common Reporting Standard Rules
09-July-2020: Draft S.R.O. 615(I)/2020 – Draft amendments regarding Import Rules u/s 148 of Income Tax Ordinance, 2001
22-Jun-2020 : S.R.O. 557(I)/2020 – Exemption from Income Tax at import stage in respect of import of finished drug Remdesivir
16-Apr-2020: S.R.O. 317(I)/2020 – Removal of brand specification in respect of certain goods being imported for the prevention and treatment of COVID-19
16-Apr-2020: S.R.O. 316(I)/2020 – Removal of brand specification in respect of certain goods being imported for the prevention and treatment of COVID-19
16-Apr-2020: S.R.O. 315(I)/2020 – Exemption of Income Tax under Ehsaas Emergency Cash Transfer Programme
9-Apr-2020: S.R.O. 323(I)/2020 – Convention for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income
S.R.O. 300(I)/2020 dated April 10, 2020 on the subject of Exemption from Income Tax to the PM COVID-19 Pandemic Relief Fund-2020.
07-Apr-2020: S.R.O. 287(I)/2020 – Reduction in Taxes and Duties on import and supply of various food items
02-Apr-2020: S.R.O. 274(I)/2020 – Amendments in Income Tax Rules, 2002
02-Mar-2020: S.R.O. 140(I)/2020; Values of minerals for the purpose of sub-section (4) of section 236V of IT Ord., 2001
14-Feb-2020: S.R.O. 111(I)/2020 – Recovery of Tax from Persons holding money on behalf of Taxpayer
S.R.O. 68(I)/2020 dated January 31, 2020 on the subject of Amendment in Rule 231A of the Income Tax Rules, 2002
S.R.O. 07(I)/2020; Draft Amendment in Rule 231A of the Income Tax Rules, 2002
S.R.O. 1376 of 2019 dated November 13, 2019 on the subject of Amendment in S.R.O 843 of 2019 dated 23.07.2019
S.R.O. 1321 of 2019 dated November 08, 2019 on the subject of Exclusion of Third Schedule items from purview of value addition tax under Twelfth Schedule.
S.R.O. 1320 of 2019 dated November 08, 2019 on the subject of Draft Special instructions regarding books of accounts, documents and records to be maintained by designated persons (DPs) and reporting of suspicious transactions.
S.R.O. 1160 of 2019 dated September 27, 2019 on the subject of Manual Income Tax Return Form for Individual
SRO 968 of 2019: Draft Returns Forms (for companies) have been issued on Thursday, the 29th August, 2019
SRO 951 of 2019: Draft Income Tax Returns Forms have been issued by FBR (for Individual and AOP taxpayers)
S.R.O. 940(I)/2019 dated August 19, 2019 on the subject of Functions & Powers of the office of the Director General Special Initiatives, FBR
S.R.O. 903(I)/2019 dated July 31, 2019 on the subject of Panel of Alternative Dispute Resolution (ADRC)
S.R.O. 849(I)/2019 dated July 24, 2019 on the subject of Amendment in rule 44 of Income Tax Rules, 2002.
17-Jul-2019: S.R.O. 813(I)/2019 dated July 17, 2019 on the subject of Draft amendment in rule 44 of Income Tax Rules, 2002.
S.R.O. 744(I)/2019 dated July 09, 2019 on the subject of Delegation of Powers to Director General International Tax Operations.
SRO 578(I)/2019 dated May 25, 2019 on the subject of Assets Declaration (Procedure and Conditions) Rules, 2019
S.R.O. 326(I)/2019 – Notification of Benami Transactions (Prohibition) Rules, 2019
Federal Board of Revenue has issued the following Twenty (20) SROs regarding New Property Valuation dated February 01, 2019.
S.R.O. 69(I)/2019 dated January 24, 2019 on the Alternate Dispute Resolution
S.R.O. 29(I)/2019 dated January 08, 2019 on the subject of Amendment in Income Tax Rules, 2002 for furnishing information by Banks.
Electronic Returns Forms for Companies issued by the FBR on 9th November, 2018.
S.R.O. 1352(I) 2018; Amendments in Rule231-C of Income Tax Rules 2002 on Alternative Dispute Resolution
S.R.O. 1321(I) 2018; Further amendment in Chapter VIII of Income Tax Rules 2002
S.R.O. 1305(I)2018 dated October 30th, 2018 on the subject of Amendment in Chapter VIIIA of Income Tax Rules, 2002