Latest updates for Fbr New Law
Fresh curated links around FBR new law are collected here so marketers can spot useful updates and turn timely ideas into posts faster.
Recent items include:
- FTO recommends FBR protocol to harmonise implementation of tax recommendations
- New Tax Rule: Banks Must Report Transactions of Rs100 Million or More to FBR
- FBR Launches Crackdown on Non-Filers Showing Luxury Lifestyles on Social Media from July 1
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New Tax Rule: Banks Must Report Transactions of Rs100 Million or More to FBR
The federal government has introduced a major tax compliance measure under the Finance Act 2026, requiring banks and financial institutions to report high-value banking transaction...
FBR Launches Crackdown on Non-Filers Showing Luxury Lifestyles on Social Media from July 1
The Federal Board of Revenue (FBR) has finalized plans for a nationwide crackdown on non-filers who display lavish lifestyles on social media while remaining outside Pakistan’s tax...
FG agency proposes amendment to law regulating public interest entities to reduce regulatory burden
The agency said the current provisions of the law grant the Financial Reporting Council excessive regulatory authority over virtually every registered company in the country. The p...
FBR Offices to Remain Open on Weekend for Year-End Tax Collection – Full Details
As the fiscal year draws to a close, the Federal Board of Revenue (FBR) has announced that its offices across Pakistan will remain open even on holidays to ensure smooth collection...
Arizona HB 4168: Title 43 Income Tax Overhaul Aligned with the One Big Beautiful Bill Act (OBBBA)
HB 4168, June 13, 2026 (Signed by Governor Hobbs) On June 13, 2026, Governor Hobbs signed HB 4168 into law, enacting a comprehensive update to Arizona’s individual and corpora...
FTO directs FBR to decide female taxpayer's pending refund case within 30 days
PTA Mobile Tax Installment Plan Proposed in Pakistan as NA Committee Directs FBR Review
The National Assembly Standing Committee on Finance and Revenue has directed the Federal Board of Revenue (FBR) to explore the possibility of allowing installment payments for PTA...
Florida’s Major Changes to Civil Rights Claim Filing Rules
On May 22, 2026, Governor Ron DeSantis signed House Bill (HB) 1407, which revises the procedural framework governing the commencement of civil actions and administrative remedies u...
Treasury Previews Regulatory Framework for New Section 25F Education Freedom Tax Credit
“Treasury Previews Education Freedom Tax Credit Guidance,” US Department of Treasury Release, June 10, 2026 In a significant move toward implementing the educational provision...
The Taxpayer Due Process Enhancement Act (H.R. 6506): A Crucial Legislative Response to Commissioner v. Zuch
HR 6506, Passed by the US House of Representatives, May 19, 2026 On May 19, 2026, the House of Representatives passed H.R. 6506, the Taxpayer Due Process Enhancement Act. For...
FG Releases Transition Rules for New Tax Regime
The Federal Government has issued fresh guidelines to manage Nigeria’s shift to a new tax regime, aiming to reduce uncertainty for taxpayers, revenue authorities and other stakehol...
Final regs. modify reporting obligations for Form 8308, Part IV
The final regulations published Tuesday by the IRS stick with the proposed regulations that modify information-reporting obligations for Part IV of Form 8308, Report of a Sale or E...
What Employers Need to Know About the Proposed Faster Labor Contracts Act
On June 9, 2026, the U.S. House of Representatives passed the Faster Labor Contracts Act, H.R. 5408. The bill now moves to the Senate. If enacted and signed into law, it could si...
DoD Proposes Implementing Rule for FOCI Review Expansion for Unclassified Contracts
Go-To Guide The U.S. Department of Defense/War (DoD)’s proposed rule on Mitigating Risks Related to Foreign Ownership, Control, or Influence would implement disclosure and bene...
IRS Tightens FBAR Penalties for 2026 - Clear Start Tax Warns Holders of Foreign Accounts to Review Filing Obligations
U.S. taxpayers with foreign bank or financial accounts totaling more than $10,000 at any point during the year are required to file the FBAR - and the penalty schedule for failures...
IRS Notice 2026-40: Comprehensive Analysis of Post-OBBBA Transitional Guidance on Qualified Opportunity Zones
Notice 2026-40, Internal Revenue Service (June 2026). For practitioners advising clients on Qualified Opportunity Zone (QOZ) investments under the Internal Revenue Code (the C...
FG issues guidelines for new tax laws
The Federal Government has released transition guidelines for the Tax Acts 2025, clarifying how taxpayers and authorities will manage obligations under the Read More: https://punc...
California’s SB 53: Understanding the Obligations in Effect Now and Into 2027
Sweeping Amendments Impose New Obligations on Employers Conducting Criminal Background Checks in Washington Starting 1 J...
Washington state has significantly expanded its Fair Chance Act through legislation enacted during the 2025 legislative session (EHB 1747), which is now codified at RCW 49.94 (Amen...
اوورسیز پاکستانیوں کیلیے خوشخبری : نئے قانون کا نفاذ
اوورسیز پاکستانیوں کی جائیدادوں کے تحفظ کے لیے نیا قانون نافذ کردیا گیا ہے جس کے تحت خصوصی عدالتیں قائم کی جائیں گی۔ بیورو آف امیگریشن اینڈ اوورسیز ایمپلائمنٹ کے مطابق پروٹیکشن آف...
ATF Moves to Cut Fingerprint, Photo Requirements for NFA Gun Owners
ATF’s proposed rule would reduce NFA paperwork burdens by cutting duplicate fingerprint cards, allowing photo ID in place of passport-style photos, and ending automatic fingerprint...
National Federation of Independent Business: NFIB releases new ads in Wisconsin urging Rep. Bryan Steil to permanently r...
MADISON, Wis. (June 29, 2026) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released new paid radio and digit...
ایف بی آر کے ان لینڈ ریونیو افسران کے چھوٹی دکانوں میں داخلے پر پابندی عائد، نوٹیفکیشن جاری
فیڈرل بورڈ آف ریونیو کے ان لینڈ ریونیو افسران کے چھوٹی دکانوں میں داخلے پر پابندی عائد کردی گئی ہے۔ اس حوالے ریونیو ڈویژن کی جانب...
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