- Extended Compliance Deadlines: The Federal Board of Revenue (FBR) of Pakistan has granted a one-month extension for corporate and non-corporate taxpayers to integrate with the e-invoicing platform, moving deadlines to June 1, 2025, and July 1, 2025, respectively, to help businesses better prepare for compliance.
- Integration Requirements: To comply, businesses must transmit invoices through approved channels, either via licensed integrators or through Pakistan Revenue Automation Limited (PRAL), requiring adjustments to invoicing systems and staff training on new processes.
- Strategic Importance: This extension supports the broader goal of enhancing tax compliance and fiscal transparency in Pakistan, allowing businesses, especially small to mid-sized entities, to align their systems with the FBR’s digital infrastructure while facilitating a smoother transition to automated tax reporting.
Source RTCsuite
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- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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