FBR economic transaction limits explained under Finance Act 2025, targeting individuals who fail to declare income sources.The Federal Board of Revenue has issued detailed rules on FBR economic transaction limits for individuals who fail to declare their income sources or investments under the Finance Act 2025. Through an income tax circular (1 of 2025), the FBR has outlined the framework for implementing FBR economic transaction limits. Introduced via section 114C of […]
The Federal Board of Revenue has issued detailed rules on FBR economic transaction limits for individuals who fail to declare their income sources or investments under the Finance Act 2025.
Through an income tax circular (1 of 2025), the FBR has outlined the framework for implementing FBR economic transaction limits. Introduced via section 114C of the Finance Act 2025, this new provision defines who qualifies as an eligible or ineligible person based on declared financial resources in wealth statements or investment source documents.
