FBR Directs SWAPS Agents to Integrate Fiscal Electronic Devices

The Federal Board of Revenue (FBR) has issued directives to SWAPS Agents (withholding tax agents) to install and integrate fiscal electronic devices and software for conducting transactions subject to withholding tax.  The FBR introduced draft SWAPS rules through S.R.O. 1846(I)/2023 on Friday, outlining the obligations and requirements for the notified SWAPS agents. According to the … Read more