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Legal and Operational Issues with National Single Sales Tax Return

Legal and Operational Issues with National Single Sales Tax Return

Federal and provincial taxpayers are facing problems in filing the Federal Board of Revenue (FBR)’s National Sales Tax Return (STR), which was formally launched by Finance Minister Shaukat Tarin on January 7, 2022. Earlier, the…

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FBR’s Revised Valuation Rates of Immovable Properties suspended again

FBR’s Revised Valuation Rates of Immovable Properties suspended again

The Federal Board of Revenue (FBR) on Tuesday suspended again the new revised property valuation rates notified through SROs No 1534(1)/2021 to 1572(1)/2021 dated December 1, 2021 up to January 31, 2022. The new valuation…

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NA passes mini-budget as govt withdraw several proposed taxes

NA passes mini-budget as govt withdraw several proposed taxes

NA approves State Bank of Pakistan (Amendment) Bill 2021 and supplementary finance bill with some amendments proposed by govt, PTI allies. In the amended bill, govt rolls back its plan to impose additional sales taxes…

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FBR helpline number and email address

Scheduled maintenance of FBR Helpline

Press Release issued by FBR and informed that FBR helpline is currently under maintenance and will not be fully available. FBR also informed that taxpayers can use FBR email address for their queries. Press Release of FBR Due to scheduled maintenance, our Helpline number (051-111-772-772) is currently operating at 10% capacity. You are kindly requested...

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Vivo X70 Pro and PTA Tax calculator and price in Pakistan

Vivo X70 Pro PTA and Import TAX and Price in Pakistan | PTA Tax Calculator

Vivo X70 Pro is a device launched in Pakistan. The official price of this phone is 139999 Rupees. The Vivo X70 Pro price in Pakistan is more then $130/- which includes 20% custom duty tax levied by PTA as part the new system of registering your devices in order to be able to operate them...

UPDATES
FBR's Revised valuation rates of immovable properties again suspended

FBR’s Revised Valuation Rates of Immovable Properties suspended again

The Federal Board of Revenue (FBR) on Tuesday suspended again the new revised property valuation rates notified through SROs No 1534(1)/2021 to 1572(1)/2021 dated December 1, 2021 up to January 31, 2022. The new valuation tables of the immovable properties would be re-notified on February 1, 2022. In this connection, the FBR has issued an...

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