Over 35 bank accounts of Jahangir Tareen and his family frozen

Over 35 bank accounts of Jahangir Tareen and his family frozen

According to media reports, more than 35 bank accounts of Jahangir Khan Tareen and two members of his family have been frozen over involvement in the sugar scandal. Freeze Bank accounts include total of 36…

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Third Schedule Goods for Sales tax Rates Under Sales Tax Act, 1990

Third Schedule Goods for Sales tax Rates Under Sales Tax Act, 1990

Following is items / goods of Third Schedule to Sales Tax where consumer goods / items are mentioned for collection of sales tax: (Under Clause (a) of sub-section (2) of section 3), 1 Fruit juices and vegetable…

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Sales tax rates | Third Schedule goods | Eighth Schedule goods | Retail price | Reduced rate of sales tax

Sales tax rates | Third Schedule goods | Eighth Schedule goods | Retail price | Reduced rate of sales tax

Sales tax rates | Third Schedule goods | Eighth Schedule goods | Retail price | Reduced rate of sales tax. Scope of tax Under Section – 3(1) Scope of tax Under Section – 3(1) Subject…

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Taxation of gifts in Pakistan

Taxation of gifts in Pakistan

When Gifts Treated as Income ? The FBR will consider provision of gift from closed blood relations. If received through cross cheque or banking channel. Otherwise it will add in income chargeable to tax. The FBR has…

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