TAXATIONAugust 6, 2021FBR Suspends Sales Tax collection On Sugar from manufacturers By Admin The Federal Board of Revenue (FBR) has suspended the provision of sales tax collection on sugar from…Read more
UPDATESJanuary 1, 2022Tax Experts termed Tarin's claim on mini budget as 'Joke of the Year' By Admin Shaukat Tarin’s Logic on Mini BudgetFederal Minister for Finance and Revenue,Shaukat…Read more
UPDATESDecember 9, 2021FBR decided to impose effective section 40B of the Sales Tax Act 1990 to curb tax evasion By Admin The Federal Board of Revenue (FBR) has decided to outline guide techniques for Inland Revenue…Read more
BUDGETAugust 10, 2021List of sales tax exemptions granted in budget 2021-2022 By Admin Under section 13 of The Sales Tax Act 1990, the Sixth Schedule of the Sales Tax Act, 1990…Read more
BUDGETAugust 4, 2021FBR Issues clarification on withholding tax on medicine traders By Admin FBR Issues Clarification“Federal Board of Revenue (FBR) has issued a clarification on a…Read more
TAXATIONJuly 27, 2021Updated Tax Exemptions and Tax Credits for the Financial Year 2021-2022 By Admin Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and…Read more
TAXATIONJuly 17, 2021Who is required to Get Register with Point of Sales Software of FBR ? By Admin All tier-1 retailers are required to integrate all their POSs with FBR’s computerized…Read more
BUDGETJune 23, 2021Tax Experts disclosed FBR’s three budgetary proposals impracticable By Admin Tax experts have termed Federal Board of Revenue’s (FBR) three budgetary proposals are not…Read more
BUDGETJune 11, 2021Highlights, New Taxes, Relief and Incentive Measures in Budget 2021-2022 By Admin The government presented the next fiscal year’s (2021-2022) budget with a total volume of over Rs.Read more
TAXATIONAugust 22, 2020Changes in rates of withholding tax on sales to retailers, wholesalers, distributors By Admin Federal Board of Revenue (FBR) issued changes in withholding tax rates on sales made. Sales made by…Read more