UPDATESAugust 26, 2021FBR issues SRO to allow conditional input tax credit for supplies from AJK and GB By Admin The Federal Board of Revenue (FBR) will allow input tax credit against electronic data of supplies…Read more
September 6, 2023Salary Tax Calculator Tax Year 2024 By Admin Salary Tax Calculator Tax Year 2024Salary Tax Calculator Tax Year 2024. Tax Rates applicable on…Read more
BLOGJune 21, 2022Sales Tax Invoice Format Excel Free Download By Admin What is Sales Tax Invoice?Sales Tax invoice issues for taxable supply of goods & services.Read more
BusinessesMarch 11, 2022FBR Introduces Sales Tax Refund Mechanism for Pharmaceuticals Sector By Admin The Federal Board of Revenue (FBR) on Monday introduced mechanism for payment of sales tax refund to…Read more
UPDATESMarch 9, 2022FBR Amends Sales Tax Return Form to deny 60pc input tax to nonintegrated retailers By Admin The Federal Board of Revenue (FBR) has brought amendment in the monthly sales tax return form to…Read more
TAXATIONDecember 25, 2021Corporate Tax Office Lahore imposes penalty on 35 Tier-1 Retailers By Admin The Corporate Tax Office (CTO) Lahore has imposed penalty of reducing adjustable input tax by 60%…Read more
BusinessesOctober 6, 2021List of Tier-1 Retailers identified by FBR to integrate with POS system to claim input tax By Admin The Federal Board of Revenue (FBR) has issued a list of 1,136 big retailers (Tier-1) who are…Read more
BLOGSeptember 18, 2021Tax Terms Glossary | Tax Terminology | Tax Legal Definitions By Admin The online tax glossary is here to help you understand terms which may be unfamiliar, and to get tax…Read more
UPDATESSeptember 10, 2021FBR to deny 60 % Input Tax to Non-Integrated Tier-1 Retailers By Admin Federal Board of Revenue (FBR) in its drive to integrate Tier-1 Retailers across the country, has…Read more
TAXATIONAugust 13, 20212 Companies reportedly found Involved in Rs6 Billion Mega Tax Fraud By Admin Public Accounts Committee (PAC) has referred two mega tax fraud cases involving over Rs. 6 billion…Read more