TAXATIONNovember 23, 2020Sales tax zero rated Supplies in Pakistan By Admin Zero rating Supplies Section (4) of sales tax act 1990 – the following goods shall be charged to…Read more
UPDATESFebruary 24, 2021Exporters now need no sales tax zero rating: FBR By Admin Dr. Muhammad Ashfaq, Member, Inland Revenue (Operations), FBR, said that the newly upgraded…Read more
UPDATESJanuary 28, 2021FBR opposed to restore the zero rating system By Admin The Federal Board of Revenue (FBR) has opposed the proposal to restore the zero-rating system in the…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
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
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
UPDATESAugust 2, 2021FBR notifies Export Facilitation Scheme 2021 By Admin Federal Board of Revenue has notified Rules for new Export Facilitation Scheme 2021 which will be…Read more
UPDATESJanuary 7, 2021FBR established Export Oriented Sectors Registration Cell (ESRC) By Admin Federal Board of Revenue (FBR) issued an office order on Thursday for establishment of ‘export…Read more
TAXATIONNovember 6, 2020Sales tax refunds: Required documents & process By Admin Sales tax refunds: Required documents & process.Who can claim sales tax refunds…Read more
UPDATESOctober 5, 2020FBR upgrades FASTER to FASTER PLUS system for issuance of Refunds By Admin STARR systemFBR’s automation process of refund of Sales Tax started in 2002. Through…Read more