FBR directed to issue income tax exemption certificates against gratuity and provident funds
On Saturday, officials said the Federal Board of Revenue (FBR) had directed for issuance of Income…
FBR issued no of tax returns submitted up to year end 2020
According to a statement issued by Federal Board of Revenue (FBR) they have received 2.3 million…
Tax measures & reliefs in response to COVID-19 in 2020 by Pakistan
Government in Pakistan have introduced tax measures to reduce the impact of the COVID-19 pandemic in…
Top tax issues of Pakistan in 2020
Tax Potential and its Compliances in PakistanPakistan has a potential of a big economy. About…
Field formations directed to pay all income tax refunds submitted by January 31, 2021: FBR
The FBR has directed the field formations to immediately pay all income tax refunds. Filed under…
40 percent of registered taxpayers do not file sales tax forms
Forty percent (40%) of the taxpayers registered with the Sales Tax Directorate do not submit their…
Further extension in time for filing income tax return
Extension of time for furnishing income tax returns and other documents. After first extension of 15…
Tax amnesty scheme for builders and developers ending at December 31 2020
Tax amnesty scheme already announced for builders and developers for construction of housing…
Exemption from sales tax on medical and testing equipment regarding covid-19
S.R.0.1257(I)/2020 -In exercise of the powers conferred by clause (a) of sub-section (2) of section…
Withholding tax on Pakistan-made mobile phones abolished
Withholding tax on Pakistan-made mobile phones abolished.The Cabinet’s Economic…
