UPDATESDecember 24, 2021FBR decides to revise the prescribed Form for taxpayers for filing of references to the High Courts By Admin The Federal Board of Revenue (FBR) has decided to revise the prescribed “Form” for the taxpayers…Read more
TAXATIONDecember 9, 2021FBR's Progress under Anti Money Laundering (AML) Act in last 4 years By Admin The Federal Board of Revenue (FBR) registered 215 First Information Reports (FIRs) against 267…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
UPDATESDecember 8, 2021FBR suspends implementation of new property valuations rates till January 16 By Admin Federal Board of Revenue (FBR) suspends implementation of new property valuations rates till January…Read more
TAXATIONDecember 6, 2021Senate recommends FBR to cancel recently revised property valuation rates By Admin The Senate Standing Committee on Finance, Revenue, and Economic Affairs has recommended the Federal…Read more
UPDATESDecember 6, 2021FBR lifts valuation rates of immovable properties in one go up to 600 per cent By Admin The Federal Board of Revenue (FBR) has increased the valuation rates of immovable properties in the…Read more
MARKETSDecember 5, 2021Which 10 items contribute in most import taxes in Pakistan and how much? By Admin The top 10 items which contribute most of import taxes in Pakistan – eight of them related to…Read more
UPDATESDecember 4, 2021FBR's new deadline for big retailers to integrate with POS system to avoid disallowance of input tax By Admin The Federal Board of Revenue (FBR) has directed 482 identified Tier-I Retailers (big retailers) to…Read more
TAXATIONDecember 3, 2021FTO Orders Pak Suzuki Motors to Refund Excess GST Collected From Buyers By Admin The Federal Tax Ombudsman (FTO) has ordered Pak Suzuki to refund the excess general sales tax (GST)…Read more
TAXATIONDecember 2, 2021FBR Revised Rates of residential and commercial Immovable Properties By Admin To fix fair market value of immovable properties, the Federal Board of Revenue (FBR), on Wednesday…Read more