UPDATESNovember 16, 2021FBR decides to Audit Over 50,000 Income Tax Cases of 2019 By Admin The Federal Board of Revenue (FBR) has decided to select over 50,000 income tax cases of the tax…Read more
TAXATIONNovember 15, 2021Government decided to harmonise all tax laws by merging them into one law book By Admin The federal government has decided to harmonise all four tax laws by merging them into one law book…Read more
Petrol Price in PakistanNovember 15, 2021Rate of Sales Tax on Petrol Reduced By Admin The Federal Board of Revenue (FBR) has reduced the sales tax rate on Petrol from 6.84 percent to…Read more
UPDATESNovember 15, 2021FBR nearly finalized procedure for third party audit of taxpayers By Admin Taxpayers, including the corporate sector, may directly receive audit notices from third-party…Read more
UPDATESNovember 10, 2021Big retailers integrated with point of sales system of FBR By Admin A total of 1,572 big retailers have been integrated with the point of sales (POS) system of the…Read more
TAXATIONNovember 9, 2021No representation without taxation By Admin No voting right without payment of taxesAdviser to the Prime Minister over Finance Shaukat Tarin…Read more
BusinessesNovember 9, 2021FBR imposed penalties on real estate agents for not implementing Anti-money laundering regime By Admin The Federal Board of Revenue (FBR) has intensified offsite and onsite inspections against Designated…Read more
UPDATESNovember 8, 2021FBR formed a committee to investigate alleged valuation fraud By Admin The Federal Board of Revenue (FBR) has constituted a fact finding committee to probe the alleged…Read more
UPDATESNovember 6, 2021FBR issues list of Tier-1 non-integrated retailers By Admin Federal Board of Revenue (FBR) on Friday issued a list of 608 Tier-1 retailers, who are not…Read more
TAXATIONNovember 3, 2021Sales Tax on Toll Manufacturing Who will collect? FBR or SRB? By Admin Sindh Revenue Board (SRB) has categorically conveyed to the Federal Board of Revenue (FBR) that it…Read more