TAXATIONAugust 12, 2021Deadline and penalty for Tier-1 retailers and other tax provisions relating there to By Admin FBR directs Tier-1 Retailers to integrate with revenue authority till August 15.The Federal…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
BLOGJuly 19, 2021Value of Diyat in Pakistan for Financial Year 2021-2022 By Admin The federal government declared an amount of Rs. 4.261 million as compensation (diyat) for the…Read more
UPDATESJuly 7, 2021FBR Issues Circular for Tax Recovery Procedures From Cooperative Housing Societies By Admin Federal Board of Revenue (FBR) issued Circular No. 3 of 2022 Dated: July 5th, 2021 regarding…Read more
TAXATIONJuly 7, 2021FBR Explains Changes in Minimum Turnover Tax By Admin The minimum turnover tax of 0.75 percent would be applicable on the oil marketing companies, Sui…Read more
BUDGETJune 30, 2021National Assembly Approved Finance Bill 2021-2022 By Admin The National Assembly of Pakistan on Tuesday approved the Finance Bill 2021-2022 with majority of…Read more
BUDGETJune 25, 2021Tax benefit extended to cars up to 1,000cc By Admin Finance Minister Shaukat Tarin has said the government will now extend the tax relief earlier to…Read more
BUDGETJune 13, 2021Auto Sector wins Tax Relief in Budget 2021-2022 By Admin The financial year 2021-2022 budget represented by the government on Friday, where several upcoming…Read more
BUDGETJune 11, 2021Highlights, New Taxes, Relief and Incentive Measures in Budget 2021-2022 By Admin The government presented the next fiscal year’s (2021-2022) budget with a total volume of over Rs.Read more
BUDGETJune 1, 2021The KTBA Proposed the FBR to separate the tax fraud investigation By Admin Karachi Tax Bar Association (KTBA) proposed to the Federal Board of Revenue (FBR) to separate tax…Read more