Corporate Tax Office Lahore imposes penalty on 35 Tier-1 Retailers
The Corporate Tax Office (CTO) Lahore has imposed penalty of reducing adjustable input tax by 60%…
Tax Incentives granted under tax laws third amendment ordinance 2021
Within third month of passage of Finance Act, 2021, the Government felt the need of introducing…
List of sales tax exemptions granted in budget 2021-2022
Under section 13 of The Sales Tax Act 1990, the Sixth Schedule of the Sales Tax Act, 1990…
FBR Issues clarification on withholding tax on medicine traders
FBR Issues Clarification“Federal Board of Revenue (FBR) has issued a clarification on a…
Highlights, New Taxes, Relief and Incentive Measures in Budget 2021-2022
The government presented the next fiscal year’s (2021-2022) budget with a total volume of over Rs.
Govt Preparing to Increase Consumption of Electric Vehicles by Reducing Taxes and Prices
Relevant institutions have taken practical steps to increase the use of electric vehicles in…
Clearance in Sky: Pakistan Customs introduced a pre-arrival clearance facility
Pakistan has introduced a system for pre-arrival clearance of imported goods coming through the air…
FBR's datewise activities in year 2020
FBR ISSUES CLARIFICATION (Federal Board of Revenue has issued a clarification regarding extension…
Sales tax rates | Third Schedule goods | Eighth Schedule goods | Retail price | Reduced rate of sales tax
Sales tax rates | Third Schedule goods | Eighth Schedule goods | Retail price | Reduced rate of…
Changes in rates of withholding tax on sales to retailers, wholesalers, distributors
Federal Board of Revenue (FBR) issued changes in withholding tax rates on sales made. Sales made by…
