FBR introduced list of mandatory documents for claim of duty drawbacks
The Federal Board of Revenue (FBR) has introduced a mandatory requirement of six documents for the…
Cottage industry annual turnover limit proposed to change
Which persons required to get sales tax registration ?Registration Section 14 of Sales Tax Act…
FBR Develops Automated System in WeBOC to facilitate SME Businesses
Pakistan Customs (FBR) has developed an automated facility in WeBOC System to enable the small and…
Rupee strengthens against dollar
On Wednesday the Rupee currency gained a fresh Rs0.57 to Rs169.97 to a dollar in the inter-bank…
Govt considering withdrawal of sales tax exemptions
The government is considering over a presidential ordinance to withdraw sales tax exemptions…
List of Tier-1 Retailers identified by FBR to integrate with POS system to claim input tax
The Federal Board of Revenue (FBR) has issued a list of 1,136 big retailers (Tier-1) who are…
Tax Terms Glossary | Tax Terminology | Tax Legal Definitions
The online tax glossary is here to help you understand terms which may be unfamiliar, and to get tax…
Countries with the highest sales tax rate on retailers
An analysis is provided here of different countries with the highest sales tax rates on their retail…
FBR issued list of identified Tier1 nonintegrated retailers
The Federal Board of Revenue (FBR) has advised Tier-1 Retailers to integrate their systems with the…
Govt Considers to end 1% Bank Deduction on IT Export Remittance
The government is considering over stopping banks from deducting 1% or 2% percent tax on IT foreign…
