FBR POS Lucky DrawJanuary 15, 2022List of Prize winners of point of sales prize Scheme of FBR draw held on 15th January 2022 By Admin The Federal Board of Revenue has announced a very interesting FBR POS Prize Scheme in which you can…Read more
TAXATIONJanuary 15, 2022Legal and Operational Issues with National Single Sales Tax Return By Admin Federal and provincial taxpayers are facing problems in filing the Federal Board of Revenue…Read more
BusinessesDecember 29, 2021FBR monitoring teams will assess sales of resisting Tier-1 retailers By Admin Instructions issues by Chief Commissioner Regional Tax Office (RTO) Lahore Nasir Iqbal Khan for…Read more
TAXATIONDecember 25, 2021Corporate Tax Office Lahore imposes penalty on 35 Tier-1 Retailers By Admin The Corporate Tax Office (CTO) Lahore has imposed penalty of reducing adjustable input tax by 60%…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
TAXATIONNovember 25, 2021FBR authorized to appoint special panels for tax audit By Admin Under Section 32A of Sales Tax Act, 1990 FBR is authorized to appoint special panels for conducting…Read more
TAXATIONNovember 20, 2021Customs Court frames charge against suspect in bogus sales tax refund case By Admin The Customs Court framed charged against Muhammad Jawaid of M/s Friends Enterprises and summons to…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
BUDGETOctober 15, 2021Govt considering withdrawal of sales tax exemptions By Admin The government is considering over a presidential ordinance to withdraw sales tax exemptions…Read more
TAXATIONOctober 12, 2021FBR issues directive to freeze taxpayers' bank accounts without notice By Admin The Federal Board of Revenue (FBR) has issued office directive to allow the field formations to…Read more