FBR updates, income tax, budgets and markets for Pakistan
The Federal Board of Revenue (FBR) will publish the Active Taxpayers’ List (ATL) for the Tax Year 2021 on 1 March 2022 in accordance with the provisions of Rule 81B of the…
Even after the FBR had already extended the date to file the sales tax returns for the month of January till February 25, 2022. Exporters were still unable to file the returns…
The State Bank of Pakistan (SBP) issued a circular dated February 25, 2022 to ease the conditions for house financing. It said that in order to further facilitate buyers of housing units…
According to the Federal Board of Revenue (FBR), total 114,405 Sales Tax Returns for January 2022 were filed to date through National Sales Tax Return (NSTR) compared to 161,379 in December 2021.…
According to official statement, the tax authority has attached various bank accounts of Sui Southern Gas Company Limited (SSGC) for the non-payment of General Sales Taxes (GST) which was paid by its…
Presentation was given by the leading hospitals to the Federal Board of Revenue (FBR) Chairman disclosed that the omission of entry number 52-A from the Sixth Schedule of the Sales Tax Act,…
PTA Mobile Tax vivo y33s : Now a days mobile phone devices are need of every person. But unfortunately, mobile devices are also subjected to taxes and government tariffs. Recently, in the…
Chairman of the Pakistan Pharmaceuticals Manufacturing Association (PPMA) explained the problems facing by the Pharmaceutical manufacturers, importantly the issues relating to refund of sales tax. These issues result in unnecessary wastage of…
If you want to check National Tax Number (NTN) by using CNIC Number then follow the below method: Provide your “Registration No” in the registration field. (Number Provided by FBR while taxpayer's…
With the latest increase, the prices of petroleum products have reached at historic top level. New prices of petroleum products will be applicable from Tuesday midnight. The new fuel prices will remain…
The Federal Board of Revenue has announced a very interesting FBR POS Prize Scheme in which you can win 10,00,000 Rupees every month. FBR Announces prizes for purchasing any item from the…
The Raast payment system was developed by State Bank of Pakistan. It enables real-time transfer of money without any transaction fees. You have to do is register your mobile number with your…
In a written reply to a question moved by Pakistan Muslim League-Nawaz (PML-N) Senator Irfan Siddiqui that Governor State Bank of Pakistan Dr. Baqir’s monthly salary is Rs. 2.5 million, with an…
The booking prices of the Honda cars (BR-V, the Civic, and the City) have now been reduced effective at all it's Honda dealerships. The biggest change in booking price is decrease in…
In this regard a Memorandum of Understanding (MoU) was signed between the FBR and Pakistan Tax Bar on February 07, 2022 at FBR HQ Islamabad. The FBR said that in a historic…
Calling it “malicious in intent and suspicious in content,” the tax machinery declared that “the information contained in the instant news story is laughably unfounded, misleading, and far from facts.” The regulator…
The Federal Board of Revenue (FBR), here on Wednesday, decided to implement it's sales tax refund system named “FASTER-Pharma” for the pharmaceutical sector. It will process the sales tax refunds within 48…
Draw No. 20 of Rs. 40000 Premium Prize Bond will be held at Quetta on 10 March 2022. Draw includes 1 prize of Rs. 80,000,000/-, 3 prizes of Rs. 30,000,000/- each and…