Definition of Tier-1 Retailer under sales tax act 1990
All tier-1 retailers are required to integrate all their POSs with FBR’s computerized system.
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…
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 decides to deny tax refund claims to retailers resisting integration with tax system
The Federal Board of Revenue (FBR) on Tuesday decided to hold 60% of the refund claims to those top…
Who is required to Get Register with Point of Sales Software of FBR ?
All tier-1 retailers are required to integrate all their POSs with FBR’s computerized…
FBR Explains Changes in Minimum Turnover Tax
The minimum turnover tax of 0.75 percent would be applicable on the oil marketing companies, Sui…
FBR's action against massive tax evasion
Federal Board of Revenue’s (FBR) Directorate of I&I-Inland Revenue (IR), Lahore’s in an…
Govt considering to reduce taxes on cars in upcoming budget
The government is considering slashing taxes on new imported and locally assembled cars of up to…
Directorate of Intelligence & Investigation (IR) unearths tax evasion in Lahore
The Directorate of Intelligence & Investigation (IR), Lahore received authentic information…
Government Increased taxes on computers, laptops and their accessories
The government has increased taxes on computers, laptops and their accessories at a time when people…
