BUDGETAugust 10, 2021List of sales tax exemptions granted in budget 2021-2022 By Admin Under section 13 of The Sales Tax Act 1990, the Sixth Schedule of the Sales Tax Act, 1990…Read more
TAXATIONAugust 6, 2021FBR Suspends Sales Tax collection On Sugar from manufacturers By Admin The Federal Board of Revenue (FBR) has suspended the provision of sales tax collection on sugar from…Read more
WORLD TAXESAugust 5, 2021Countries with the highest sales tax rate on retailers By Admin An analysis is provided here of different countries with the highest sales tax rates on their retail…Read more
UPDATESMay 19, 2021Karachi Tax Bar Demands further date extension for sales tax payment & return filing By Admin Karachi Tax Bar Association (KTBA) on Tuesday demands from the Federal Board of Revenue (FBR) to…Read more
TAXATIONMay 10, 2021FBR Reduces Sales Tax Rate on Petroleum Products By Admin The Federal Board of Revenue (FBR) reduces sales tax rate from 17 percent to 15.44 percent on…Read more
TAXATIONMay 7, 2021FBR extends date for filing sales tax & Federal excise return for April 2021 By Admin Federal Board of Revenue (FBR) extended the date of payment and submission of Sales Tax and Federal…Read more
UPDATESApril 8, 2021FBR and Provincial Revenue Authorities sign MoU on Single Portal and Return for Sales Tax By Admin Federal Board of Revenue (FBR) and all other four Provincial Revenue Authorities have signed a…Read more
BLOGMarch 21, 2021Third Schedule Goods for Sales tax Rates Under Sales Tax Act, 1990 By Admin Following is items / goods ofThird Schedule to Sales Taxwhere consumer goods / items are…Read more
TAXATIONMarch 2, 2021Sales Tax Amendment: FBR to recover arrears through bank account attachment By Admin The Federal Board of Revenue (FBR) would recover sales tax arrears through attachment of bank…Read more
UPDATESFebruary 24, 2021Exporters now need no sales tax zero rating: FBR By Admin Dr. Muhammad Ashfaq, Member, Inland Revenue (Operations), FBR, said that the newly upgraded…Read more