All set to introduce Finance Bill and State Bank autonomy bill in Parliament tomorrow
The government is all set to introduce the amended Finance bill, and State Bank of Pakistan (SBP)…
FBR decided to impose effective section 40B of the Sales Tax Act 1990 to curb tax evasion
The Federal Board of Revenue (FBR) has decided to outline guide techniques for Inland Revenue…
Which 10 items contribute in most import taxes in Pakistan and how much?
The top 10 items which contribute most of import taxes in Pakistan – eight of them related to…
FTO Orders Pak Suzuki Motors to Refund Excess GST Collected From Buyers
The Federal Tax Ombudsman (FTO) has ordered Pak Suzuki to refund the excess general sales tax (GST)…
Pakistan Single Window First phase to be completed in March 2022
The rollout of first phase of Pakistan Single Window (PSW) is underway and it will be completed in…
FBR’s Track & Trace System on Sugar Sector Inaugurated
In a historic development and a special ceremony organized at Prime Minister’s Office here on…
FTO issued order against Commissioner for blocking income tax refunds
The Federal Tax Ombudsman (FTO) has issued a landmark order against an Inland Revenue Commissioner…
Shaukat Tarin assures wealth reconciliation Statement waiver for first time home buyers
Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has assured land developers that…
Rate of Sales Tax on Petrol Reduced
The Federal Board of Revenue (FBR) has reduced the sales tax rate on Petrol from 6.84 percent to…
FBR imposed penalties on real estate agents for not implementing Anti-money laundering regime
The Federal Board of Revenue (FBR) has intensified offsite and onsite inspections against Designated…
