State Bank of Pakistan maintained the Monetary Policy rate for the next two months
The State Bank of Pakistan (SBP) Monetary Policy Committee on Friday maintained the policy rate at…
FBR extends scope of sales tax on IT Services and IT Enabled Services
The Federal Board of Revenue (FBR) has extended scope “IT Services” and “IT…
Government increases the rate of return of National Savings Certificates
Government increases the rate of return of National Savings CertificatesMinistry of Finance…
Non-textile sector DLTL refunds approved
To facilitate exporters, the Ministry of Commerce has approved Rs. 213 million under the ‘Draw…
Corporate tax exemptions
Following tax exemptions are available to corporate taxpayers:Profits arrived from the business…
FBR called for income tax proposals for 2021/2022 budget
The Federal Board of Revenue (FBR) called for income tax proposals for the 2021/2022 budget and…
FBR has been asked to be fully digitized by July 2021: PM Says
Prime Minister Imran Khan said that the Federal Board of Revenue (FBR) has been asked to be fully…
Telecom sector tax share increases 129% in FY20: PTA
The increase in the use of telecom services during the Corona virus lockdown has resulted in a 129…
Penalties will not be imposed on late filers of income tax returns: FBR
The Federal Board of Revenue (FBR) has decided to not penalize late filers across the board for…
FBR allowed to registered persons to file non-export refund claims
The Federal Board of Revenue (FBR) has allowed registered persons to file non-export refund claims…
