FBR notified information regarding last date of income tax return for tax year 2020
Federal Board of Revenue (FBR) has notified today that for application of the last date of income…
FBR announced to give 90pc tax exemption on low-cost housing projects
The FBR and the New Pakistan Housing Development Authority have once again assured the public and…
Taxes on petroleum products changed
Tax on petroleum products changed, levy on petrol reduced by Rs 1.32 per liter.Petroleum…
Karachi Tax Bar Association (KTBA) rejected using mobile phone SMS as a legal way to serve tax notices
On Tuesday, the Karachi Tax Bar Association (KTBA) rejected using mobile phone SMS as a legal way to…
Karachi Tax Bar identified errors in Tax Year 2020 return
Karachi Tax Bar Association (KTBA) identified calculation errors in the online return Federal Board…
Cottage industry not required to get sales tax registration
Which persons required to get sales tax registration ?Registration Section 14Registration…
Sales tax rates | Third Schedule goods | Eighth Schedule goods | Retail price | Reduced rate of sales tax
Sales tax rates | Third Schedule goods | Eighth Schedule goods | Retail price | Reduced rate of…
Income Tax Rules amended: Issuance of tax notices via Phone SMS
Phone SMS included as mode of service for tax notices.The FBR issued SRO 1250(I)/2020 on Monday…
Penalty for non-filing income tax returns, wealth statement, foreign assets/income statement & active status
Penalty for non-filing income tax returns, wealth statement, foreign assets/income statement &…
Top tax havens around the world
The top tax havens are island countries such as the British Virgin Islands, Samoa and Malta. Tax…
