FBR upgrades FASTER to FASTER PLUS system for issuance of Refunds
STARR systemFBR’s automation process of refund of Sales Tax started in 2002. Through…
Taxation of gifts in Pakistan
When Gifts Treated as Income ?The FBR will consider provision of gift from closed blood…
Persons required to get sales tax registration with FBR
According to section 14 of the Sales Tax Act, 1990, every person who is involved in supplying of…
FBR issued valuation for sale of used cars for purpose of collecting sales tax.
Federal Board of Revenue (FBR) issued valuation for sale of used cars for purpose of collecting…
FBR Extended Last Date For Filling Of Income Tax Returns Of Tax Year 2020
Federal Board of Revenue (FBR) extended last date for submission of annual income tax returns up to…
Increase of tax on profit on debt for the persons other than companies
Previously, upto tax year 2019, the persons (mentioned in clauses a to d of sub section (1) of…
Banks agreed to provide data to FBR regarding withdrawals, deposits, credit card payments and loan
The Federal Board of Revenue (FBR) and the Pakistan Banks Association (PBA) have finally reached an…
Ministry of commerce announced the import policy of new and used cars under Import Policy Order, 2020
Ministry of commerce announced the import policy of new and used cars under Import Policy Order…
FBR sought suggestions from stakeholders on the TOR
Mr Abid Shaban the Chairman of Technical Committee of Federal Board of Revenue (FBR), aimed to…
Tax returns from Karachi city low-income areas surprisingly on top
Karachi’s wholesale and retail markets, which meet the needs of low-income and…
