Definition of Tier-1 Retailer under sales tax act 1990
All tier-1 retailers are required to integrate all their POSs with FBR’s computerized system.
Balochistan finance department introduces online tax collection system
The government of Balochistan has installed online tax collection system. This online tax system…
SBP launches digital cheques clearing and unified QR Code System
Governor State Bank of Pakistan, Dr. Reza Baqir, announced two new initiatives to facilitate the…
FBR decides to deny tax refund claims to retailers resisting integration with tax system
The Federal Board of Revenue (FBR) on Tuesday decided to hold 60% of the refund claims to those top…
FBR notifies Export Facilitation Scheme 2021
Federal Board of Revenue has notified Rules for new Export Facilitation Scheme 2021 which will be…
Omission and merger of withholding tax provisions in finance act 2021
Omission of withholding tax provisionsThere were 38 withholding tax provisions in the Income Tax…
How to Check Active Taxpayer Status of Income Tax with FBR ?
Active Taxpayer status (ATL status ) with FBR can be checked in any of the following three (3)…
FBR uploads Income Tax Return Forms for Tax Year 2021
Federal Board of Revenue (FBR) has uploaded the Income Tax Return Forms for Tax Year-2021. Separate…
Tax benefit extended to cars up to 1,000cc
Finance Minister Shaukat Tarin has said the government will now extend the tax relief earlier to…
List of Budget suggestions finalized by senate body
The Senate Standing Committee on Finance finalised its suggestions regarding Finance Bill, 2021-22…
