UPDATESNovember 17, 2021Lahore High Court serves contempt notice to FBR chairman over minimum Tax Formula By Admin The Lahore High Court (LHC) issued contempt notices to the Federal Board of Revenue (FBR) over its…Read more
TAXATIONJuly 27, 2021Updated Tax Exemptions and Tax Credits for the Financial Year 2021-2022 By Admin Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and…Read more
TAXATIONJuly 7, 2021FBR Explains Changes in Minimum Turnover Tax By Admin The minimum turnover tax of 0.75 percent would be applicable on the oil marketing companies, Sui…Read more
BUDGETJune 22, 2021FBR issues clarification on FMCG By Admin Federal Board of Revenue (FBR) has clarified that the table prescribing tax rates for minimum tax on…Read more
BUDGETJune 1, 2021The KTBA Proposed the FBR to separate the tax fraud investigation By Admin Karachi Tax Bar Association (KTBA) proposed to the Federal Board of Revenue (FBR) to separate tax…Read more