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UPDATES
FBR launched National Single Sales Tax Return Today

FBR launched National Single Sales Tax Return Today

Achieving yet another significant milestone towards digitization & data integration to facilitate taxpayers, promote ease of doing business, harmonizing Sales Tax & reduce compliance costs, FBR has launched its National Sales Tax Return (NSTR), at…

TAXATION
Launch of single sales tax return to end fake and flying invoices

Launch of single sales tax return to end fake and flying invoices

The launch of single sales tax return will help the authorities to prevent tax evasion and end the phenomenon of fake and flying invoices. The Federal Board of Revenue (FBR) said that the single sales…

UPDATES
FBR launching National Single Sales Tax Return Tomorrow

FBR launching National Single Sales Tax Return Tomorrow

Building further on its ongoing drive for digitization to facilitate the taxpayers, promote ease of doing business and reduce compliance costs, FBR achieved one more milestone by developing National Sales Tax Return. This important project…

UPDATES
Service providers to file single sales tax returns from January 2022

Service providers to file single sales tax returns from January 2022

The telecommunication companies, courier companies, and big services providers would file a single sales tax return from January 2022 instead of multiple sales tax returns with the provincial revenue authorities of Punjab, Sindh, KPK, Balochistan,…

BUDGET
Sales Tax Relief by Punjab Revenue Authority

Sales Tax Relief by Punjab Revenue Authority

Through the Finance Act, 2020, the Government of the Punjab reduced the rate of Punjab Sales Tax on Services from 16% to 5% on more than twenty services. Punjab Revenue Authority also reduced the rate…