FBR updates, income tax, budgets and markets for Pakistan
4 articles
The proposed Auto Industry Development and Export Policy (AIDEP) aims to increase the auto industry sector in Pakistan by increasing production of cars, motorcycles, tractors etc, Finance Minister Shaukat Tarin revealed. He…
Further instructions disappointed all stakeholders (tax consultants / practitioners, taxpayers, chambers etc.,) who have already requested to the FBR for extension of last date for Tax Year 2020. Last Friday, FBR has…
The government changed the taxes on petroleum products, petroleum levy on diesel reduced by Rs 2.43 per liter and petrol by Rs 1.32 per liter. The reduction in levy implemented from today.…
The FBR issued SRO 93(I)/2020 to amend Sales Tax Rules, 2006. The FBR issued the rules to implement to the law introduced through Finance Act, 2020 to determine the valuation of used…