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UPDATES
Car Prices after Mini Budget

Car Prices after Mini Budget

The Government has announced massive increase in the taxes on cars with the approval of the Mini-Budget (State Bank of Pakistan (Amendment) Bill 2021 and Supplementary Finance Bill 2021 ). The Government has introduced several…

BLOG
Samsung Galaxy A51 PTA and Import TAX and Price in Pakistan | PTA Tax Calculator

Samsung Galaxy A51 PTA and Import TAX and Price in Pakistan | PTA Tax Calculator

Samsung Galaxy A51 is a device launched in Pakistan. The official price of this phone is 49999 Rupees. The Samsung Galaxy A51 price in the country is more then $130/- which includes 20% custom duty…

Businesses
New definition of ‘exported goods’ as per SRO issued by FBR

New definition of ‘exported goods’ as per SRO issued by FBR

The Federal Board of Revenue (FBR) has changed the definition of the exported goods for claiming duty drawback covering supplies against international tenders or supply to industrial units, projects, institutions, agencies, and organisations. The FBR…

BLOG
Apple IPhone SE 2020 PTA, Import Tax and price in Pakistan

Apple IPhone SE 2020 PTA, Import Tax and price in Pakistan

Apple IPhone SE 2020 is a device launched in Pakistan. The official price of this phone is 92499 Rupees. The Apple IPhone SE 2020 price in the country is more then $130/- which includes 20%…

BLOG
Apple IPhone XR PTA and Import TAX in Pakistan and Non PTA Price in Pakistan

Apple IPhone XR PTA and Import TAX in Pakistan and Non PTA Price in Pakistan

Apple IPhone XR is a device launched in Pakistan. The official price of this phone is 151799 Rupees. The Apple IPhone XR price in Pakistan is more then $130/- which includes 20% custom duty tax…

UPDATES
FTO orders to probe tax officials involved in sales tax refund scam

FTO orders to probe tax officials involved in sales tax refund scam

The Federal Tax Ombudsman (FTO), in pursuance of Own Motion (OM) investigation powers conferred to him under Section 9(1) of the Federal Tax Ombudsman Ordinance, 2000 (FTO Ordinance), has ordered to probe irregularities committed by…

UPDATES
FBR decided to impose effective section 40B of the Sales Tax Act 1990 to curb tax evasion

FBR decided to impose effective section 40B of the Sales Tax Act 1990 to curb tax evasion

The Federal Board of Revenue (FBR) has decided to outline guide techniques for Inland Revenue Officers for effective monitoring of sales and clearances of goods at the big retail outlets and manufacturing places of different…

MARKETS
Which 10 items contribute in most import taxes in Pakistan and how much?

Which 10 items contribute in most import taxes in Pakistan and how much?

The top 10 items which contribute most of import taxes in Pakistan – eight of them related to energy and edible oil – contributed one-third of import taxes, or Rs409 billion, in the first five…

TAXATION
Customs Court frames charge against suspect in bogus sales tax refund case

Customs Court frames charge against suspect in bogus sales tax refund case

The Customs Court framed charged against Muhammad Jawaid of M/s Friends Enterprises and summons to prosecution witnesses for recording their statements for next date of hearing, in first information report (FIR) for fake/ bogus input…

TAXATION
No representation without taxation

No representation without taxation

No voting right without payment of taxes Adviser to the Prime Minister over Finance Shaukat Tarin on Monday emphasized at linking right to representation and vote to payment of taxes, saying that the Government has…

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