TAXATIONAugust 22, 2021FBR issues clarification on use of pirated software By Admin After conducting a preliminary internal investigation on the recent FBR cyber-attack, it has been…Read more
BLOGAugust 22, 2021NADRA introduces new verification system to stop fake CNICs By Admin The National Database and Registration Authority (Nadra) has launched a ‘Qaumi Tasdeeq-o-Tajdeed…Read more
BusinessesAugust 21, 2021FBR amends Section 122 of IT Ordinance regarding time limit for proceedings By Admin The Federal Board of Revenue (FBR) will enforce new amendment to Section 122 of the Income Tax…Read more
UPDATESAugust 12, 2021FBR issues clarification on suspicious exemption certificates By Admin Federal Board of Revenue has issued a clarification on a news story titled “FBR issues thousands…Read more
TAXATIONAugust 12, 2021Deadline and penalty for Tier-1 retailers and other tax provisions relating there to By Admin FBR directs Tier-1 Retailers to integrate with revenue authority till August 15.The Federal…Read more
BLOGAugust 11, 2021Definition of Tier-1 Retailer under sales tax act 1990 By Admin All tier-1 retailers are required to integrate all their POSs with FBR’s computerized system.Read more
UPDATESAugust 11, 2021Balochistan finance department introduces online tax collection system By Admin The government of Balochistan has installed online tax collection system. This online tax system…Read more
BUDGETAugust 10, 2021List of sales tax exemptions granted in budget 2021-2022 By Admin Under section 13 of The Sales Tax Act 1990, the Sixth Schedule of the Sales Tax Act, 1990…Read more
UPDATESAugust 6, 2021FBR removes tax officials despite resistance from tax machinery By Admin The Federal Board of Revenue (FBR) has dismissed 29 officials from civil service on charges of…Read more
WORLD TAXESAugust 5, 2021Countries with the highest sales tax rate on retailers By Admin An analysis is provided here of different countries with the highest sales tax rates on their retail…Read more