FBR Increases Customs Duties of Chinese Mobile phone accessories
Directorate General of Customs Valuation Karachi has increased customs values of the accessories of…
List of sales tax exemptions granted in budget 2021-2022
Under section 13 of The Sales Tax Act 1990, the Sixth Schedule of the Sales Tax Act, 1990…
World’s highest inheritance tax story of Samsung chairman Lee Kun Hee
Lee Kun-hee(9 January 1942– 25 October 2020) was a South Korean businessman and…
FBR removes tax officials despite resistance from tax machinery
The Federal Board of Revenue (FBR) has dismissed 29 officials from civil service on charges of…
Countries with the highest sales tax rate on retailers
An analysis is provided here of different countries with the highest sales tax rates on their retail…
FBR fixes value of steel in respect of locally produced goods
The Federal Board of Revenue fixes the value of locally produced steel and scrap goods for the…
SBP launches digital cheques clearing and unified QR Code System
Governor State Bank of Pakistan, Dr. Reza Baqir, announced two new initiatives to facilitate the…
FBR Issues clarification on withholding tax on medicine traders
FBR Issues Clarification“Federal Board of Revenue (FBR) has issued a clarification on a…
FBR Directs taxmen to Declare Assets
The Federal Board of Revenue (FBR) directed all tax officers and officials to declare their Assets…
FBR Reveals Draft Rules for New Export Scheme
The Federal Board of Revenue (FBR) released draft rules for new Export Facilitation Scheme 2021. FBR…
