Sales Tax Act 1990: return filing requirement by registered persons

KARACHI: A sales tax registered person is required to file true and correct sales tax return on monthly basis by providing details of supplies and persons whom the supplies were made during... Read more »

FBR imposes ban on tax officials’ leaves

ISLAMABAD: Federal Board of Revenue (FBR) has imposed ban on its officials for availing any kind of leave, including ex-Pakistan. Read more »

FBR selects only 2.3pc income tax audit cases out of total filers, World Bank informed

ISLAMABAD: Federal Board of Revenue (FBR) has informed the World Bank that the tax body has significantly reduced the number of audit selection this year. Read more »

Sales Tax Act 1990: tax officials authorized to access record

KARACHI: The sales tax law has authorized tax officials to access record maintain by registered persons for the purpose of investigation and audit. Read more »

Lahore Customs Intelligence announces auction of confiscated vehicles on April 25

LAHORE: Directorate of Customs Intelligence and Investigation (I&I) announced auction of confiscated vehicles on April 25, 2019 at the directorate office Lahore. Read more »

Sales Tax Act 1990: six years record required to be maintained

KARACHI: A person, who is undertaking activities of taxable supplies, is required to maintain record and documents of past six years. Read more »

FBR amends requirement of cash withdrawal information by banks

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued new instructions to banks regarding providing details of cash withdrawal by filers and non-filers. Read more »

Customs intelligence announces auction of confiscated vehicles on April 23

KARACHI: Directorate General of Intelligence and Investigation, Customs, Karachi announced auction of confiscated vehicles to be held on April 23, 2019 at PECHS Karachi. Read more »

Sales Tax Act 1990: requirement of issuing tax invoice

KARACHI: A person making taxable supplies is required to issue serially numbered tax invoice at the time of making supply of goods. Read more »

Sales tax auditors form association against FBR’s unfair treatment

KARACHI: The officers of Sales Tax have formed an association to voice against biased treatment of Federal Board of Revenue (FBR). Read more »

FBR promotes 114 inspectors to BS-16 Revenue Officers

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday notified promotion of 114 inspectors of Inland Revenue and Assistant Private Secretaries to the post of Revenue Officers (BS-16) on regular basis with immediate... Read more »

No decision on amnesty scheme, cabinet to consider tomorrow

ISLAMABAD: The federal cabinet has discussed the planned tax amnesty scheme and it will decide in tomorrow’s meeting, sources said on Tuesday. Read more »