Finance Bill 2019: turnover tax enhanced to 1.5 percent

ISLAMABAD: The rate of minimum turnover tax has been increased to 1.5 percent from 1.25 percent in the budget 2019/2020 presented a day earlier. Read more »

Yarn merchants urge FBR to stop harassment over turnover tax

KARACHI: Pakistan Yarn Merchants Association (PYMA) has sought clarification from Federal Board of Revenue (FBR) over calculation of turnover income tax. Read more »

FBR asked not to send notices for turnover tax

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has urged Federal Board of Revenue (FBR) to issue necessary instructions to all RTOs to refrain from sending notices for demanding the unjust annual... Read more »