Immovable property registrar requires to provide buyers, sellers information
KARACHI: A registrar is required to provide information of buyers and sellers of immovable property in withholding tax statement to the Federal Board of Revenue (FBR).
KARACHI: A registrar is required to provide information of buyers and sellers of immovable property in withholding tax statement to the Federal Board of Revenue (FBR).
ISLAMABAD: The ministry of finance has been directed to finalize proposals for establishment of Pakistan Revenue Authority (PRA) by June 30, 2020. The directives have been issued at a meeting chaired by the prime minister on restructuring of FBR held last month. It is decided that the ministry of finance (Revenue Division) to formulate comprehensive […]
ISLAMABAD: Federal Board of Revenue (FBR) will get real-time data of financial transactions of the banking system by end of this year. According to the minutes of the meeting chaired by the prime minister last month, it is decided that Ministry of Law and Justice in consultation with State Bank of Pakistan (SBP) to propose […]
ISLAMABAD: Federal Board of Revenue (FBR) will initiate criminal proceedings in those cases where tax evasion above Rs10 million is detected.
ISLAMABAD: The government has decided to implement full-fledged Value Added Tax (VAT) by eliminating General Sales Tax (GST) in next two to four years. This has been decided at a meeting under the chairmanship of the prime minister held last month. According to the minutes of the meeting, it was considered that VAT regime instead […]
ISLAMABAD: Federal Board of Revenue (FBR) will conduct nation-wide survey of immovable properties to assess and tap colossal wealth parked in the real estate sector. The decision has been taken and approved at a meeting under the chairmanship of the prime minister held last month. According to minutes of the meeting it has been decided […]