Advance tax on purchase of immovable property to be paid on fair market value

KARACHI: Federal Board of Revenue (FBR) will collect advance income tax on sale of immovable properties on the basis of fair market value. Read more »

Pakistan Customs’ security, integrity at mercy of lappus

KARACHI: The sensitive data of Pakistan Customs and integrity of the department are totally at mercy of privately hired persons ‘lappus’ by Customs officers. Read more »

Tax return to be valid on submission of relevant information

KARACHI: Submission of relevant particulars or information shall make a return of income a valid document. Read more »