FBR directs issuing exemption certificates to gratuity, provident funds

ISLAMABAD: Federal Board of Revenue (FBR) has issued directives for grant of income tax exemption to gratuity and provident funds. Through an office order, the FBR issued directives on complaints received from... Read more »

Sales tax recovery: movable, immovable property may be sold without attachment

ISLAMABAD: Sales tax laws have given immense powers to officers of Inland Revenue and they can recover due sales tax by selling movable or immovable property without attachment. Sources in Federal Board... Read more »