Federal Tax Ombudsman (FTO) has issued directives to relevant authorities to ensuring timely completion and credit of rebates to exporters.
(more…)Category: Taxation
Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
-
KTBA highlights irritants in declaring debit, credit notes on SRB portal
Karachi Tax Bar Association (KTBA) has highlighted irritants in declaring debit and credit notes on the portal of Sindh Revenue Board (SRB).
(more…) -
FBR unveils names of 3.41 million active taxpayers
According to the announcement made on Monday, the Federal Board of Revenue (FBR) has released its latest active taxpayers list (ATL), which includes the names of 3.41 million individuals and companies.
(more…) -
FBR issues tax rate on prize bonds, winning for TY2023
Federal Board of Revenue (FBR) has issued tax rates to be collected on winning of prize bonds and raffle or lottery during tax year 2023.
(more…) -
Sindh extends tax exemptions to flood relief services up to June 30
KARACHI: The Sindh government has announced the extension of the exemption from sales tax on services up to June 30, 2023, providing continued relief for various sectors.
(more…) -
Pakistan customs settles dispute for clearance of 86 inch touch LCD
A classification committee of Pakistan Customs has settled dispute for clearance of all-in-One Interactive Computer System, Core i7 with 86 inch touch LCD.
(more…) -
FBR notifies taxpayers required to file income tax return 2023
Federal Board of Revenue (FBR) has notified class of taxpayers, who are required to file income tax return for tax year 2023.
(more…) -
NCCPL to collect capital gain tax on March 31
National Clearing Company of Pakistan Limited (NCCPL) on Friday announced to collect Capital Gain Tax (CGT) on March 31, 2023 on disposal of shares during the month of February 2023.
(more…) -
FBR issues salary income tax rates for return filing 2023
KARACHI: Federal Board of Revenue (FBR) has issued salary income tax rates for filing return tax year 2023.
(more…) -
Sindh Revenue Board raids posh club in DHA
KARACHI: Sindh Revenue Board (SRB) Thursday raided a posh club in Defence Housing Authority (DHA) for defaulting payment of sales tax.
(more…)