KARACHI: The Sindh Revenue Board (SRB) has been vested with the power to seal the businesses of individuals not listed on the Active Taxpayers List (ATL), as per the recent amendment to the Sindh Sales Tax on Services (Amendment) Act.
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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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FBR notifies transfers, postings of 43 IR officers
ISLAMABAD: Federal Board of Revenue (FBR) on Friday transferred and posted 43 officers of Inland Revenue Service (IRS) with immediate effect.
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FBR freezes bank accounts of leading businessmen, bankers for CVT recovery
KARACHI: Federal Board of Revenue (FBR) has attached bank accounts of leading businessmen and bankers of the country for recovery of capital value tax (CVT) on immovable properties abroad.
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Pakistan bans import of cars older than three years: IPO
Pakistan has banned import of cars older than three years under Import Policy Order (IPO), 2022. However, vehicles old up to five years can be imported under the policy.
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KTBA organizes seminar on Zakat calculation
Karachi Tax Bar Association (KTBA) is organizing a seminar on Zakat calculation on Friday, March 17, 2023.
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FBR links tax refund payment to realization of export proceeds
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday linked the issuance of refund payment to the realization of export proceeds.
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KTBA elects office bearers, EC members for 2023
Karachi: The Karachi Tax Bar Association (KTBA) held its 66th Annual General Meeting on March 16, 2023, during which it elected new office bearers and members of the executive committee for the term 2023.
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Scheme for duty free car import by disabled persons in Pakistan
Pakistan, under Import Policy Order 2022, has granted a scheme of duty free import of cars for disabled persons into the country.
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FBR chairman directs IR offices to ensure recovery of tax arrears
LAHORE: Asim Ahmad, Chairman, Federal Board of Revenue (FBR) has directed offices of Inland Revenue (IR) to ensure recovery of tax arrears.
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FBR sets up committee for developing sales tax return filing portal
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday set up a committee for development and designing the single portal for filing of sales tax return at national level.
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