Acquiring Temporary Sales Tax Registration in TY2024
Karachi, December 10, 2023 – Rules have been notified for acquiring temporary sales tax registration in Pakistan during tax year 2024.
Karachi, December 10, 2023 – Rules have been notified for acquiring temporary sales tax registration in Pakistan during tax year 2024.
Karachi, December 10, 2023 – Federal Board of Revenue (FBR) has empowered tax officials with free access for monitoring imported goods during tax year 2024.
Karachi, December 9, 2023 – The Federal Board of Revenue (FBR) has unveiled updated Sales Tax Rules for the tax year 2024, introducing a comprehensive framework for obtaining sales tax registration.
Karachi, December 9, 2023 – The Federal Board of Revenue (FBR) has taken a significant step by acquiring monthly information on account holders with deposits in banks.
Karachi, December 8, 2023 – The Federal Board of Revenue (FBR) has taken a significant step in streamlining the retail market by issuing a comprehensive list of items for which the fixation of retail prices is now mandatory.
Karachi, December 8, 2023 – The Federal Board of Revenue (FBR), acting within the parameters of tax legislation, is compelled to unveil the income tax return forms by January 31, 2024, for the impending tax year 2024.
Karachi, December 7, 2023: Meezan Bank, the vanguard of Islamic banking in Pakistan, has entered into a formalized partnership with Befiler, heralding a new era in the provision of tax facilitation services for freelancers.
Karachi, December 7, 2023 – The Federal Board of Revenue (FBR) has implemented a directive preventing integrated retailers from issuing temporary sales tax invoices through the Point of Sale (POS) system.
Karachi, December 7, 2023 – The Government of Pakistan has made it compulsory to conduct sales tax transactions exceeding Rs 50,000 through banking channels.
Karachi, December 7, 2023 – The Federal Board of Revenue (FBR) has announced the mandatory requirement of record keeping for salaried individuals as part of the updated Income Tax Rules, 2002 for the tax year 2024.