Karachi, December 13, 2023 – Federal Board of Revenue (FBR) has updated rules regarding procedure for sales tax de-registration.
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The Federal Board of Revenue is Pakistan’s apex tax agency, overseeing tax collection and policies. Pakistan Revenue is committed to providing timely updates on the Federal Board of Revenue to its readers.
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Updated Rules for Air Ticket Tax Collection Unveiled by FBR
Karachi, December 13, 2023 – The Federal Board of Revenue (FBR) has issued updated rules for the collection of advance tax on the sale of air tickets during the tax year 2024.
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FBR Seals Ghani Sons Branches for POS Violation
Karachi, December 13, 2023 – The Federal Board of Revenue (FBR) has sealed multiple branches of Ghani Sons, a prominent uniform manufacturer, for violating Point of Sale (POS) regulations.
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Fareed Iqbal Qureshi Posted as Member Customs Operations
Karachi, December 12, 2023 – The Federal Board of Revenue (FBR) has posted Dr. Fareed Iqbal Qureshi as the new Member Customs Operations, effective Tuesday.
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FBR Extends Electronic Invoicing Condition to FMCGs
Islamabad, December 12, 2023 – The Federal Board of Revenue (FBR) has extended the requirement for electronic sales tax invoicing to the sale of fast moving consumer goods (FMCGs).
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Procedure to Change Particulars in Sales Tax Registration
Karachi, December 12, 2023 – The Federal Board of Revenue (FBR) has issued procedure to change particulars in sales tax registration during tax year 2024.
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Mandatory Issuance of Tax Certificates for Withholding Agents
Karachi, December 12, 2023 – Issuance of tax collection certificates has been made mandatory for withholding agents during tax year 2024.
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FBR Notifies Amended Rules for Sales Tax Integration
Karachi, December 11, 2023 – Federal Board of Revenue (FBR) on Monday notified amended rules for integration of electronic invoicing and licensing for sales tax registered persons.
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Mandatory sales tax registration Requirements in TY2024
Karachi, December 11, 2023 – Tax authorities have issued mandatory requirement for sales tax registration during tax year 2024.
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Release of Tax Exemption Certificates to Non-Residents
Karachi, December 11, 2023 – Federal Board of Revenue (FBR) has issued procedure for release of tax exemption certificates to non-residents during tax year 2024.
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