The Federal Board of Revenue (FBR) has updated the Sales Tax Act, 1990 to make sales tax registration mandatory for various entities during the tax year 2024.
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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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Time and Manner of Sales Tax Payment in Pakistan Explained for Tax Year 2024
Time and manner of sales tax payment for Tax Year 2024 have been explained by the Federal Board of Revenue (FBR) through updated Sales Tax Act, 1990.
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Preventing Passing On of Excess Sales Tax to Consumers in Pakistan
Preventing Passing on of excess sales tax to consumers in Pakistan has been outlined through Section 3B of Sales Tax Act, 1990.
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Pakistan Prime Minister Directs Comprehensive Strategy for FBR Restructuring
Islamabad, November 13, 2023 – Pakistan Prime Minister on Monday directed authorities to formulate a comprehensive strategy for restructuring the Federal Board of Revenue (FBR).
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Sales Tax Rates Unveiled for Tax Year 2024 in Pakistan
Karachi, November 13, 2023 – The Federal Board of Revenue (FBR) has announced the sales tax rates for the tax year 2024 through the updated Sales Tax Act, 1990, effective from July 1, 2023.
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FBR Explains Value of Supply for Sales Tax Levy During Tax Year 2024
The Federal Board of Revenue (FBR) has explained value of supply for sales tax levy during tax year 2024 to facilitate taxpayers in understanding the tax liability.
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FBR Defines Taxable Activity in Pakistan for Sales Tax Levy During Tax Year 2024
Karachi, November 12, 2023 – Federal Board of Revenue (FBR) has defined taxable activity in Pakistan for levy of sales tax during tax year 2024.
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Retail Price in Pakistan Explained Under Sales Tax Law for Tax Year 2024
Karachi, November 12, 2023 – Retail price in Pakistan has been explained under Sales Tax Act, 1990 by the Federal Board of Revenue (FBR) for Tax Year 2024.
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Input Tax and Output Tax under Sales Tax Act for Tax Year 2024
Input tax and output tax have been explained under Sales Tax Act, 1990 for Tax Year 2024 by the Federal Board of Revenue (FBR).
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Green industry in Pakistan defined for Tax Year 2024
Green industry in Pakistan has been defined for Tax Year 2024 under updated Sales Tax Act, 1990 released by Federal Board of Revenue (FBR).
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