Sales tax incentive granted on supplies by restaurants

ISLAMABAD: The government has announced an incentive on sales tax rate on supplies made by restaurants and eateries on account of takeaway. The FBR issued SRO 725(I)/2021 dated June 08, 2021 to exempt sales tax in excess of five percent chargeable on supplies made by restaurants and eateries on account of takeaway subject to the […]

by Mrs. Anjum Shahnawaz

FBR decides opening IR offices on Saturdays as coronavirus spreads rapidly

Jun 5

Taxation

FBR decides opening IR offices on Saturdays as coronavirus spreads rapidly

ISLAMABAD: Federal Board of Revenue (FBR) has decided to open its field offices on Saturdays to meet monthly target of Rs415 billion despite rapid spread of coronavirus, which already claimed lives of tax officials. The FBR on Thursday issued a notification directing all chief commissioners of Large Taxpayers Units (LTUs), Regional Tax Offices (RTOs) and […]

by Mrs. Anjum Shahnawaz