Jan
3
Taxation
FBR directs issuing exemption certificates to gratuity, provident funds
ISLAMABAD: Federal Board of Revenue (FBR) has issued directives for grant of income tax exemption to gratuity and provident funds. Through an office order, the FBR issued directives on complaints received from taxpayers that tax offices were refusing to grant income tax exemption against gratuity funds/ provident funds. The FBR expressed concern on the treatment […]