Tag: Sales Tax Act 1990

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 6, 2023 – The government of Pakistan has introduced a reward system for whistleblowers who provide credible information leading to the detection of sales tax evasion.

Karachi, December 3, 2023 – In a move to address tax recovery challenges from companies undergoing liquidation, the Federal Board of Revenue (FBR) has issued a comprehensive procedure under the Sales Tax Act, 1990 for the tax year 2024.

Karachi, November 28, 2023 – The Federal Board of Revenue (FBR) has announced the comprehensive procedure for the recovery of sales tax for the upcoming tax year 2024.

Karachi, November 27, 2023 – The Federal Board of Revenue (FBR) has unveiled the updated Sales Tax Act, 1990 for the upcoming tax year 2024, providing taxpayers with the right to appeal against decisions or orders made by officers of the Inland Revenue.

Karachi, November 26, 2023 – The Commissioner Inland Revenue has been bestowed with suo moto powers to call for records during the tax year 2024.