Rate of sales tax on banking services

KARACHI: Sindh Revenue Board (SRB) has issued updated working tariff for tax year 2020 which showed banks to pay 13 percent on sales tax regarding various services provided to customers. Read more »

Sales tax rates on professional services issued

KARACHI: Sindh Revenue Board (SRB) has issued amended working tariff for tax year 2020 under which the tax rate for rendering professional services shall be at 13 percent. Read more »

Sales tax rates for services rendered on sale, purchase of immovable properties

KARACHI: Sindh Revenue Board (SRB) has issued sales tax rate for service provided on sale and purchase of immovable properties within the province. Read more »

FBR proposed to collect sales tax on services

ISLAMABAD: The federal government is planning to takeover right to collect sales tax on services from the provinces as it was felt the true potential of collection was not realized. Read more »

Sales tax imposed on banking services of cheque books, lockers

KARACHI: SIndh government has imposed sales tax on services on cheque book issuance and maintaining locker vaults by a banking company to its customer. Read more »

Sindh adds 13 new services to provincial sales tax

KARACHI: The Sindh government has included 13 new services for the collection of sales tax from July 01, 2019. Read more »

FBR plans prizes to encourage public take invoices from restaurants, hotels

ISLAMABAD: Federal Board of Revenue (FBR) is planning to introduce prize scheme through draw against invoices of restaurants submitted by customers. Read more »