SRB makes mandatory for banks to provide quarterly statement of taxable services

KARACHI: Sindh Revenue Board (SRB) has made mandatory for banking companies to provide quarterly reconciled statement of taxable services provided during the period. The SRB issued notification No. SRB-3-4/17/2020 effective from July... Read more »

Sindh proposed to exempt sales tax on export of services

KARACHI: Sindh Revenue Board (SRB) has been proposed to exempt sales tax on export of services. Overseas Investors Chamber of Commerce and Industry (OICCI) in its proposals for budget 2020/2021 presented to... Read more »

Sindh urged to bring down sales tax rate at 10 percent

KARACHI: Sindh Revenue Board (SRB) has been suggested to bring down sales tax on services rate to 10 percent from existing 13 percent to encourage registration of more taxpayers. Overseas Investors Chambers... Read more »

Sindh exempts sales tax on Ehsaas Emergency cash transfer

KARACHI: Sindh Revenue Board (SRB) on Wednesday exempted sales tax on services to banking transfers made to Ehsaas Emergency Program. In a notification, the SRB said that the Sindh government had exempted... Read more »

FBR notifies zero percent sales tax on services for construction industry

ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified sales tax on service at zero percent for construction industry as part of incentives announced by the prime minister for construction sector. The... Read more »

Insurance agents liable to pay 13% sales tax on services

KARACHI: Sindh Revenue Board (SRB) has said that insurance agents are liable to pay 13 percent sales tax on services provided or rendered to their clients. Read more »

Sales tax rates on services provided by goods transportation

KARACHI: Sindh Revenue Board (SRB) has issued updated working tariff for tax year 2020 and notified sales tax rates on services provided or rendered by persons engaged in inter-city transportation. Read more »

Sales tax rate on services provided by fashion designers

KARACHI: Sindh Revenue Board (SRB) issued updated working tariff for tax year 2020 and notified sales tax rate on fashion designers. Read more »

Sales tax rate on services provided by property developers

KARACHI: Sindh Revenue Board (SRB) has issued updated working tariff for tax year 2020 under which 13 percent sales tax is applicable on services rendered by property developers. Read more »

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 »