ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday set up a committee for development and designing the single portal for filing of sales tax return at national level.
ISLAMABAD: Federal Board of Revenue (FBR) has been directed to examine chargeability of sales tax on computerized arms license in the form of cards.
Experts estimated a massive hike in prices of cars with capacity of 1400CC and above after imposition of sales tax rate at 25 per cent.
KARACHI: Federal Board of Revenue (FBR) issued Pakistan Customs Tariff (PCT) details of Completely Built Up (CBU) imported motor vehicles on which sales tax at 25 per cent is applicable.
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued a list of imported and locally produced goods for applying sales tax at 25 per cent.
ISLAMABAD: Pakistan has slapped 25 per cent sales tax on import of mobile phones valuing above $500 per piece, official sources said on Tuesday.
The prices of petroleum products in Pakistan will go up with the imposition of sales tax, which presently at zero per cent. Analysts AKD Research Tuesday stated that with the IMF consistently conveying concerns over possible shortfall on account of petroleum development levy (PDL), the government is looking towards a contingency plan by taking up […]
ISLAMABAD: National Tax Council on Monday discussed the harmonization of General Sales Tax (GST) in the country. Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired a meeting on National Tax Council at Finance Division. READ MORE: Definitions under Pakistan Income Tax Laws updated up to June 30, 2022 Finance Minister Punjab Mr. […]
ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs459 billion as sales tax on import of POL products during tax year 2022. The collection of sales tax (import) recorded 80 per cent growth in tax year 2022 when compared with Rs255.74 billion in the preceding tax year, according to annual report issued by the FBR. […]
ISLAMABAD: The government on Sunday ordered an inquiry into collection of sales tax at increased sales tax ratio from retailers. A statement said that Prime Minister Muhammad Shehbaz Sharif had directed to launch an inquiry into the imposition of higher Sales Tax ratio on small traders through electricity bills other than the agreed one. READ […]