ISLAMABAD: Federal Board of Revenue (FBR) has finalized simple income tax return and wealth statement for small traders, sources said on Sunday. The FBR has not issued officially the draft returns and wealth statement forms for traders but sources said that the draft had been finalized and would be issued soon. The draft income tax […]

ISLAMABAD: Federal Board of Revenue (FBR) has decided to launch a series of meetings with representatives of traders associations to address concerns of small traders, sources said on Saturday. In this regard a combined meeting of traders’ representatives and senior officers of FBR will be held on January 22, at FBR House Islamabad. In the […]

ISLAMABAD: Federal Board of Revenue (FBR) to update major initiatives regarding small shopkeepers and traders on January 22, 2020. A meeting of traders associations with FBR officials was held on Thursday at FBR House, Islamabad. Both the sides agreed on completing formation market committees within next two days. It is also decided to hold a […]

ISLAMABAD: Traders associations has nominated their representatives for determination of business turnover for mandatory tax registration. FBR spokesman said that traders associations had assured of income tax registration of medium and large size retailers. The spokesman said that the FBR had agreed to genuine demands of small traders and necessary amendments had been introduced through […]

ISLAMABAD: Federal Board of Revenue (FBR) on Friday announced implementation of agreement with traders from next week. FBR chairman Syed Shabbar Zaidi in a tweet message said that committees represented by the traders of each area/ market, covering the whole country will be notified. “Traders and FBR will work together for registration,” the chairman said […]