Tax rates on passenger, goods transport vehicles

The Federal Board of Revenue (FBR) has issued updated rates of advance tax on passenger and goods transport vehicles. The tax rates have been updated after amending Income Tax Ordinance, 2001 through Finance Act, 2021. The FBR collects advance tax under Section 234 of the Income Tax Ordinance, 2001. Under this section any person at … Continue reading Tax rates on passenger, goods transport vehicles