The Federal Board of Revenue (FBR) is taking a significant step to improve tax compliance and collection through the introduction of “best judgement assessments” for sales tax. Key Points: New […]
Wedding halls in Khyber Pakhtunkhwa (KPK) now have a chance to simplify their tax obligations with a new fixed tax regime introduced by the Khyber Pakhtunkhwa Revenue Authority (KPRA). This […]
Quetta, Balochistan – The Balochistan Revenue Authority (BRA) has announced an extension to the deadline for both the filing of Balochistan Sales Tax on Services (BSTS) returns and the deposit […]
Peshawar, Pakistan – Khyber Pakhtunkhwa Revenue Authority (KPRA) has given wedding hall owners in the province until June 25th, 2024, to choose between two sales tax regimes for the upcoming […]
Pakistan’s government is proposing a significant change to the advance tax system for motor vehicle registration and transfer. Here’s a breakdown of the key points: Current System: The existing system […]
The Federal Board of Revenue (FBR) has proposed a significant increase in withholding tax rates for phone and internet users who are not listed on the Active Taxpayers List (ATL) […]
Islamabad, Pakistan – The Sindh Revenue Board (SRB) has clarified that the Sindh Finance Bill, 2024, does not immediately impose a 15 percent Sindh Sales Tax (SST) on health and […]
Federal Board of Revenue (FBR) is getting tough on businesses that refuse to accept credit and debit card payments. FBR chairman Amjed Zubair Tiwana warned that such businesses could face […]
Karachi, Pakistan – The Sindh Revenue Board (SRB) has extended the deadline for filing Sindh Sales Tax returns for the month of May 2024. In a recent notification, the SRB […]
In a significant development, Pakistan’s Senate has rejected the proposed increase in income tax rates for salaried individuals in the upcoming 2024-25 budget. This decision comes after a review of […]