The Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to improve the efficiency of sales tax refunds for exporters. Here’s a breakdown of their key recommendations: […]
Pakistan’s Central Power Purchasing Agency (CPPA) has proposed a tax on residential and commercial users of solar panels. This article explores the details of the proposal and potential implications. Proposed […]
Karachi, Pakistan – The Sindh Revenue Board (SRB) has taken stern measures against tax evasion in Karachi, sealing the premises of a restaurant branch in DHA’s Do Darya area and […]
The Sindh Revenue Board (SRB) is cracking down on tax evasion in Karachi’s service sector. In a recent move, the SRB sealed a well-known restaurant, M/s. Sajjad, located in Do […]
Pakistan’s Federal Board of Revenue (FBR) is taking a big step to improve tax collection with the mandatory integration of Point-of-Sale (POS) systems for 1,680 large retailers (Tier-1). This initiative […]
Karachi, Pakistan – The Sindh Revenue Board (SRB) has taken action against two businesses in Karachi for tax evasion and non-compliance with the Sindh Sales Tax on Services Act, 2011. […]
The Federal Board of Revenue (FBR) has issued a new document clarifying questions raised by taxpayers regarding a recent regulation on balance sheet submission (SRO 350 issued on March 7, […]
Quetta, Balochistan – The Balochistan Revenue Authority (BRA) has announced a crucial extension for taxpayers in the province. The deadline for both filing Balochistan Sales Tax on Services (BSTS) returns […]
The Federal Board of Revenue (FBR) has adopted a more assertive approach to tax collection in recent times. While this aims to improve revenue generation and combat tax evasion, it […]
This article explores recent changes to the Sales Tax return system, specifically the “The Return Shall Remain Provisional/Draft” error message and its implications for businesses. The Issue: Delayed Filing and […]