Karachi, January 18, 2020: The FBR issued Sales Tax General Order [STGO] 01 of 2020 dated 16th January 2020, whereby it has clarified the anomalies surfaced due to amendments made in Section 73 of STA through Tax Laws (Second Amendment) Ordinance 2019, the main purpose of which was to bring major distributors/retailers into documented regime….
Sales Professionals Forum is arranging discussions all over Pakistan in an effort to solve the CNIC registration issue plaguing the business community. The initiative is to bring the business community and FBR on the same page regarding the structural problems and reach a conclusive solution that will help businesses minimize losses and transition smoothly. Karachi,…
Karachi, September 17, 2019: On directions of Chairman Federal Board of Revenue, Syed Muhammed Shabbar Zaidi, Customs Wing has updated and issued the Units of Measurements used in import and export documents, in order to ensure proper valuation of goods. This action will further improve consistency, transparency and uniformity in data capturing as per international…
Sales Professionals Forum is arranging discussions all over Pakistan in an effort to solve the CNIC registration issue plaguing the whole business community. The initiative is to bring the business community and FBR on the same page regarding the structural problems and reach a conclusive solution that will help businesses minimize losses and transition smoothly….
Karachi, July 31, 2019: The Federal board of revenue explained tax collection measures on plot said that 100 percent gain will be taxed on plots if the holding is up to one year 75 percent of the gain will be taxed if the holding period of open is more than 1 year but not more…