Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Federal Board of Revenue (FBR) has stated the collection of Advance Tax depicts real time quarterly collection and the regime of Advance Tax collection is available in all developed…
KARACHI: At a time when most of the economic indicators are going downwards, businesses are shrinking and companies across all sectors are downsizing, the Information Technology (IT) sector offers bright…
KARACHI: The Finance Act 2016 has imposed 3.0 percent adjustable advanced income tax on the turnover declared by persons registered under provincial sales tax laws. According to Finance Act 2016,…
KARACHI: The Federal Board of Revenue (FBR) as part of the mission to eliminate corruption in the revenue body has developed a code of conduct. This would discourage officers avoiding…
KARACHI: The Customs Appellate Tribunal Karachi has ordered M/s Suraj Fertilizer Industries Limited to pay the additional demand created by MCC Appraisement, as the importer had this amount taking undue…