Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Secretary Policy FBR Raja Vishnu Qavi has said a new fully automated sales tax system is being implemented from July 01, 2016, which would reduce post-filing discrepancies. “We expect…
KARACHI: An appellate bench of High Court of Sind, comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi on Friday adjourned hearing of sixteen constitution petitions challenging levy of Sales…
KARACHI: The Karachi Tax Bar Association (KTBA) has approached the Federal Board of Revenue (FBR) to extend the due date of filing monthly withholding tax statements for the months of…
KARACHI: The Karachi Tax Bar Association (KTBA) has suggested that the tax structure for corporate sector should be rationalized and tax rates for listed companies should at least be 5.0…
KARACHI: The Karachi Tax Bar Association (KTBA) has elected Syed Rehan Hassan Jafri as the President of Association for the term 2016-17 at the 59th annual general meeting here on…
KARACHI: Minister of State and Special Assistant to the Prime Minister on Revenue, Haroon Akhtar, has saidon Friday that the government will consider to withdraw penalty notices issued against non-filing…
KARACHI: The Federal Board of Revenue (FBR) has stopped sales tax registration as manufacturers after it was found that certain elements not qualifying as manufacturers had got them registered as…
KARACHI: FBR’s IT wing, Pakistan Revenue Automation Limited (PRAL) has not been able to fix the bugs in the system due to which a large number of taxpayers are unable…
KARACHI: Karachi Tax Bar Association (KTBA) has approached Federal Board of Revenue (FBR) seeking immunity from audit for existing taxpayers subject to payment of higher tax as compared with previous…
KARACHI: The Karachi Tax Bar Association has approached Federal Board of Revenue seeking another extension in the date for tax returns and statement till February 29, 2016. In a letter…
KARACHI:- Karachi Tax Bar Association (KTBA) has informed the Federal Board of Revenue about a number of issues persisting in e-filing of income tax returns through automated IRIS system. In…
KARACHI:- Karachi Tax Bar Association (KTBA) has raised a number of issues relating to difficulties faced by tax payers in filing Monthly Statement with chairman FBR seeking resolution of the…