Tax
Tax on property income should be made final
KARACHI: The Federal Board of Revenue (FBR) has been urged to rationalize rental income from property and individuals or Association of Persons (AOPs…
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Tax
SRB launches tax scheme for waiver of penalty, default surcharge
KARACHI: The Sindh Revenue Board (SRB) on Monday launched a scheme to exempt whole of the amount of penalty and default surcharge on payment of pri…
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Tax
FBR extends date for filing sales tax returns
ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing sales tax and federal excise return for the month of April 2021 up to…
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Tax
Withholding agents should be allowed filing separate statements for salary cases
KARACHI: Tax practitioners have urged the Federal Board of Revenue (FBR) to allow withholding agents to file separate statements for salary and other…
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Tax
Real estate remains top priority for documentation of economy
ISLAMABAD: Tax authorities have prioritized real estate sector for documentation of economy during next three years for increasing share of direct ta…
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Tax
FBR expands operations against Benami assets to four major cities
ISLAMABAD: Federal Board of Revenue (FBR) has decided to expand operations against Benami assets / properties in four major cities of the country, so…
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Tax
FBR urged to revise slabs for advance tax collection on motor cars
KARACHI: Federal Board of Revenue (FBR) has been urged to revise slabs of engine capacity of motor cars to give benefit to buyers in payment of withh…
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