List issued for luxury imported, local goods imposing 25% sales tax by FBR.

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued a list of imported and locally produced goods for applying sales tax at 25 per cent. The […]

Sales tax act updated by FBR incorporating new rates of 18% and 25%

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday issued updated Sales Tax Act, 1990 incorporating new sales tax rates of 18 per cent and 25 per […]

Sales tax increase by 25% on above 500$ worth mobile phones

ISLAMABAD: Pakistan has slapped 25 per cent sales tax on import of mobile phones valuing above $500 per piece, official sources said on Tuesday. Pakistan has […]

Mini price range to be presented before parliament today 16 February 2023

If you want to keep track of IMF developments, the Pakistan government will present a supplementary finance bill or mini finance bill to parliament (today) on […]

FBR Board of Revenue (FBR) Transfer 18 of BS-20 with instant impact

Islamabad: On Tuesday, the Federal Board of Revenue (FBR) transferred 18 Commissioners of the Inland Revenue Service (IRS) in BS-20 with immediate effect and till in additional orders.   The […]

Pakistan, Tajikistan amend convention for avoidance of double taxation

Pakistan and Tajikistan have signed to amend the present convention for avoidance of double taxation, Federal Board of revenue (FBR) on Monday. The FBR issued SRO […]