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sales tax

PYMA seeks extension for sales tax return filling deadline

KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and Pakistan Yarn Merchants Association (PYMA) have asked the Chairman Federal Board of Revenue (FBR) to extend the deadline for filing sales tax returns till May 31, 2021. FPCCI

Sales Tax payable to SRB on manpower supply set aside

KARACHI: Sindh Revenue Board, through Sindh Revenue Board notification dated 5th June 2017 amended Section 8(2) of the Sindh Sales Tax on Services Act 2011 (Act XII of 2011) and Rule 42-E of the Sindh Sales Tax on Services Rules

Budget relief

The government is set to pass the federal budget for fiscal year 2020-21. It has already hinted at providing stimulus packages and allocating funds to various sectors in the upcoming budget. The pharmaceutical sector is expected to receive a massive

FBR to provide direct electronic transfer of tax refunds

ISLAMABAD: Federal Board of Revenue (FBR) has devised a centralised system of online payment of Sales Tax, Federal Excise Duty (FED), and Income Tax refunds directly in the bank account of the taxpayers. FBR has requested the taxpayers to update