How to Register in Sales Tax – A Step By Step Guide
Learn the complete process of sales tax registration in Pakistan. Get a checklist of required documents, preparation tips, and expert advice.
FBR’s New Audit Tool Targets Businesses Using Fake Sales Invoices
The Federal Board of Revenue (FBR) has unveiled a groundbreaking initiative aimed at curbing tax fraud and enhancing transparency in business transactions. In a recent press conference, the FBR Chairman […]
New Sales Tax Rules: Mandatory Biometric Verification Every Year
This article explains recent changes to sales tax registration, including a new requirement for annual biometric verification. Businesses registered for sales tax in Pakistan now have to undergo an annual […]
Get Ready for Mandatory Sales Tax Registration
The FBR aims to enhance tax collection and curb tax evasion through these changes. By bringing more businesses into the formal tax system, the government aims to increase tax revenue […]
Single Sales Tax Return (SSTR) – A Step Towards Tax Simplification
The Federal Board of Revenue (FBR) has taken a significant step towards streamlining the tax filing process by introducing the Single Sales Tax Return (SSTR). This innovative initiative aims to […]
FBR’s New Input Tax Adjustment Rules, How it will Impact Business?
The Federal Board of Revenue (FBR) has introduced significant amendments to the Sales Tax Act, with a new bill that proposes redefining the rules for input tax adjustments. These changes […]
One Portal, One Return – Simplifying Your Sales Tax Filing
Frequently Asked Questions about Single Sales Tax Return (SSTR) How is SSTR different from the legacy returns filed with different authorities/jurisdictions? The SSTR provides a unified platform for taxpayers to […]
FBR Modifies Sales Tax Act to Limit Input Tax Allowance
Tax Laws (Amendment) Bill 2024, update of Sales Tax Act focuses on Section 8B, particularly sub-section (4), which introduces a significant shift in how input tax adjustments are regulated. What’s […]
Online Sales Tax Registration in AJK – Still a Distant Dream
While the official websites of the AJK Board of Revenue (CBR) and the Federal Board of Revenue (FBR) provide information and manuals on online sales tax registration, the reality on […]
Tax Rates of Sales Tax on Services in Azad Jammu and Kashmir (AJK)
Azad Jammu and Kashmir (AJK) imposes sales tax on a variety of services, as outlined by The Azad Jammu and Kashmir Sales Tax (Tax on Services) Act, 2001. The tax […]