How to File Sales Tax Return on the FBR Portal?
The FBR’s IRIS portal provides a convenient platform for registered taxpayers to file their Sales Tax and Federal Excise Returns electronically. Here’s a step-by-step guide on how to do it: […]
How to Claim Withholding Tax in Punjab Revenue Authority?
The Punjab Revenue Authority (PRA) serves as the provincial tax authority responsible for collecting and managing taxes on services within Punjab. Among its key functions is facilitating service providers in […]
How to Check Your Active Taxpayer Status in PRA?
Operating a business in Punjab and providing taxable services? Verifying your Active Taxpayer status is crucial for complying with the Punjab Sales Tax on Services Act, 2012 (PST Act). Here’s […]
FBR Sets Minimum Retail Price for Tea
In a recent move aimed at streamlining tax calculations and ensuring fair tax contributions, the Federal Board of Revenue (FBR) has issued a new notification S.R.O. 1735(I)/2024—which sets a minimum […]
How to File Sales Tax Return in PRA New Portal?
Filing sales tax returns in PRA is a crucial aspect of business compliance. This guide will walk you through the step-by-step process using the PRA portal, including how to handle […]
How to Upload Bulk Sales Tax Invoices?
Importing Large Volumes of Sales Tax Invoices Efficiently Managing sales tax invoices for businesses can be a time-consuming task, especially for those dealing with a high volume of transactions. The […]
What is the Stamp Paper Requirement in Sales Tax Returns?
Understanding the Stamp Paper Requirement The recent addition of a stamp paper requirement to tax returns in Pakistan has sparked controversy. This mandatory declaration requires the principal officer of a […]
What if you Collected Extra Sales Tax?
The Sales Tax Act, 1990, outlines the procedures for the collection and recovery of excess sales tax collected by businesses in Pakistan. This article provides a comprehensive overview of the […]
FBR Simplifies Process for Extension for Sales Tax Returns
The Federal Board of Revenue (FBR) has issued a new standard operating procedure (SOP) to streamline the process for registered persons seeking an extension of the time limit for filing […]
When Input Tax Credit Can not be Claimed?
The Sales Tax Act, 1990, outlines specific restrictions on the input tax credit that registered persons can claim. This article provides a comprehensive overview of these restrictions and their implications […]