Key Taxable Services and Rates Telecommunication Services: Subject to a standard sales tax rate of 19.5%. This includes various services like voice calls, SMS, internet, and data services. Restaurants: Small […]
The Sindh government in Pakistan has implemented a revised sales tax structure for the 2024-25 fiscal year, aiming to increase revenue generation. Here’s a breakdown of the key changes: Sales […]
The Sindh government has introduced a conditional sales tax exemption for beauty parlors and clinics, bringing some relief to smaller businesses in the industry. The Sindh Revenue Board (SRB) has […]
The Punjab Revenue Authority (PRA) has announced that all withholding agents in Punjab, Pakistan, are now considered “collecting agents” for sales tax purposes. This means they are responsible for collecting […]
In Pakistan, understanding the sales tax system is crucial for businesses operating within the country. This article breaks down the different types of sales taxes, who collects them, and where […]
FBR Clarifies Controversial Sales Tax Regulation (SRO 350): Addressing Taxpayer Concerns The Federal Board of Revenue (FBR) has issued a new Statutory Regulatory Order (SRO) 350(I)/2024, which introduces changes to […]
This passage explains the rules for registering for sales tax in Pakistan according to the Federal Board of Revenue (FBR). Here’s a breakdown of the key points: Threshold for Registration: […]
The Sindh Revenue Board (SRB) has implemented a new sales tax policy for hospitals in the province, effective July 1, 2024. This article explores the key details and implications of […]
Understanding sales tax registration and compliance is essential for any business operating in Pakistan. This article provides a comprehensive guide, outlining the registration process, ongoing obligations, and filing procedures. Sales […]
Creating a sales tax challan online involves two main scenarios: Registered taxpayers with login credentials for the Federal Board of Revenue (FBR) e-filing portal. Individuals who do not have login […]
