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 […]
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 […]
This article explores recent changes to the Sales Tax return system, specifically the “The Return Shall Remain Provisional/Draft” error message and its implications for businesses. The Issue: Delayed Filing and […]
Don’t Leave Debts Behind Closing a private company or business enterprise in Punjab comes with legal and financial responsibilities. One crucial aspect is ensuring all outstanding taxes are settled before […]
The Khyber Pakhtunkhwa Revenue Authority (KPRA) plays a vital role in collecting taxes within the province. One crucial aspect of this system is withholding tax, where a portion of the […]
