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 […]
S.R.O.1321(I) 12024: Simplified Tax Returns Form for Traders
The Federal Board of Revenue (FBR) has announced that only 277 shopkeepers/retailers have paid a total of Rs. 503,632 in taxes under the Tajir Dost Scheme. Despite having 63,964 registered […]
Breaking Down SRO 350: Sales Tax Registration & Filing for Small Businesses in Pakistan
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 […]