sales tax
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FBR advised to withdraw powers of freezing bank accounts for tax recovery
The Karachi Chamber of Commerce and Industry (KCCI) in its 2020/2021 budget proposals submitted to the FBR highlighted the provisions…
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Tax Asaan App
Filing tax returns is an ethical, legal and social responsibility. However, it is so cumbersome and complicated in Pakistan that…
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Who is Obligated to Get Registered for Sales Tax?
Every person in the above-mentioned categories and who does tax-exempt activities in Pakistan is legally obliged to obtain sales tax…
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What is Income Tax?
Income tax is a direct tax on personal income. Simply put, income tax is a tax on your income. When…
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Do You Need a Non-Filer Statement?
If you are currently in the college financial aid process, you may be selected for Verification, a process that requires…
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What Is Import Duty?
The duty of a tax item collected on imports and imports by the customs authorities of the country. The value…
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Customs Tax in Pakistan
Tax experts from Lahore recommend a custom wing to scan and X-ray each and every container; to recoup the loss…
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Pakistan tax collection 62pc below its potential: IMF
The IMF’s Chief Citizens, Teresa Daban Sanchez, said that Pakistan’s tax collection is 62 per cent below its power but…
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FBR extends time limit for filing goods declaration
FBR on Monday issued a notice to extend the deadline for the completion of the proclamation announcement. FBR said it…
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How to File Your Income Tax Returns Online
Pakistan has one of the lowest rates of tax-on GDP in the world. For the uninitiated, the tax-to-GDP ratio is…
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