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Federal excise duty chargeable on club, business & first class int’l air tickets: FBR ISLAMABAD ( Web News ) Federal Board of Revenue(FBR) has stated that federal excise duty is chargeable on club, business and first class international air tickets under Section 3 of the Federal Excise Act, 2005. Furthermore,Read More →

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ISLAMABAD ( Web News ) President Dr Arif Alvi Monday directed the Federal Board of Revenue (FBR) to bring into the tax net the unregistered wholesalers, dealers or distributors of sugar to broaden the tax base. He observed that despite making huge monetary transactions and the availability of their dataRead More →

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Tax reforms to help bring Rs 20 trillion retail sector into tax net: Tarin ISLAMABAD ( Web News ) Minister for Finance and Revenue Shaukat Tarin Monday said the reforms measures being taken by the incumbent government would help bring the whole retail sector worth Rs 20 trillion into theRead More →

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There is a need to popularize culture of tax payment in country: President Alvi ISLAMABAD ( Web News ) The Rawalpindi Chamber of Commerce and Industry (RCCI) in collaboration with the Federal Board of Revenue (FBR) organized an awards ceremony in recognition of the taxpayers. The purpose of the eventRead More →

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Telenor Pakistan recognised as one of the largest taxpayer ISLAMABAD ( Web News ) Telenor Pakistan has been recognised as one of the largest taxpayer at the first Taxpayers Recognition Award Ceremony in the esteemed presence of the Honourable President of Pakistan Dr. Arif Alvi as Chief Guest. The awardRead More →

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ISLAMABAD ( Web News ) The Federal Board of Revenue (FBR) has started registration of brand names, which is mandatory for manufacturers to sell their products. The FBR on Tuesday issued Sales Tax General Order (STGO) No. 07 of 2021 for licensing of brand name under Section 40E of Sales Tax Act, 1990 for specified sectors.Read More →

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ISLAMABAD ( STAFF REPORT ) Jazz is contesting FBR’s Rs 25 billion disputed tax demand before the Honorable Islamabad High Court. Jazz strongly believes that the aforesaid assessment and order of the Appellate Tribunal is based on incorrect interpretation. As per the court’s latest order, the stay has been grantedRead More →