The Federal Board of Revenue (FBR) is the central body in Pakistan that is responsible for collecting and managing the country's revenue through taxation. The FBR was established in 1948…
SHOW CAUSE FOR IMPOSITION OF PENALTY U/S 182 FOR FAILURE TO FILE RETURN U/S 114 If you have received a notice from the Federal Board of Revenue (FBR) asking you…
In Pakistan, agriculture is one of the major contributors to the economy, accounting for about 19% of the country's gross domestic product (GDP) and providing employment to over 40%…
Capital Gains Tax is a tax imposed on the profits that an individual or an organization earns from selling or disposing of an asset. In Pakistan, Capital Gains Tax (CGT)…
In Pakistan, construction services are subject to sales tax under the Sales Tax Act, 1990. The tax rates and procedures vary depending on the location of the construction service…
In Pakistan, individuals and businesses are required to pay income tax if their taxable income exceeds the minimum taxable limit. Here are some of the groups that are eligible for…
Here is a step-by-step guide on how to file your sales tax return with the Pakistan Revenue Automation Limited (PRA) in Pakistan: Step 1: Register with PRA If you haven't…
People who can register for sales tax in Pakistan are:- All importers All wholesalers (including dealers) and distributors Manufacturers not falling in cottage industry. {Cottage industry means a manufacturer whose…
Online registration is only available for Individual and not for Association of Person or Company, before starting online registration, the Taxpayer must have: Read User Guide; A computer, scanner and internet…
In order to file an income tax return with the Federal Board of Revenue (FBR) in Pakistan, you will need to follow these steps: Obtain a National Tax Number (NTN)…