Tax Consultant

17/01/2013

The Federal Board of Revenue will give a unique opportunity to tax dodgers to opt for out-of-court settlement for resolution of tax-related disputes i

17/01/2013

All imports and exports of the country would be simultaneously switched to Web-Based One Customs (WeBOC) clearance system from February 28, 2013. Sour

17/01/2013

Non-resident companies are likely to be provided tax relief and situations in which capital gains is not taxable in the cases of resident companies wi

17/01/2013

While setting aside all audit notices issued for tax year 2011, the Lahore High Court (LHC) has directed the Federal Board of Revenue (FBR) to initiat

22/11/2012

provisional tax assessment model initiative fbr working out tax liability of 38 million persons

The Federal Board of Revenue has been actively engaged in finalising a new `Provisional Tax Assessment Model` to work out the tax liability of 3.8 mil

22/11/2012

Poultry industry: FBR grants ST exemption on machinery import

22/11/2012

Poultry industry: FBR grants ST exemption on machinery import

The Federal Board of Revenue has granted sales tax exemption on the import of machinery used by poultry industry at any stage under SRO 727(I)/2011. S

14/11/2012

List of individuals and AOPs selected for Composite Audit TY 2012-13

14/11/2012

List of companies selected for Composite Audit TY 2012-13

12/11/2012

Computerized Balloting is being Done Today at FBR House Islamabad

The FBR has finalised arrangements for the parametric selection of income tax and sales tax cases via computerised balloting on November 13 in a bid t

12/11/2012

FBR decided to implement Risk Management System of STARR (Refund) on Monthly Sales Tax Return for admissibility of Input tax to cater irrelevant input tax

The successful running of risk-based parametric system on the sales tax returns would play a key role in controlling inadmissible input tax adjustment

12/11/2012

The Federal Board of Revenue has issued a stern warning to the Chief Commissioners of Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) to u