Tag: #TaxCollection
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2.1 MILLION PEOPLE ACROSS THE COUNTRY IS IN FBR’s RADAR; NOTICES SERVED
The Federal Board of Revenue has issued tax notices to 2.1 million people across the country Notices have been served by the FBR authorities to individuals who either didn’t file their returns, misinformed the tax authorities, or hid their income. The number of tax filers in Pakistan has increased to 2,623,000, according to the FBR.…
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Three Years Jail Time on Sales Tax Registration Failure
A person who makes taxable supplies but fails to get sales tax registration shall be liable to pay fine and penalties besides the person is also liable to imprisonment up to three years.d Under Sales Tax Act, 1990, any person who is required to apply for registration under the Act fails to make an…
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Good news for the citizens of Islamabad
ISLAMABAD: The Islamabad High Court (IHC) has ordered the Metropolitan Corporation to levy tax on old rates. “Tax collection is not the prerogative of CDA, Metropolitan Corporation should collect it”, Court said. Bike Lifter Gang Arrested in Pakistan PTI Using All Resources to Benefit the Economy Meera’s latest crisis, offers prize money Indian ploy can…
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Excise Department Sets New Record: Over Rs 1.5 billion Tax Collected in July
The Excise Department has set a new record of collecting over Rs 1.5 billion tax in July.