KARACHI: Federal Board of Revenue (FBR) has allowed zero-rated sales tax on supply of electricity to an industrial unit.
The FBR, exercising powers conferred upon it by clause (d) of section 4 of the Sales Tax Act, 1990, made the following further amendments in its Sales Tax General Order No 17 of 2007 dated September 13, 2007. Under the amendments, in the Table, serial number 2749 in column (3) for the figures “2400404513319” and “2400404549910, will be substituted.
GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...
LAHORE: Lahore Chamber of Commerce and Industry hosted a seminar titled “Enhancing Pakistan-Libya Trade and Economic Cooperation”, attended by Major...
KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest...
ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...
