ISLAMABAD: Federal Board of Revenue (FBR) amended tax laws to make legal the recovery of sales tax amount directly from bank account of a tax defaulter.
The FBR issued SRO 234(I)/2021 to amend Sales Tax Rules, 2006.
Under the amendment, the FBR said that Rules 210A to 210I of the Income Tax Rules, 2002 shall, mutatis mutandis, apply to Chapter XI of the Sales Tax Rules, 2006, for the purpose of recovery of sales tax arrears through bank account attachment.
ISLAMABAD: Pakistan faces growing challenges in ensuring access to healthcare, education, and social protection as governments across Asia continue to...
KARACHI: The Federal Board of Revenue (FBR) has initiated consultations to strengthen monitoring of dyes and chemicals imported under the...
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to reduce industrial electricity tariffs...
KARACHI: The State Bank of Pakistan (SBP) received $10.9 billion in workers’ remittances during the first quarter of fiscal year...
