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PM praises FBR for achieving 41pc growth in March
Prime Minister Imran Khan on Wednesday commended the Federal Board of Revenue (FBR) for posting an unprecedented 41 percent growth in revenue collection by March 2021.“I commend the efforts of FBR, I even have achieved a historic growth of 41 percent in March 2021 with recorded shares of Rs460 billion,” the prime minister said during…
FBR Tax Extension date up to 31st March 2021
The Federal Board of Revenue announces the new date for tax extension last Wednesday for taxpayers to update their profiling up to 31st March 2021. A new section 114A has been added into the Income-tax ordinance 2001 for taxpayers to update their profiles. As per Section 114A, it states: Section 114A: Taxpayer’s profile. (1) Subject…
Documenting economy: FBR urged to use data of bourse, the property market
Pakistan Business Council (PBC) has asked the Federal Board of Revenue (FBR) to use stock market/property data and the National Database and Registration Authority (Nadra) information for documenting the economy and providing a level-playing field to the domestic manufacturing from the next fiscal year. According to the budget proposals of the PBC for 2020-21, the…
IMPACT ON RETAIL PETROLEUM PRICES OF GLOBAL OIL CRASH
Also Check:How to become a FilerHow to check FBR Filer StatusWho is filer and non-filer?
Extension in date for submission of Sales tax..
Also Check:How to become a FilerHow to check FBR Filer StatusWho is filer and non-filer?
‘Business activities to continue till May 31 as per notified timings’
Business activities all over Sindh will continue till May 31 as per the directives of the Supreme Court of Pakistan, said Minister for Information Syed Nasir Shah in a statement issued here on Thursday. The federal government, in consultation with all the provincial governments, has imposed a lockdown till May 31. The Supreme Court, hearing…