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A new development has been put forward by the Federal Board of Revenue FBR by launching Single Sales Tax return portal across the country. This vital breakthrough is aimed at facilitating the taxpayers, promoting ease of doing business and to reduce compliance costs. This leads to a keynote and cornerstone achievement of the FBR with

Hey there, business owners! Have you checked out the latest updates to the Sindh Sales Tax on Services Act? The Sindh Sales tax on Services (Amendment) Act, 2021 has brought some important changes that you definitely need to know about, as they could affect your business’s finances and operations. First up, there’s a new term you should

Sales Tax in Pakistan was regulated even before the formal establishment of Pakistan; for decades, the Sales Tax was based upon a very general concept, but in the late ’90s, some amendments had been made. Sales Tax then changed into Value Added Tax (VAT). The VAT system had been very successful in the UK; then, attempts

Filing a Null or Zero Return in Pakistan In Pakistan, there is a common misconception that if a business has no business activity during a tax period, then the taxpayer is not liable to file a monthly sales tax return for the same. This blog post will provide an overview of what is null filing of sales tax