Daily Archives: April 10, 2017

Weekly ATL shows return filers increase to 1.11 million

KARACHI: The number of annual income tax return filers for tax year 2016 has been increased to 1.11 million, according to weekly Active Taxpayers List (ATL) issued on Monday by Federal Board of Revenue (FBR).

OICCI recommends flat rate of sales tax on services on phone usage

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed that sales tax on services on usage of telephone should be reduced to flat rate of 13 percent from existing 18 percent.