Daily Archives: May 3, 2017

FBR motivates taxpayers to avail benefits of ADR mechanism

ISLAMABAD: Federal Board of Revenue (FBR) has motivated taxpayers to resolve their issues through Alternate Dispute Resolution (ADR) mechanism, which will help taxpayers from unnecessary litigation.

Budget Proposals 2017/2018: Lubricating oil distributors should be allowed charging sales tax

KARACHI: Federal Board of Revenue (FBR) has been urged to allow distributors of lubricating oils to charge sales tax on their supplies.

Budget Proposals 2017/2018: E&P sector seeks corporate tax rate similar to other sectors

KARACHI: Oil and Gas Exploration and Production Sector has urged the Federal Board of Revenue (FBR) to reduce the corporate tax rate for the sector as international oil prices have fallen massively.