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FBR reduces sales tax on POL products on Supreme Court directives

ISLAMABAD: Federal Board of Revenue (FBR) on Saturday reduced sales tax on petroleum products on directives of Supreme Court of Pakistan for providing relief...

Hike in POL prices absorbed through reduction in sales tax rates

ISLAMABAD: The government has absorbed hike in prices of petroleum products through reduction in sales tax and passed half of the increase to end...

Budget 2018/2019: Zero-rated sales tax on five export sectors to continue

ISLAMABAD: The government has announced to continue zero-rated sales tax regime for five export sectors during fiscal year 2018/2019. Federal Minister Dr. Miftah Ismail...

Budget 2018/2019: Sales tax on agricultural machinery reduced

ISLAMABAD: The government has announced reduction of sales tax on agricultural machinery to five percent from 7 percent for the fiscal year 2018/2019. Besides...

Islamabad Chamber calls for reducing sales tax on POL products

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) has advised the government to withdraw the increase in sales tax on petroleum products in order...

POL products prices reduced, sales tax rates increased

ISLAMABAD: The government on Saturday reduced prices of petroleum products but at the same time it enhanced the sales tax rates in order to...

FBR increases sales tax on POL products

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday notified increase in sales tax on petroleum products. The FBR issued SRO 98(I)/2018 to implement the increase...

Sales tax collection from POL products down by 17.7pc: SBP

KARACHI: State Bank of Pakistan (SBP) on Thursday said that the collection of sales tax from petroleum products sharply declined by 17.7 percent in...

Cabinet approves reduction in sales tax to 6pc on import of...

ISLAMABAD: The federal cabinet on Tuesday approved reduction in sales tax to six percent from 17 percent on ready to use imported finished articles...

FBR allows input adjustment on coal supply

ISLAMABAD: Federal Board of Revenue (FBR) has allowed input adjustment on supply of coal in case the supply is made by registered persons and...

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