KARACHI: Tax practitioners have expressed concerns over access to sensitive taxpayers’ information by retired tax officers and private persons, which may cause major data breaches in future. In a letter sent to Federal Board of Revenue (FBR) chairman Asim Ahmad on Monday, the Karachi Tax Bar Association (KTBA) discussed hacking of the FBR/provincial revenue authorities’ … Read more
KARACHI: The Federal Board of Revenue (FBR) has brought certain retailers into the ambit of the advance tax for their documentation and improvement in the revenue collection, official sources said on Monday. The sources said the retailers who have been brought into the ambit of the advance tax included pharmaceuticals; poultry and animal feed; edible … Read more
KARACHI: The Sindh Revenue Board (SRB) on Friday extended the date for various service providers to claim the benefits under the normal tax regime up to July 30, 2021. A circular issued by the provincial revenue authority said the provincial revenue board had allowed the eligible taxpayers to submit their online election/option forms by Friday, … Read more
Prime Minister PM Imran Khan has said that the taxpayers of the country deserve to be praised and more incentives should be provided to them in the system. He was presiding over a briefing on tax reforms in Islamabad on Sunday. The meeting was informed that during the first six months of the current fiscal … Read more
