ISLAMABAD: Notices were issued by the Federal Board of Revenue (FBR) to 228 garment and boutique shops, asking them to register themselves with the tax department.
While scrutinising data, the names of these shops were detected, which showed that these outlets were not registered with the income tax and sales tax departments, informed FBR spokesperson Dr Hamid Ateeq.
He further informed that all the regional tax offices had been directed to identify outlets across the country that aren’t registered. They will be issued notices for registration with the FBR.
To file for last tax year 2018, the date has been extended till August 9 by the FBR, as regular notices will be issued after August 9.
He further added that the sum amount received by tax returns was Rs2.4 million and expressed that the number would reach Rs2.5 million. This will be the highest in the country’s history, by August 9.
The FBR has already clarified that sales tax can only be recovered from the customer if the supplier is registered for sales tax purposes, and the sales tax registration number is reflected on the invoice/receipt issued to the customer.
In a landmark reform, Saudi Arabia will begin allowing foreign nationals and companies to purchase…
ISLAMABAD: The federal government has officially enacted the Virtual Assets Ordinance, 2025, establishing a dedicated…
In a major step toward making homeownership more accessible, Finance Minister Muhammad Aurangzeb has introduced…
Dubai’s property market has recorded an exceptional first half of 2025, with residential real estate…
LONDON: British Pakistani entrepreneur Shafiq Akbar was honoured at the UK Parliament in recognition of…
Peshawar: In a landmark move, the Khyber Pakhtunkhwa (KP) government is set to launch its…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
