In an effort to streamline tax administration and promote compliance, the Federal Board of Revenue (FBR) has recently released an updated definition of an active taxpayer under the Sales Tax Act, 1990.The definition, effective from July 1, 2023, aims to identify registered individuals who meet specific criteria and are not associated with certain disqualifying factors.
Source: pkrevenue.com
Latest Posts in "Pakistan"
- Pakistan FBR Mandates Online Sales Tax De-Registration Applications Only
- Pakistan updates e-invoicing deadlines for corporate taxpayers and importers
- Belgium Extends VAT Chain Transitional Period Indefinitely Due to Implementation Postponement
- Pakistan Announces New October 2025 Timetable for E-Invoicing
- Pakistan Announces Phased E-Invoice System Rollout for 2025-2026 to Boost Tax Compliance