FBR integrates E&P, Microfinance into Single Sales Tax Return

By MG News | December 07, 2024 at 11:36 PM GMT+05:00

0:00

December 07, 2024 (MLN): The Federal Board of Revenue (FBR) and all the Provincial Revenue Authorities i.e. BRA, KPRA, SRB and PRA have unanimously agreed to extend scope of Single Sales Tax Return (SSTR) to additional two sectors i.e. E&P (Oil & Gas) Companies and Microfinance Banks.

Taxpayers registered in these two sectors are now required to file their sales tax returns for tax period November 2024 due in December 2024 and onwards on Single Sales Tax Return.

The revenue board announced this development via a press release issued on Friday.

Copyright Mettis Link News

Related News

Tier 3 URAAN Centre to steer Pakistan’s leap toward $1tr economy

Pakistan mulls smelting hub at Siah Diq to tap copper boom

CCP penalizes UDPL, IBL for anti-competitive agreement in Pharmaceutical Sector

Name	Price/Vol	%Chg/NChg
KSE100	130,686.66 280.01M	0.26% 342.63
ALLSHR	81,305.25 897.01M	0.35% 281.26
KSE30	39,945.45 114.02M	0.09% 37.19
KMI30	190,698.05 148.61M	0.61% 1163.05
KMIALLSHR	55,074.15 495.43M	0.53% 290.50
BKTi	34,568.40 28.73M	-1.07% -372.33
OGTi	28,739.35 22.59M	1.57% 443.29

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,240.00	110,525.00 110,155.00	-175.00 -0.16%
BRENT CRUDE	68.88	68.89 68.85	0.08 0.12%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	-0.75 -0.76%
ROTTERDAM COAL MONTHLY	108.45	109.80 108.45	-0.55 -0.50%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.12	67.18 67.00	0.12 0.18%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%