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FBR to launch single tax portal for filers

ISLAMABAD: In a major development, the Federal Board of Revenue (FBR) and four provinces have agreed to introduce an online portal facility for taxpayers to file their sales tax returns of goods and services as part of the government’s ease of doing …Read more





FBR to launch single tax portal for filers

ISLAMABAD In a major development the Federal Board of Revenue FBR and four provinces have agreed to introduce an online portal facility for taxpayers to file their sales tax returns of goods and services as part of the governments ease of doing
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Budget 2019 gives importance to providing liquidity for small and medium enterprises

Interestingly the government has also proposed a payment portal filled income tax return to a simplified single monthly GST return Moreover it shall now suffice for taxpayer having an annual turnover of less than Rs 5 crore to file quarterly GST
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Centre provinces agree on uniform GST return for goods and services

The Centre and provinces have not yet formally signed memorandum of understanding MoU but now the Federal Board of Revenue FBR hasconvened meeting of Steering Committee for Single Portal under is ready for filing of single sales tax returns into
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FEBR calls for legislation to safeguard existing taxpayers

The Friends of Economic and Business Reforms FEBR President Kashif Anwar has called for legislations through parliament to safeguard the rights of existing taxpayers asking the government to also launch file statements A single online integrated
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Online tax profiling system for 53m people unveiled

State Minister for Revenue Hammad Azhar flanked by Federal Board of Revenue FBR chairman Shabbar Zaidi announced the launch FBR portal taxpayers who are already registered with the FBR can use their Iris login account used for filing tax returns
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Budget 2019 Angel investors missed governments attention so far but expect Nirmala Sitharaman to iron out these wrinkles

It will enable start-ups to get funding without affecting governmental revenues Removal of Section 56 Post-February 21 notification DPIIT-registered start-ups have been exempted from angel tax single hassle-free and faster document filing portal
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