Two restaurants sealed over tax fraud in Islamabad
The Federal Board of Revenue (FBR) has sealed two restaurants for issuing fake sales receipts in Islamabad.
New federal excise duty on property transactions announced by FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a new Federal Excise Duty (FED) on property transactions, effective immediately. Under the updated Federal Excise Act 2005, a 3 percent FED will be applied to the allotment or transfer of commercial properties and the first allotment or first transfer of
