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Jasim Uddin

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    Eighteen steps to develop bond market recommended

    Jasim Uddin | Updated at 12:19am on July 21, 2019

    A finance ministry committee has made 18-point recommendations to develop the country’s bond market, including rationalisaiton of taxation and process simplification. The interministerial committee, headed...

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    VAT returns submission online begins in Aug

    Jasim Uddin | Updated at 12:00am on July 17, 2019

    Businesses will be able to avail the facility of online payment of value-added tax and submission of VAT returns from next month. VAT Online Project...

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    PPPA seeks tax holiday for projects under 9 more categories

    Jasim Uddin | Updated at 12:00am on July 16, 2019

    The Public Private Partnership Authority has requested the National Board of Revenue to give tax holiday to PPP projects under eight more categories, including utilities...

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    NBR sets uniform minimum import value of 700 products

    Jasim Uddin | Updated at 12:50am on July 14, 2019

    The National Board of Revenue has set uniform minimum import value of more than 700 products of all countries for customs assessment scrapping the country-specific...

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    NBR orders refunding VAT to eligible businesses

    Jasim Uddin | Updated at 12:00am on July 12, 2019

    The National Board of Revenue on Thursday asked its field-level value-added tax offices to take necessary steps to provide cash refund of VAT to businesses...

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    Company taxpayers must provide detailed business info in returns

    Jasim Uddin | Updated at 12:00am on July 11, 2019

    The National Board of Revenue has introduced a new income tax returns form for company taxpayers, making it mandatory for the taxpayers to provide with...

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    VAT to be included in transaction prices

    Jasim Uddin | Updated at 12:00am on July 07, 2019

    The amount of value-added tax would be included in the transaction prices of goods and services under the VAT and Supplementary Duty Act 2012 which...

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    Businesses must update e-BINs by July 31: NBR

    Jasim Uddin | Updated at 12:00am on July 04, 2019

    Businesses will have to update their information with the VAT online system database by July 31 to keep their online business identification numbers (e-BINs) active....

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    11 more service providers must use EFD

    Jasim Uddin | Updated at 12:00am on June 23, 2019

    National Board of Revenue has made the use of electronic fiscal device (EFD) mandatory for 11 new types of service providers having annual turnover over...

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    Car manufacturers get VAT, SD waiver for raw material import

    Jasim Uddin | Updated at 12:10am on June 21, 2019

    The National Board of Revenue has exempted automobile manufacturers from payment of value-added tax and supplementary duty on import of raw materials and spare parts...

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