Federal Excise Duty

Last week, the federal government finally passed the Finance (Supplementary) Bill 2021, also known as mini-budget. Under the new bill, the Federal Excise Duty (FED) and Sales Tax were revised on locally…

And the wait is finally over; the federal government has passed the Finance (Supplementary) Bill 2021, also known as mini-budget, from National Assembly. If you remember, the government proposed several Federal…

The Federal Board of Revenue (FBR) has increased regulatory duty (RD) on imported vehicles above 1800cc from 10 to 20%. In a statutory regulatory order (S.R.O) 1265(1)/2018 issued by the authority on 16th…