Daily Archives: January 4, 2020

New Tax Ordinance Will Disrupt Fertilizer Supply in Pakistan

The Federal government has passed a Tax Ordinance on 26th December 2019, which restricts fertilizer companies from claiming input sales tax on retailing urea to unregistered dealers. The Fertilizer industry fears disruption in fertilizer supply becaus...

Tax Amendment Ordinance to promote trade: FBR

Federal Board of Revenue says the Tax Amendment Ordinance will promote trade and facilitate traders.According to a press release of the board, the Ordinance has made corrections in law to accommodate reasonable demands of traders.It said that since CNI...