{"id":68631,"date":"2020-07-29T10:00:00","date_gmt":"2020-07-29T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=68631"},"modified":"2020-07-28T17:41:47","modified_gmt":"2020-07-28T12:41:47","slug":"fbr-sales-tax-portal-cover-most-documented-sectors-first-phase","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-sales-tax-portal-cover-most-documented-sectors-first-phase.html","title":{"rendered":"FBR\u2019s sales tax portal to cover most-documented sectors in first phase"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) on Monday stated that the first phase of its single portal launch for filing sales tax would cover the national economy&#8217;s most-documented sectors, a news source reported. These include the &#8216;most organised and compliant&#8217; sectors such as banking, insurance, and telecom.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-details-construction-industry-relief-package.html\" target=\"_blank\" rel=\"noreferrer noopener\">D<\/a><a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/fbr-details-construction-industry-relief-package.html\" target=\"_blank\">etails on historic relief package announced for construction industry<\/a><\/p>\n\n\n\n<p>FBR officials said that the pilot phase of the sales tax portal would determine the effectiveness of the system. A joint meeting of FBR and all provincial revenue authorities discussed the common portal\/single return and other tax-oriented issues. Representatives of the provincial bodies expressed their willingness to cooperate with FBR for running the pilot phase of the project.<\/p>\n\n\n\n<p>The said portal will facilitate the taxpayers by allowing them to upload data on a single platform. The portal will then prepare the return based on the data provided and forward it to the relevant jurisdiction. The amount deposited will be credited to the respective jurisdiction.<\/p>\n\n\n\n<p><strong>Read:<\/strong><a href=\"https:\/\/www.zameen.com\/news\/president-promulgates-tax-laws-ordinance-2020-construction-industry.html\" target=\"_blank\" rel=\"noreferrer noopener\"> President promulgates Tax Laws Ordinance, 2020 for construction industry<\/a><\/p>\n\n\n\n<p>To use the portal, the taxpayers will centrally register with the FBR indicating relevant jurisdictions and receive a unique identified based on NTN\/CNIC. Jurisdictions would not be able to view each other\u2019s data except where authorised.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) on Monday stated that the first phase of its single portal launch for filing sales tax would cover the national economy&#8217;s most-documented sectors, a news source reported. These include the &#8216;most organised and compliant&#8217; sectors such as banking, insurance, and telecom. Read: Details on historic relief package announced for construction industry FBR officials said that the pilot phase of the sales tax portal would determine the effectiveness of the system. A joint meeting of FBR and all provincial revenue authorities discussed the common portal\/single return and other tax-oriented issues. Representatives of the provincial bodies expressed their willingness to cooperate with FBR for running the pilot phase of the project. The said portal will facilitate the taxpayers by allowing them to upload data on a single platform. The portal will then prepare the return based on the data provided and forward it to the relevant jurisdiction. The amount deposited will be credited to the respective jurisdiction. Read: President promulgates Tax Laws Ordinance, 2020 for construction industry To use the portal, the taxpayers will centrally register with the FBR indicating relevant jurisdictions and receive a unique identified based on NTN\/CNIC. Jurisdictions would not be able&hellip;<\/p>\n","protected":false},"author":68,"featured_media":59990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[35872],"persona":[],"class_list":{"0":"post-68631","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-details-on-fbrs-sales-tax-portal-to-cover-most-documented-sectors-in-first-phase","9":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Single sales tax portal pilot phase to cover few sectors - Zameen News<\/title>\n<meta name=\"description\" content=\"The FBR on Monday stated that the first phase of its single portal launch for filing sales tax would cover the national economy&#039;s most-documented sectors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-sales-tax-portal-cover-most-documented-sectors-first-phase.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Single sales tax portal pilot phase to cover few sectors - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The FBR on Monday stated that the first phase of its single portal launch for filing sales tax would cover the national economy&#039;s most-documented sectors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-sales-tax-portal-cover-most-documented-sectors-first-phase.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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