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Today's Paper | December 19, 2024

Published 07 Dec, 2024 07:01am

Single tax return for oil, gas firms

ISLAMABAD: The Federal Board of Revenue (FBR) and the provincial revenue authorities have unanimously agreed to extend the scope of Single Sales Tax Return (SSTR) to two additional sectors to facilitate the taxpayers.

An official announcement of the FBR said that as per agreement the SSTR will now apply to oil and gas companies and microfinance banks.

Taxpayers registered in these two sectors are now required to file their sales tax returns for tax period November, 2024 due in December, 2024 and onwards on Single Sales Tax Return.

All stakeholders are notified that the Single Sales Tax Return is now accessible through the Single Portal i.e. www.iris.fbr.gov.pk, added the announcement.

Published in Dawn, December 7th, 2024

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