Grey House Consultancy

Home
Grey House Consultancy

Are you looking for Below services?

Look no more!
- Company Registration
- Tax Returns
- Bookkeeping/Accounting/Payroll
- Website/Digital Marketing/Logo Design
- Patent Registration (Logo, Trademark)
- ERP implementation (QuickBooks, SAP, Oracle, Zero)

12/07/2022

06/07/2022

17/01/2022

Apply Now

09/12/2021

FBR registers FIR against Metro Shoes on allegations of tax evasion, fraud
Metro Shoes is one of the largest retail brands of ladies shoes and accessories in Pakistan

ISLAMABAD: The Federal Board of Revenue’s (FBR) enforcement zone of Large Taxpayers’ Office Islamabad on Thursday registered an FIR against Metro Shoes, on allegations of tax evasion and tax fraud worth hundreds of millions of rupees.

This is the first FIR registered in a case involving POS under the Sales Tax Act after the introduction of a mandatory integration of POS for all Tier-1 retailers in the country.

It is pertinent to note that Metro Shoes is one of the largest retail brands of ladies shoes and accessories in Pakistan having more than 45 branches spread over the country.

08/12/2021

PROPERTY TAX UPDATE!

30/11/2021

FBR tightens noose around real estate agents, developers
No public or private development authority shall conduct business with agents who are unregistered with the FBR as a DNFBP.

By Staff Report

ISLAMABAD: The Federal Board of Revenue (FBR) has ordered real estate agents, builders and developers to obtain registration certificates before January 1, 2022, for continuing business operations.

FBR is pleased to impose the condition on all real estate development authorities, cooperative housing societies, and all other housing societies, schemes and firms dealing in the real estate, a notification in this regard states.

As per details, the Anti-Money Laundering Act, 2010 empowers FBR to license or register its reporting entities (R0s) namely, Designated Non-Financial Businesses and Professions (DNFBPs), impose conditions on any activities by DNFBPs to prevent the offences of money laundering, predicate offences or financing of terrorism through issuance of directions or imposing conditions under the relevant provisions of the AMLA, 2010.

The tax department further added that no public or private development authority shall conduct business activity with any real estate agent for the transfer or registration of immovable property unless the real estate agent is registered with the FBR
The above condition shall apply to all real estate agents registered or dealing with the development authorities, housing authorities, cooperative housing societies and other housing schemes dealing in land development for residential and commercial purposes, construction, and sale,purchase or transfer of ownership rights.

The agents have also been informed that any volition of this condition shall be subject to legal action.

Address

Website

http://www.greyhouseqa.com/

Alerts

Be the first to know and let us send you an email when Grey House Consultancy posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Want your business to be the top-listed Business?

Country:

City: