The Federal Board of Revenue and all the Provincial Revenue Authorities, namely Balochistan Revenue Authority (BRA), Khyber Pakhtunkhwa Revenue Authority (KPRA), Sindh Revenue Board (SRB), and Punjab Revenue Authority (PRA), have unanimously agreed to extend the scope of the Single Sales Tax Return (SSTR) to include two additional sectors: Exploration & Production (E&P) companies and microfinance banks.
This collaborative effort aims to streamline tax filing processes and enhance compliance across these vital industries.
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.
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