Building Contractors’ services below or upto Rs 4 million are exempt
SRB through its notification no SRB 3-4/10/2016 dated June 28th, 2016 exempt the Services provided or rendered by a contractor of building (including water supply, gas supply and sanitary works), or of electrical and mechanical works (including air conditioning), or of multi-disciplinary works (including turn-key projects) and similar other works, subject to the condition that the annual turnover of the person providing or rendering the contractor service does not exceed Rs. 4 million in a financial year. [Tariff Heading No. 9814.2000]
Exempt Services for SRB purposes
SRB through its notification no SRB 3-4/10/2016 dated June 28th, 2016, notified that exemption threshold of Rs. 3.6 million is enhanced from Rs 4 million
Above exemption threshold is applicable to following services
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Active Taxpayers List
Active Taxpayers List (ATL) is published by FBR on its website in compliance of Rule 81B of the Income Tax Rules, 2002, the list is updated every Sunday 24:00 hours.