Finance Bill

No Tax On Cash Sales Over Rs 200k Clarifies Fbr

No Tax on Cash Sales Over Rs. 200K, Clarifies FBR

By Huma Ishfaq ⏐ 5 months ago ⏐

2 min read

The Federal Board of Revenue (FBR) has officially denied imposing a 20.5% tax on cash transactions exceeding Rs. 200,000. This clarification comes amid widespread confusion…