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Punjab Revenue Authority Expands Single Sales Tax Return to Include More Sectors

  • Punjab Revenue Authority extends Single Sales Tax Return to include Oil and Gas sector and Microfinance Banking sector
  • Initially launched in February for the Telecommunication sector
  • Simplifies tax filing by consolidating multiple returns into a single online submission
  • Previously required filing separate returns with different provincial authorities and the Federal Board of Revenue
  • Expansion follows successful pilot in the Telecommunication sector

Source: nation.com.pk

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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