JAMMU - Jammu and Kashmir government has introduced a bill to amend the Jammu and Kashmir Value Added Tax Act, 2005, to provide relief to traders of cross-LoC trade between two sides of Line of Control.Minister for Finance and Ladakh Affairs, Abdul Rahim Rather introduced a “Bill to amend the ...

Federal Board of Revenue (FBR) is all set to implement Value Added Tax (VAT) from next fiscal year, Chairman Board Sohail Ahmed told a news conference here Thursday. Ahmed said all the necessary arrangements for VAT collection have been finalized and the new tax system would come into effect from ...