1. Federal govt exempt penalty and default surcharge
2 cost of reference to high court is of the discretion of high court
3 delayed refund payable at KIBOR p.a
4 inland revenue officer not rank of asst commissioner issue duplicate sales tax document
5 Special procedures of sales tax allowed by Federal Government
6 Buyer cannot claim input tax if credit transaction amount is not paid within 180 of issuance of invoice
7 At least one special Judge to be appointed under ST act
8 board or commissioner appoint auditors for special audit
9 Income from hire or lease of tangible movable property is "income from business "
10 income from other sources includes royalty, dividend, profit on debt, ground rent ,lease of building with plant and machinery ,pension ,gratuity
11 no loss recognize on disposal of following capital assets painting ,jewelry ,coins ,antique
12 on cement FED is Rs 1 per kg
13 Capital gain tax is 10 % for five years on immovable property now
14 Tax credit for employment generation is two person up June 2019
15 tax credit for sales to registered person is 3% now
16 Threshold for cottage industry is now 10 million
17 Gowadar free zone is exempted from sales tax and FED for 23 years
18 Tax credit for new established undertaking is 100 5 from July 2011 to June 2016
19 Speculation business loss only set off against speculative income

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"The greatest glory in living lies not in never falling ,but in rising every time we fall". (Nelson Mandela)