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Government of Pakistan
Revenue Division
Federal Board of Revenue
****
Islamabad, the 25th April 2019.NOTIFICATION
(Sales Tax)S.R.O. 488(I)/2019. In exercise of the powers conferred by subsection (13)
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The exercise of form is a specific tax form or document that must be submitted by individuals or entities when exercising certain rights or privileges, such as stock options or other financial instruments.
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Individuals or entities that engage in activities requiring the exercise of rights, such as employees exercising stock options, are typically required to file the exercise of form.
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To fill out the exercise of form, provide necessary personal information, details about the financial instrument being exercised, and any relevant transaction data as required by the form's instructions.
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Information that must be reported includes personal details, the type of instrument exercised, the number of units, the exercise price, and any gains or losses incurred.
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