The federal government on Thursday increased prices of all petroleum products. For next fortnight effective from mid-night of January 01,…
Tax Potential and its Compliances in Pakistan Pakistan has a potential of a big economy. About 38% of Pakistanis live…
Retailers registered with the Federal Board of Revenue (FBR) have begun obtaining details of computerized national identity cards (CNICs) from…
Every cash transaction for sale or purchase of housing units worth more than Rs. 2 million must be reported under…
The FBR has directed the field formations to immediately pay all income tax refunds. Filed under section 170 of the…
Forty percent (40%) of the taxpayers registered with the Sales Tax Directorate do not submit their sales tax forms. They…
With the end of the last month of the year 2020, you have only few days left to file annual…
Extension of time for furnishing income tax returns and other documents. After first extension of 15 days by the commissioner,…
State Bank of Pakistan (SBP) recently issued updated list of chartered accountants firms / audit firms, which can conduct audit…
Income Tax on Foreign Remittance in Pakistan 2022 Through the study of the Income Tax Ordinance, 2001 in general and…