Wednesday, 28 February 2024
Trending
online-payment-of-taxes-fbr
UPDATES

e-payment limit of taxes abolished

Payment of customs duty and taxes of more than Rs 1 million will also be accepted through e-payment after January 20.

To this end, a joint meeting has been convened by the State Bank of Pakistan through video link at the request of the Karachi Customs Agents Association. (KCAA). Attended by more than 60 regional heads of all the nominated banks and representatives of the association on the second day. Decision taken in meeting that for payment of duties and taxes, any amount can be paid by check at any branch of the same bank for issuance of pay order by using PSID. However, in case of any differences, the additional tax will be collected in cash. If tax is less than the check amount, the additional amount will be credited to the taxpayer’s account.

If you want to become active tax filer or want to get tax, accounting and corporate services in Pakistan then we are here to provide you professional services! Call: 0092-3334875413 | www.globaltaxconsultants.pk

“Without limit taxpayers now allowed to pay any amount like customs duty and tax”. He said, adding that corporate customers also allowed to pay through traditional banking (pay orders and checks). If they are unable to pay taxes and duties online. But if the corporate sector can manage e-payment, this facility will also be available to them.

See also  Deadline for Digital Mode of Payments Proposed to further extend

Banks agreed to provide data to FBR regarding withdrawals, deposits, credit card payments and loan | ALSO READ

It also decided to provide all facilities to the corporate sector including online banking, ATM cards etc. Further added that Standard Chartered, Samba Bank etc. have already provided online facilities to the corporate sector.

Top-Tax-Consultants-Lahore-Pakistan-Global-Tax-Consultants
A d v e r t i s e m e n t

Earlier the taxpayers faced a delay of 2 to 3 days in getting the acknowledgment slip of tax payments. If the legal payment completed through e-payment and now the issue resolved during the meeting. Due to which the direction of the competent authority could be ensured. Generation of real-time acknowledgment payment vouchers.

Source | Online Tax payments | e-Payment of taxes | Payment of Taxes | Banks | State Bank of Pakistan | FBR | Federal Board of Revenue |

LATEST POSTS

  • Profit Rates on Behbood Saving Certificates 2024
    Profit Rates on Behbood Saving Certificates 2024 Profit Rates on Behbood Saving Certificates 2024. Central Directorate of National Savings has recently revised the profit rates on different National Savings investment schemes. As per the the notification issued by the Ministry…
  • Prize Bond Schedule 2024 Online Check
    Prize Bond Schedule 2024 Online Check Prize Bond Schedule 2024 Online Check. Government of Pakistan, Central Directorate of National Savings has recently issued prize bond draw schedule for the year 2024. Prize Bond schedule 2024 has been issued both for…
  • How to get Learning Driving License / Permit
    How to get Learning Driving License / Permit How to get Learning Driving License / Permit. Now you do not need to visit to a driving license center and wait and stand in que to get your learning license. There…
  • 114B of Income Tax Ordinance 2001: FBR Powers to Enforce Filing of Returns
    114B of Income Tax Ordinance 2001: FBR Powers to Enforce Filing of Returns 114B of Income Tax Ordinance 2001: FBR Powers to Enforce Filing of Returns. New section 114B added through Finance Act, 2022. Whereby, FBR has been given powers…
  • FBR issued Notices Under Section 114(4) of Income Tax Ordinance 2001
    FBR issued Notices Under Section 114(4) of Income Tax Ordinance 2001 FBR issued Notices Under Section 114(4) of Income Tax Ordinance 2001. For tax year 2023, the extended date to file tax return was 31st October 2023. FBR then issued…
  • 25000 Premium Prize Bond List Draw Result 11 December 2023
    25000 Premium Prize Bond List Draw Result 11 December 2023 25000 Premium Prize Bond List Draw Result 11 December 2023. Yesterday Rs 25000 premium prize bond draw was held and the Directorate of National savings has issued full list of winners of prizes….

Newsletter
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"]

Tax.net.pk - Your Tax Experts and Consultants

Welcome to Tax.net.pk

Providing Expert Tax Services for Individuals and Businesses

About Us

At Tax.net.pk, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: