Month: September 2021
New Penalty Provisions relating to non-integrated Tier-1 Retailers
The FBR has been empowered to require any person or classes of person to integrate their invoice issuing system machines… Read More
Additional income tax slapped on electricity bills of non-filer professionals
ADVANCE TAX ON ELECTRICITY - SECTION 235(1A), DIVISION IV, PART IV, FIRST SCHEDULE As per Section 235 of the Income… Read More
FBR categorically rejected news of extension in date of filing income tax returns
A spokesman for the Federal Board of Revenue has vehemently denied reports in some newspapers of extending the date for… Read More
Non-Banking Foreign Remittance Channels Legalizes by Third amendment Ordinance 2021
The government has given legal cover to foreign remittances through Money Service Bureaus (MCBs), Exchange Companies (ECs) and Money Transfer… Read More
Highlights on Tax Laws Third Amendment Ordinance, 2021
Compulsory Digitized Payment for Expenditure by Companies: This is a highly discussed amendment made in the tax laws for the… Read More
NADRA empowered to use artificial intelligence to increase tax base
National Database and Registration Authority (NADRA) has been empowered by government to compute income and tax liability of any citizen… Read More
FBR considering to allow corporate sector a grace period to adopt digital payments
Federal Board of Revenue (FBR) is considering allowing the corporate taxpayers a grace period of 40 days to switch over… Read More
K Electric Tax Certificate 2021 | Download K Electric Tax Deduction Certificate Online Live App, WhatsApp and 118 Helpline
How do I get a tax certificate from K Electric? / How will I get my Advance Tax Deduction certificate?… Read More
Zong tax certificate 2021 | Zong e-care tax deduction certificate
Zong Tax Certificate Each network of Pakistan has launched e-care, tech app, SMS and WhatsApp services to download tax certificate… Read More
Tax Terms Glossary | Tax Terminology | Tax Legal Definitions
The online tax glossary is here to help you understand terms which may be unfamiliar, and to get tax terms… Read More