BUDGETAugust 18, 2021Changes to offences and penalties under Finance Act 2021 By Admin The Income Tax (Second Amendment) Ordinance, 2021 promulgated in March 2021 was proposed to be made…Read more
UPDATESNovember 30, 2021Development authorities banned from doing business with unregistered real estate agents By Admin ISLAMABAD: The government has barred all public and private development authorities from doing…Read more
UPDATESOctober 7, 2021Major changes in NAB Ordinance By Admin Major changes in NAB Ordinance under the National Accountability Bureau Amendment Ordinance (NAO)…Read more
BLOGSeptember 18, 2021Tax Terms Glossary | Tax Terminology | Tax Legal Definitions By Admin The online tax glossary is here to help you understand terms which may be unfamiliar, and to get tax…Read more
UPDATESSeptember 15, 2021Separate FBR Iris portal for overseas Pakistanis for Income Tax Return filing By Admin Federal Board of Revenue (FBR) on Tuesday issues press release and announced that a separate FBR…Read more
TAXATIONSeptember 8, 2021Last date to filing income tax return and penalty for non filing By Admin TAX PERIOD FOR INCOME TAX RETURNIncome Tax Return relates to a specific tax year. A tax year is…Read more
TAXATIONAugust 28, 2021FBR issues Manual Income Tax Return Forms for Individual and AOPs for Tax Year 2021 By Admin The Federal Board of Revenue (FBR) on Friday issued manual income tax returns forms for tax year…Read more
TAXATIONAugust 12, 2021Deadline and penalty for Tier-1 retailers and other tax provisions relating there to By Admin FBR directs Tier-1 Retailers to integrate with revenue authority till August 15.The Federal…Read more
BUDGETJuly 25, 2021Update Business Bank Accounts to avoid Penalty after due date By Admin In order to promote documentation and to streamline action, the concept of business bank account has…Read more
BUDGETJune 19, 2021Govt decides to withdraw arrestment powers on concealment of Income By Admin The government has finally taken the decision to remove all income tax provisions from the Finance…Read more