TAXATIONApril 6, 2021List of exemptions from total income withdrawn through Second Amendment Ordinance By Admin Federal Board of Revenue (FBR) through Tax Laws (Second Amendment) Ordinance, 2021 have withdrawn…Read more
TAXATIONMarch 19, 2021PTI decided to abolish Income Tax Exemptions through Presidential Ordinance By Admin The federal government of Pakistan Tehreek-e-Insaf (PTI) has decided to abolish income tax exemption…Read more
UPDATESNovember 30, 2022What is Section 154A 1% Tax on IT Export Services By Admin What is Section 154A 1% Tax on IT Export ServicesWhat is Section 154A 1% Tax on IT Export…Read more
TAXATIONAugust 24, 2022Tax Exemption Granted to Donations for Prime Minister Flood Relief Fund By Admin Tax Exemption Granted to Donations for Prime Minister Flood Relief FundTax Exemption Granted to…Read more
BLOGNovember 21, 2021Tax rates on motor vehicles during tax year 2022 By Admin Tax rates on motor vehicles during tax year 2022The rates of income tax on motor vehicles for…Read more
BUDGETSeptember 17, 2021Finance Act 2021: fixed allowance to be treated as salary for income tax deduction By Admin Amendments in Finance Act 2021 regarding Salary Income“Provisions of clause (c) of sub-section…Read more
BLOGSeptember 17, 2021Salary tax calculator | Salary tax slabs | Salary Tax Rates | Tax Card | 2021-2022 | By Admin As per Finance Act 2021 presented by Government of Pakistan, following salary tax slabs of salaried…Read more
UPDATESAugust 3, 2021Govt Considers to end 1% Bank Deduction on IT Export Remittance By Admin The government is considering over stopping banks from deducting 1% or 2% percent tax on IT foreign…Read more
BUDGETJuly 31, 2021KTBA urges FBR to issue directions to banks to stop withholding tax deduction on IT exports By Admin Karachi Tax Bar Association (KTBA) urges the Federal Board of Revenue (FBR) to issue fresh…Read more
TAXATIONJuly 30, 2021Taxation and changes for IT and IT enabled services, startups and freelancers By Admin Let us see the taxation of IT and IT enabled services, freelancer and startups. Both income tax and…Read more