FBR amends Section 122 of IT Ordinance regarding time limit for proceedings
The Federal Board of Revenue (FBR) will enforce new amendment to Section 122 of the Income Tax…
How to Register and login at FBR IRIS ? How to Get NTN Registration ?
Online NTN registration facility is available for unregistered taxpayers through FBR Iris portal of…
Highlights on Tax Laws Third Amendment Ordinance, 2021
Compulsory Digitized Payment for Expenditure by Companies:This is a highly discussed amendment…
Changes to offences and penalties under Finance Act 2021
The Income Tax (Second Amendment) Ordinance, 2021 promulgated in March 2021 was proposed to be made…
Update Business Bank Accounts to avoid Penalty after due date
In order to promote documentation and to streamline action, the concept of business bank account has…
Taxpayers to update profile to remain in ATL and skip fine
Taxpayers are required to update their profile by June 30, 2021, to avoid penalty and exclusion from…
Taxpayers to update profile to avoid penalty, and exclusion from ATL
FBR advised to Taxpayers to update their profile by March 31, 2021 to avoid any penalty and further…
Tax Profiles updation not required to salaried taxpayers: FBR
The Federal Board of Revenue (FBR) has issued a legal explanation that “salaried…
Income Tax on Foreign Remittance in Pakistan 2022
Income Tax on Foreign Remittance in Pakistan 2022Through the study of the Income Tax Ordinance…
Taxpayers Profiling: Submit otherwise ready to be inactive
The return filers now require to submit “Taxpayer’s Profile”. These include…
