Within third month of passage of Finance Act, 2021, the Government felt the need of introducing amendments in the Tax…
Search Results for: Third Amendment Ordinance 2021
The government has given legal cover to foreign remittances through Money Service Bureaus (MCBs), Exchange Companies (ECs) and Money Transfer…
Compulsory Digitized Payment for Expenditure by Companies: This is a highly discussed amendment made in the tax laws for the…
A penalty of Rs1,000 each day of default has been implemented from Saturday after the expiry of return filing date…
The Federal Board of Revenue (FBR) has clarified that a person who fails to file the return within the due…
Under section 13 of The Sales Tax Act 1990, the Sixth Schedule of the Sales Tax Act, 1990 specifically and…
The government presented the next fiscal year’s (2021-2022) budget with a total volume of over Rs. 8 trillion. While presenting…
Federal Board of Revenue (FBR) through Tax Laws (Second Amendment) Ordinance, 2021 have withdrawn tax exemptions from total income. Which…
To explain the term digital means, amendments have been made to Income Tax Ordinance 2001. A Clause 17B of Section…
National Database and Registration Authority (NADRA) has been empowered by government to compute income and tax liability of any citizen…
