TAXATIONDecember 14, 2023114B of Income Tax Ordinance 2001: FBR Powers to Enforce Filing of Returns By Admin 114B of Income Tax Ordinance 2001: FBR Powers to Enforce Filing of Returns114B of Income Tax…Read more
TAXATIONNovember 19, 2021Senate Committee suggests changes to Tax Laws (Third Amendment) Bill 2021 By Admin The Senate Standing Committee on Finance on Thursday reviewed the Tax Laws (Third Amendment) Bill…Read more
BUDGETOctober 17, 2021Penalty for Non Filing of Annual Income Tax Returns 2021 By Admin A penalty of Rs1,000 each day of default has been implemented from Saturday after the expiry of…Read more
UPDATESSeptember 27, 2021Updated Penalty Provisions on failure to file the return within the due date 2021 By Admin The Federal Board of Revenue (FBR) has clarified that a person who fails to file the return within…Read more
TAXATIONSeptember 21, 2021Non-Banking Foreign Remittance Channels Legalizes by Third amendment Ordinance 2021 By Admin The government has given legal cover to foreign remittances through Money Service Bureaus (MCBs)…Read more
BUDGETSeptember 20, 2021Highlights on Tax Laws Third Amendment Ordinance, 2021 By Admin Compulsory Digitized Payment for Expenditure by Companies:This is a highly discussed amendment…Read more