The Federal Board of Revenue (FBR) has issued draft income tax return form for individuals, deriving income under any head…
TAXATION
Learn everything about taxation in Pakistan in simple words. This section explains income tax, sales tax, corporate tax, and other laws. Stay updated with guides, rules, and tips to help individuals and businesses understand and manage their taxes better.
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A resident company is taxed on its worldwide income. Non-resident companies operating in Pakistan through a branch are taxed on…
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Public Accounts Committee (PAC) has referred two mega tax fraud cases involving over Rs. 6 billion to the National Accountability…
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FBR directs Tier-1 Retailers to integrate with revenue authority till August 15. The Federal Board of Revenue (FBR) has advised…
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Finance Act, 2013 shifted the property income (Property rental income) from fixed tax regime to normal tax regime for Individuals,…
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The Federal Board of Revenue (FBR) has suspended the provision of sales tax collection on sugar from the manufacturers on…
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Let us see the taxation of IT and IT enabled services, freelancer and startups. Both income tax and sales tax…
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Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and reduction in tax liability. These tax…
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The Federal Board of Revenue (FBR) on Monday informed to Finance Minister Shaukat Tarin that the tax authority is drafting…
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All tier-1 retailers are required to integrate all their POSs with FBR’s computerized system. All tier-1 retailers are required to…
