Income tax return filing reached at it’s peak of 3.03 million for tax year 2019, according to weekly Active Taxpayers…
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.
Weekly Tax Updates from 3rd January to January 09 2021. World taxes, Top Tax News & Updates. Business & Industry…
Taxation of Builders and Developers. There is a complete package covering tax impact from all aspects. Taxpayer is eligible to…
Currently, the Government of Pakistan has introduced amendments in the following areas, taking into account the extraordinary economic conditions caused…
Taxable period The tax year for company tax return is starting from 1 July through 30 June. However, tax authorities…
Federal Board of Revenue has launched Electronic Filing of Appeals with effect from 1st January, 2021. The Federal Board of…
Government in Pakistan have introduced tax measures to reduce the impact of the COVID-19 pandemic in year 2020. Tax Reliefs…
Tax Potential and its Compliances in Pakistan Pakistan has a potential of a big economy. About 38% of Pakistanis live…
Every cash transaction for sale or purchase of housing units worth more than Rs. 2 million must be reported under…
Extension of time for furnishing income tax returns and other documents. After first extension of 15 days by the commissioner,…