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UPDATES
Karachi Tax Bar identified errors in Tax Year 2020 return

Karachi Tax Bar identified errors in Tax Year 2020 return

Karachi Tax Bar Association (KTBA) identified calculation errors in the online return Federal Board of Revenue (FBR) for the tax year 2020. Letter to Member IR Operations by Karachi Tax Bar Association Karachi Tax Bar…

UPDATES
PM Imran Khan never stopped me from taking action against someone: Shabbar Zaidi Former Chairman FBR

PM Imran Khan never stopped me from taking action against someone: Shabbar Zaidi Former Chairman FBR

Shabbar Zaidi, former Chairman FBR said in a tweet that PM Imran Khan never stopped me from taking action against someone. He said that this rumor against him is totally “fake and baseless.” “IK is…

UPDATES
FBR once again reminded to file income tax returns by the deadline

FBR once again reminded to file income tax returns by the deadline

The Federal Board of Revenue (FBR) reminded again to submit income tax returns by the December 8, 2020 deadline. Otherwise it will not be further extended. Which Persons required to submit tax returns ? The…

UPDATES
Income tax return filing reached at 2.93 million

Income tax return filing reached at 2.93 million

Income tax returns reached a new peak of 2.93 million. According to FBR as per the Active Taxpayers List (ATL) issued on Monday. Active Taxpayer list (ATL) issued on the basis of Tax Year 2019.…

UPDATES
CAF autumn result announced by ICAP today

CAF autumn result announced by ICAP today

Certificate in accounting & finance (CAF) result expected at 17th November 2020 by Institute of Chartered Accountants of Pakistan. Schedule of examinations of exams (CAF, AFC, WST) of Institute of Chartered Accountants of Pakistan (ICAP).…

UPDATES
Pakistan ranks 116 amongst 128 countries in the world on absence of corruption index

Pakistan ranks 116 amongst 128 countries in the world on absence of corruption index

#Pakistan ranks 116 amongst 128 countries in the world on absence of #corruption index. Pakistan ranked 116th among 128 countries on the absence of corruption index. A World Justice Project (WJP) Survey conducted by Gallup…

UPDATES
Income Tax Returns of Members of National Assembly released

Income Tax Returns of Members of National Assembly released

Income Tax Returns of Members of National Assembly released. Prime Minister Imran Khan owns more than 80 million assets. Details of the tax returns of the members of the National Assembly for the year 2019-20…

UPDATES
Staff required/Jobs Alert: Tax Manager, Tax Specialist, Tax Analyst

Staff required/Jobs Alert: Tax Manager, Tax Specialist, Tax Analyst

Jobs alert | situation vacant | vacancy | Staff Required | Tax Manager | Tax Specialist | Tax Accountant

UPDATES
Rules amended by FBR: Issued time limit for notifying income tax return form

Rules amended by FBR: Issued time limit for notifying income tax return form

Amendment of Rules The FBR has issued draft rules for the purpose of setting timelines in respect of various steps involved in notifying income tax return forms for a tax year vide SRO 1041 dated…

UPDATES
Sales tax rates updated on services of restaurants

Sales tax rates updated on services of restaurants

Sindh Revenue Board (SRB) has notified sales tax rates on services rendered by restaurants in the province. Sindh Revenue Board (SRB) Sales tax on Restaurants revised The SRB issued working tariff on November 01, 2020…