TAXATIONDecember 10, 2020FBR clarification: good news for overseas Pakistanis for taking exemption from tax on profit on bank deposits By Admin Income Tax Circular Issued by FBRFederal Board of Revenue (FBR) made it mandatory for overseas…Read more
TAXATIONDecember 7, 2020Who is exempt from filing income tax returns ? By Admin There is a list of persons who are exempted from filing annual income tax returns under Income Tax…Read more
UPDATESDecember 5, 2020Covid-19 & No extension in date of tax return filing: statutory time already lapsed: FBR By Admin The Federal Board of Revenue (FBR) on Friday said it has given taxpayers legal time to file income…Read more
TAXATIONDecember 4, 2020FBR notified information regarding last date of income tax return for tax year 2020 By Admin Federal Board of Revenue (FBR) has notified today that for application of the last date of income…Read more
TAXATIONDecember 4, 2020FBR announced to give 90pc tax exemption on low-cost housing projects By Admin The FBR and the New Pakistan Housing Development Authority have once again assured the public and…Read more
UPDATESDecember 1, 2020Karachi Tax Bar Association (KTBA) rejected using mobile phone SMS as a legal way to serve tax notices By Admin On Tuesday, the Karachi Tax Bar Association (KTBA) rejected using mobile phone SMS as a legal way to…Read more
TAXATIONNovember 22, 2020Penalty for non-filing income tax returns, wealth statement, foreign assets/income statement & active status By Admin Penalty for non-filing income tax returns, wealth statement, foreign assets/income statement &…Read more
TAXATIONNovember 19, 2020Good news for salaried taxpayers: salary tax adjustments through employer By Admin There is a good news for salaried taxpayers whose salary is taxable. Tax deductions on salary…Read more
TAXATIONNovember 18, 2020Federal Board of Revenue (FBR) ceased manual processing of income tax refunds By Admin Federal Board of Revenue (FBR) ceased manual processing of income tax refunds. FBR ordered regional…Read more
UPDATESNovember 18, 2020FBR once again reminded to file income tax returns by the deadline By Admin The Federal Board of Revenue (FBR) reminded again to submit income tax returns by the December 8…Read more