TAXATIONNovember 4, 2020Taxpayers Profiling: Submit otherwise ready to be inactive By Admin The return filers now require to submit “Taxpayer’s Profile”. These include…Read more
TAXATIONNovember 3, 2020Which persons require to submit income tax returns ? By Admin Following persons require to submit there income tax returns under Income Tax Ordinance…Read more
TAXATIONNovember 2, 2020How to become active tax filer in FBR By Admin How to Become Active Tax filler in FBRActive Taxpayer List (ATL)How toinclude name in…Read more
TAXATIONOctober 31, 2020Vehicles tax rates for tax year 2021 By Admin Amendments through Finance Act, 2020Federal Board of Revenue (FBR) updated rate of income tax on…Read more
BusinessesOctober 29, 2020FBR sealed Jazz head office for non-payment of taxes By Admin The Federal Board of Revenue (FBR) sealed head office of Jazz a telecommunication company, in…Read more
TAXATIONOctober 3, 2020Taxation of gifts in Pakistan By Admin When Gifts Treated as Income ?The FBR will consider provision of gift from closed blood…Read more
BUDGETSeptember 10, 2020FBR allowed adjustability of property expenses against income from rent on property for all individuals and AOP's By Admin FBR issued circular no. 03 of 2020, dated 3rd September, 2020. Whereby, FBR allowed adjustability of…Read more
BusinessesAugust 28, 2020Tax relief proposed for telecom sector By Admin Tax relief proposed for telecom sector in ECC committee meeting. Whereby, advance income tax on the…Read more
UPDATESAugust 23, 2020No more withholding tax on educational fees By Admin Federal Board of Revenue (FBR) revised withholding tax rate on educational fee. Applicable from the…Read more
TAXATIONAugust 22, 2020Changes in rates of withholding tax on sales to retailers, wholesalers, distributors By Admin Federal Board of Revenue (FBR) issued changes in withholding tax rates on sales made. Sales made by…Read more