World’s highest inheritance tax story of Samsung chairman Lee Kun Hee
Lee Kun-hee(9 January 1942– 25 October 2020) was a South Korean businessman and…
SECP asks companies to file beneficial ownership declaration to avoid penalty
The Securities and Exchange Commission of Pakistan (SECP) has asked companies to submit information…
Islamabad High Court reserves decision on track & trace system case
The Islamabad High Court (IHC) has reserved their judgment in the case of selection of the…
FBR issued list of identified Tier1 nonintegrated retailers
The Federal Board of Revenue (FBR) has advised Tier-1 Retailers to integrate their systems with the…
FBR issues procedure for mandatory registration of brand name of businesses
The Federal Board of Revenue (FBR) on Tuesday issued a Sales Tax General Order No. 07 of 2021…
Why Pakistan ranked as the cheapest country in the world to live in ?
Recently, Pakistan has been ranked as ‘the cheapest country in the world to live in’…
Taxation and changes for IT and IT enabled services, startups and freelancers
Let us see the taxation of IT and IT enabled services, freelancer and startups. Both income tax and…
Amazon denies news of accepting Bitcoin as payment
Amazon.com Inc on Monday denied about the news that the e-commerce giant was going to accept bitcoin…
FBR issued SRO to Relax Conditions for Customs WEBOC Registration
The Federal Board of Revenue (FBR) has decided to relax conditions for the importers for obtaining…
Updated Tax Exemptions and Tax Credits for the Financial Year 2021-2022
Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and…
