UPDATESJune 28, 2022Draft Income Tax Returns Forms for Salaried, AOPs, and Companies Tax Year 2022 By Admin The Federal Board of Revenue (FBR) on Tuesday issued draft income tax return forms for tax year…Read more
UPDATESMarch 1, 2022How to become active tax filer in FBR in 2022 By Admin How to Become Active Tax filler in FBR in 2022What is Active Taxpayer List (ATL)Active…Read more
TAXATIONDecember 9, 2021FBR's Progress under Anti Money Laundering (AML) Act in last 4 years By Admin The Federal Board of Revenue (FBR) registered 215 First Information Reports (FIRs) against 267…Read more
TAXATIONNovember 25, 2021FBR authorized to appoint special panels for tax audit By Admin Under Section 32A of Sales Tax Act, 1990 FBR is authorized to appoint special panels for conducting…Read more
FINANCENovember 4, 2021Naya Pakistan Certificates | How to Invest in Naya Pakistan Certificates? By Admin About Naya Pakistan CertificatesNaya Pakistan Certificates (NPCs) are USD, PKR, Euro and British…Read more
BUDGETOctober 17, 2021Penalty for Non Filing of Annual Income Tax Returns 2021 By Admin A penalty of Rs1,000 each day of default has been implemented from Saturday after the expiry of…Read more
TAXATIONSeptember 29, 2021FBR's Updates regarding extension in date of filing Income Tax Returns 2021 By Admin The Federal Board of Revenue has re-iterated its position that there shall not be any extension in…Read more
BLOGSeptember 18, 2021Tax Terms Glossary | Tax Terminology | Tax Legal Definitions By Admin The online tax glossary is here to help you understand terms which may be unfamiliar, and to get tax…Read more
BUDGETSeptember 17, 2021Finance Act 2021: fixed allowance to be treated as salary for income tax deduction By Admin Amendments in Finance Act 2021 regarding Salary Income“Provisions of clause (c) of sub-section…Read more
BLOGSeptember 17, 2021Salary tax calculator | Salary tax slabs | Salary Tax Rates | Tax Card | 2021-2022 | By Admin As per Finance Act 2021 presented by Government of Pakistan, following salary tax slabs of salaried…Read more