BUDGETDecember 30, 2020Retailers registered with FBR started obtaining CNIC of consumers on sales above than Rs100,000 By Admin Retailers registered with the Federal Board of Revenue (FBR) have begun obtaining details of…Read more
TAXATIONDecember 29, 2020Cash paid for immovable property required to be reported under anti money laundering and counter terrorism financing : FBR By Admin Every cash transaction for sale or purchase of housing units worth more than Rs. 2 million must be…Read more
TAXATIONDecember 22, 2020Income Tax on Foreign Remittance in Pakistan 2022 By Admin Income Tax on Foreign Remittance in Pakistan 2022Through the study of the Income Tax Ordinance…Read more
UPDATESDecember 18, 2020FBR issued list of Tier-1 integrated retailers with FBR By Admin Federal Board of Revenue (FBR) has issued up to date list of Tier-1 retailers. These retailers have…Read more
TAXATIONDecember 17, 2020FBR issues procedure for cash back refunds of sales tax to customers of Tier-1 retailers By Admin Federal Board of Revenue (FBR) issued procedure for cash back of sales tax amount @5% (five percent)…Read more
UPDATESDecember 16, 2020FBR launched online module for Greenfield investors status registration By Admin Federal Board of Revenue (FBR) launched an online module to facilitate investors to apply online to…Read more
UPDATESDecember 16, 2020Anti money laundering Act: monitoring of Jewelers, real estate agents and accountants under strict regulations By Admin The Federal Board of Revenue (FBR) on Tuesday issued regulations governing the use of powers to…Read more
UPDATESDecember 14, 2020File tax return or pay penalty for tax year 2020: FBR started issuing tax notices By Admin Federal Board of Revenue (FBR) has started issuing tax notices on non-submission of tax return for…Read more
TAXATIONDecember 14, 2020FBR extended income tax return filing date up to December 24 By Admin Federal Board of Revenue (FBR) has extended income tax return filing date up to December 24.Read more
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