UPDATESFebruary 24, 2021Exporters now need no sales tax zero rating: FBR By Admin Dr. Muhammad Ashfaq, Member, Inland Revenue (Operations), FBR, said that the newly upgraded…Read more
UPDATESFebruary 24, 2021National Tax Council (NTC) lacks the constitutional Cover By Admin The National Tax Council (NTC) does not have the same constitutional coverage as the General Sales…Read more
BUDGETFebruary 18, 2021Additional Taxes of 700 billion expected In Upcoming Budget under IMF Deal By Admin Under the International Monetary Fund (IMF) agreement, Pakistan will raise additional revenue of…Read more
UPDATESFebruary 16, 2021Govt continuously reduced taxes on petrol Price for the last three months By Admin The government is now levying tax of Rs 34 per liter on petrol prices. The government has been…Read more
UPDATESFebruary 13, 2021Taxpayers to update profile to avoid penalty, and exclusion from ATL By Admin FBR advised to Taxpayers to update their profile by March 31, 2021 to avoid any penalty and further…Read more
UPDATESFebruary 10, 2021FBR Encouraged Taxpayers’ to get their legal cases resolved through ADRC By Admin FBR Encouraged taxpayers to resolve cases through ADRC immediately. FBR issued a press release at…Read more
BUDGETFebruary 9, 2021Sales Tax Relief by Punjab Revenue Authority By Admin Through the Finance Act, 2020, the Government of the Punjab reduced the rate of Punjab Sales Tax on…Read more
TAXATIONFebruary 2, 2021Tax on Agricultural Income in Pakistan By Admin Tax on Agricultural Income in PunjabAgricultural income is an exempt income from tax under…Read more
TAXATIONJanuary 26, 2021Resident and Non Resident status under tax laws of Pakistan By Admin Non-resident Pakistani is exempt from payment of taxes, which a resident Pakistani is liable to pay.Read more
UPDATESJanuary 23, 2021FBR considering proposals to tax benefit to non-resident or overseas Pakistanis By Admin The Federal Board of Revenue (FBR) is reviewing various proposals to provide some benefits to…Read more