TAXATIONDecember 4, 2020FBR announced to give 90pc tax exemption on low-cost housing projects By Admin The FBR and the New Pakistan Housing Development Authority have once again assured the public and…Read more
UPDATESDecember 1, 2020Taxes on petroleum products changed By Admin Tax on petroleum products changed, levy on petrol reduced by Rs 1.32 per liter.Petroleum…Read more
UPDATESDecember 1, 2020Karachi Tax Bar Association (KTBA) rejected using mobile phone SMS as a legal way to serve tax notices By Admin On Tuesday, the Karachi Tax Bar Association (KTBA) rejected using mobile phone SMS as a legal way to…Read more
November 30, 2020About Us - Tax.net.pk By Admin About Us – Tax & Financial NewsAbout Us:. Global Tax Consultants manage this…Read more
UPDATESNovember 29, 2020Karachi Tax Bar identified errors in Tax Year 2020 return By Admin Karachi Tax Bar Association (KTBA) identified calculation errors in the online return Federal Board…Read more
TAXATIONNovember 26, 2020Cottage industry not required to get sales tax registration By Admin Which persons required to get sales tax registration ?Registration Section 14Registration…Read more
TAXATIONNovember 25, 2020Sales tax rates | Third Schedule goods | Eighth Schedule goods | Retail price | Reduced rate of sales tax By Admin Sales tax rates | Third Schedule goods | Eighth Schedule goods | Retail price | Reduced rate of…Read more
TAXATIONNovember 24, 2020Income Tax Rules amended: Issuance of tax notices via Phone SMS By Admin Phone SMS included as mode of service for tax notices.The FBR issued SRO 1250(I)/2020 on Monday…Read more
TAXATIONNovember 23, 2020Sales tax zero rated Supplies in Pakistan By Admin Zero rating Supplies Section (4) of sales tax act 1990 – the following goods shall be charged to…Read more
TAXATIONNovember 22, 2020Penalty for non-filing income tax returns, wealth statement, foreign assets/income statement & active status By Admin Penalty for non-filing income tax returns, wealth statement, foreign assets/income statement &…Read more