FBR Issues clarification on withholding tax on medicine traders
FBR Issues Clarification“Federal Board of Revenue (FBR) has issued a clarification on a…
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…
FBR Issues Circular for Tax Recovery Procedures From Cooperative Housing Societies
Federal Board of Revenue (FBR) issued Circular No. 3 of 2022 Dated: July 5th, 2021 regarding…
Tax Practitioners Urged FBR to issue FTNs against Withholding tax Deduction
Tax practitioners have urged the Federal Board of Revenue (FBR) to issue Free Tax Numbers (FTNs) to…
Govt considering to reduce taxes on cars in upcoming budget
The government is considering slashing taxes on new imported and locally assembled cars of up to…
Tax Deadline 2021 for World Corporate Income Taxes
Here, Tax deadlines for 2021, Income Tax Due dates or Tax Calendar is given for Individuals…
FBR considering proposals to tax benefit to non-resident or overseas Pakistanis
The Federal Board of Revenue (FBR) is reviewing various proposals to provide some benefits to…
Corporate tax exemptions
Following tax exemptions are available to corporate taxpayers:Profits arrived from the business…
Significant progresses in corporate taxes
Currently, the Government of Pakistan has introduced amendments in the following areas, taking into…
Company tax return
Taxable periodThe tax year for company tax return is starting from 1 July through 30 June.
