UPDATESSeptember 27, 2021Updated Penalty Provisions on failure to file the return within the due date 2021 By Admin The Federal Board of Revenue (FBR) has clarified that a person who fails to file the return within…Read more
BUDGETAugust 18, 2021Changes to offences and penalties under Finance Act 2021 By Admin The Income Tax (Second Amendment) Ordinance, 2021 promulgated in March 2021 was proposed to be made…Read more
BUDGETJuly 25, 2021Update Business Bank Accounts to avoid Penalty after due date By Admin In order to promote documentation and to streamline action, the concept of business bank account has…Read more