Govt considering withdrawal of sales tax exemptions
The government is considering over a presidential ordinance to withdraw sales tax exemptions…
Major changes in NAB Ordinance
Major changes in NAB Ordinance under the National Accountability Bureau Amendment Ordinance (NAO)…
Updated Penalty Provisions on failure to file the return within the due date 2021
The Federal Board of Revenue (FBR) has clarified that a person who fails to file the return within…
New Penalty Provisions relating to non-integrated Tier-1 Retailers
The FBR has been empowered to require any person or classes of person to integrate their invoice…
NADRA empowered to use artificial intelligence to increase tax base
National Database and Registration Authority (NADRA) has been empowered by government to compute…
FBR considering to allow corporate sector a grace period to adopt digital payments
Federal Board of Revenue (FBR) is considering allowing the corporate taxpayers a grace period of 40…
Finance Act 2021: fixed allowance to be treated as salary for income tax deduction
Amendments in Finance Act 2021 regarding Salary Income“Provisions of clause (c) of sub-section…
Salary tax calculator | Salary tax slabs | Salary Tax Rates | Tax Card | 2021-2022 |
As per Finance Act 2021 presented by Government of Pakistan, following salary tax slabs of salaried…
Separate FBR Iris portal for overseas Pakistanis for Income Tax Return filing
Federal Board of Revenue (FBR) on Tuesday issues press release and announced that a separate FBR…
Last date to filing income tax return and penalty for non filing
TAX PERIOD FOR INCOME TAX RETURNIncome Tax Return relates to a specific tax year. A tax year is…
