Number of active taxpayers dropped by 30%
In a worrying development, the number of active taxpayers has dropped by 30% or 935,000 to just 2.2…
Income Tax Returns Filing Reached at Top
According to the last weekly updated Active Taxpayers List (ATL) for the tax year 2019 released by…
ATL for tax year 2020 to be published on 1st March, 2021
Federal Board of Revenue will issue a list of active tax payers for the tax year 2020 on March 1…
Individual Tax Returns System in United Kingdom
The UK has a self-assessment (SA) tax system. As part of this system, most UK taxpayers adjust their…
Income tax returns filing reached at new peak
According to the weekly list of active taxpayers (ATL) released on Monday, the Federal Board of…
Penalties will not be imposed on late filers of income tax returns: FBR
The Federal Board of Revenue (FBR) has decided to not penalize late filers across the board for…
Tax audit of Rahat Fateh Ali Khan resumed on information of secret bank accounts
Rahat Ali Khan found it costly not to disclose the amounts in the secret accounts in the annual…
Income Tax Return Filing reached at it's peak
Income tax return filing reached at it’s peak of 3.03 million for tax year 2019, according to…
FBR appealed to all taxpayers to file income tax returns before march 2021
The Federal Board of Revenue has issued a statement stating that there has been a significant…
Company tax return
Taxable periodThe tax year for company tax return is starting from 1 July through 30 June.
