FBR nearly finalized procedure for third party audit of taxpayers
Taxpayers, including the corporate sector, may directly receive audit notices from third-party…
Xiaomi Poco M3 Import TAX in Pakistan
Xiaomi Poco M3 Import TAX in PakistanXiaomi Poco M3 is a device launched in Pakistan. The…
Apple IPhone 12 Pro Max Import and PTA TAX in Pakistan
Apple IPhone 12 Pro Max is a device launched in Pakistan. The official price of this phone is 235599…
Penalty for Non Filing of Annual Income Tax Returns 2021
A penalty of Rs1,000 each day of default has been implemented from Saturday after the expiry of…
List of Tier-1 Retailers identified by FBR to integrate with POS system to claim input tax
The Federal Board of Revenue (FBR) has issued a list of 1,136 big retailers (Tier-1) who are…
Current figures of tax filings for tax year 2021
Federal Board of Revenue (FBR) has currently received just one million income tax returns with only…
Tax Incentives granted under tax laws third amendment ordinance 2021
Within third month of passage of Finance Act, 2021, the Government felt the need of introducing…
FBR categorically rejected news of extension in date of filing income tax returns
A spokesman for the Federal Board of Revenue has vehemently denied reports in some newspapers of…
Highlights on Tax Laws Third Amendment Ordinance, 2021
Compulsory Digitized Payment for Expenditure by Companies:This is a highly discussed amendment…
Tax Terms Glossary | Tax Terminology | Tax Legal Definitions
The online tax glossary is here to help you understand terms which may be unfamiliar, and to get tax…
