Top tax issues of Pakistan in 2020
Tax Potential and its Compliances in PakistanPakistan has a potential of a big economy. About…
Retailers registered with FBR started obtaining CNIC of consumers on sales above than Rs100,000
Retailers registered with the Federal Board of Revenue (FBR) have begun obtaining details of…
Cash paid for immovable property required to be reported under anti money laundering and counter terrorism financing : FBR
Every cash transaction for sale or purchase of housing units worth more than Rs. 2 million must be…
Field formations directed to pay all income tax refunds submitted by January 31, 2021: FBR
The FBR has directed the field formations to immediately pay all income tax refunds. Filed under…
40 percent of registered taxpayers do not file sales tax forms
Forty percent (40%) of the taxpayers registered with the Sales Tax Directorate do not submit their…
Annual Income tax return filing last date December 31 2020 for companies
With the end of the last month of the year 2020, you have only few days left to file annual income…
Further extension in time for filing income tax return
Extension of time for furnishing income tax returns and other documents. After first extension of 15…
State bank issued list of chartered accountants firms for audit of banks
State Bank of Pakistan (SBP) recently issued updated list of chartered accountants firms / audit…
Income Tax on Foreign Remittance in Pakistan 2022
Income Tax on Foreign Remittance in Pakistan 2022Through the study of the Income Tax Ordinance…
State bank never declared cryptocurrency illegal: SHC
On Thursday, the Sindh High Court expressed frustration with the Federal Ministry of Finance. For…
