UAE to introduce Corporate Tax on Business Profits from June 1, 2023
The United Arab Emirates (UAE) Government is going to introduce a federal corporate tax rate on…
Instructions of State Bank regarding Cost of using Digital Fund Transfer Services
The State Bank of Pakistan on 16th June 2021 issued circular PSD Circular No. 02 of 2021 whereby…
Deadline and penalty for Tier-1 retailers and other tax provisions relating there to
FBR directs Tier-1 Retailers to integrate with revenue authority till August 15.The Federal…
Govt Considers to end 1% Bank Deduction on IT Export Remittance
The government is considering over stopping banks from deducting 1% or 2% percent tax on IT foreign…
Taxation and changes for IT and IT enabled services, startups and freelancers
Let us see the taxation of IT and IT enabled services, freelancer and startups. Both income tax and…
Intelligence & Investigation Inland Revenue Operation against three unregistered units
FBR action against unregistered persons who are liable to be registered and are required to pay due…
Tax Experts disclosed FBR’s three budgetary proposals impracticable
Tax experts have termed Federal Board of Revenue’s (FBR) three budgetary proposals are not…
Despite the obstacles, the FBR issued a Rs250b tax refunds
FBR Inland Revenue (Operations) member Dr Muhammad Ashfaq Ahmed has claimed that despite some minor…
Company tax return
Taxable periodThe tax year for company tax return is starting from 1 July through 30 June.
Good news for salaried taxpayers: salary tax adjustments through employer
There is a good news for salaried taxpayers whose salary is taxable. Tax deductions on salary…
