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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… Read More
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 days by the commissioner,… Read More
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 firms, which can conduct audit… Read More
Income Tax on Foreign Remittance in Pakistan 2022
Income Tax on Foreign Remittance in Pakistan 2022 Through the study of the Income Tax Ordinance, 2001 in general and… Read More
State bank never declared cryptocurrency illegal: SHC
On Thursday, the Sindh High Court expressed frustration with the Federal Ministry of Finance. For not explaining its comments on… Read More
Tax amnesty scheme for builders and developers ending at December 31 2020
Tax amnesty scheme already announced for builders and developers for construction of housing projects is going to end as at… Read More
Exemption from sales tax on medical and testing equipment regarding covid-19
S.R.0.1257(I)/2020 -In exercise of the powers conferred by clause (a) of sub-section (2) of section 13 of the Sales Tax… Read More
FBR announced Regional interview committees for appointment of advocates on the panel of FBR
FBR's revised policy for appointment of Advocates and Legal Advisor circulated vide Board's letter No. 8(70) S(P.A)/2020/176432-R dated 12.10.2020. Following… Read More
FBR issued list of Tier-1 integrated retailers with FBR
Federal Board of Revenue (FBR) has issued up to date list of Tier-1 retailers. These retailers have registered their Point… Read More
Withholding tax on Pakistan-made mobile phones abolished
Withholding tax on Pakistan-made mobile phones abolished. The Cabinet's Economic Co-ordination Committee approved the Mobile Device Manufacturing Policy and Electric… Read More