TAXATIONSeptember 19, 2020FBR issued order of Rs 35m tax penalty on Justice Isa’s wife By Admin The Federal Board of Revenue (FBR) issued order of Rs 35million tax penalty on Sarina Isa, the wife…Read more
UPDATESSeptember 12, 2020FBR decided to introduce an automated system of online filing of tax appeals By Admin The Federal Board of Revenue has decided to introduce an automated system of electronic filing of…Read more
BUDGETSeptember 10, 2020FBR allowed adjustability of property expenses against income from rent on property for all individuals and AOP's By Admin FBR issued circular no. 03 of 2020, dated 3rd September, 2020. Whereby, FBR allowed adjustability of…Read more
BUDGETSeptember 5, 2020FBR increased the limit of turnover for withholding agents By Admin Federal Board of Revenue FBR increased the limit of turnover for withholding agents. Taxpayers…Read more
WORLD TAXESSeptember 3, 2020Which countries tax their citizens the most? By Admin Which countries tax their citizens the most? In 2019, the highest income earners in Sweden pay a…Read more
UPDATESSeptember 3, 2020FBR issued list of business sectors for mandatory income tax integration By Admin Federal Board of Revenue (FBR) issued list of business sectors for mandatory income tax integration…Read more
UPDATESAugust 25, 2020FBR tax offices renamed By Admin Federal Board of Revenue (FBR) on Monday issued an office order under Section 4(1)(r) of FBR Act…Read more
TAXATIONAugust 19, 2020FBR warns retail stores to register with point of sale (POS) System to avoid heavy fines By Admin FBR warns retail stores to register with point of sale (POS) System to avoid heavy fines and using…Read more
UPDATESAugust 12, 2020FBR implemented new tax regime for imported Items By Admin The Federal Board of Revenue (FBR) on Wednesday implemented rules for taxing imported goods. FBR…Read more
BusinessesAugust 12, 2020Amazon enters Pakistan for web services By Admin After registering a local office called Amazon Data Services Pakistan (Pvt) Ltd., Amazon is…Read more