The bill has proposed to introduce the definition of beneficial owner in budget for the financial year 2022-2023. Every company…
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About Lesco Bill Advance Income Tax Certificate Under Section 235 ? According to Section 235 of The Income Tax Ordinance, 2001: (1) There shall…
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After massive hike in petrol prices twice in a week, and increase in electricity prices, now Oil and Gas Regulatory…
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The Federal Board of Revenue (FBR) has started budget preparation exercise for 2022-2023. In this regard, the FBR has issued…
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NA approves State Bank of Pakistan (Amendment) Bill 2021 and supplementary finance bill with some amendments proposed by govt, PTI…
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Federal Minister for Finance and Revenue, Shaukat Tarin, has ruled out the speculations, being expressed by many, that the supplementary…
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The government of Pakistan completed the mini-budget to the tune of Rs 360 billion that would smack 17% General Sales…
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Finance Act, 2013 shifted the property income (Property rental income) from fixed tax regime to normal tax regime for Individuals,…
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Omission of withholding tax provisions There were 38 withholding tax provisions in the Income Tax Ordinance, 2001. This high number…
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Important tax exemptions and tax credits withdrawn in Finance Act 2021 are given below: Tax credit for person employing fresh…
