BusinessesJanuary 2, 2021PTCL license expired By Admin According to PTCL, the business operation license of Pakistan Communication Company Limited (PTCL)…Read more
UPDATESJanuary 2, 2021FBR issued no of tax returns submitted up to year end 2020 By Admin According to a statement issued by Federal Board of Revenue (FBR) they have received 2.3 million…Read more
UPDATESJanuary 1, 2021FBR's datewise activities in year 2020 By Admin FBR ISSUES CLARIFICATION (Federal Board of Revenue has issued a clarification regarding extension…Read more
BUDGETDecember 30, 2020Retailers registered with FBR started obtaining CNIC of consumers on sales above than Rs100,000 By Admin Retailers registered with the Federal Board of Revenue (FBR) have begun obtaining details of…Read more
TAXATIONDecember 29, 2020Cash paid for immovable property required to be reported under anti money laundering and counter terrorism financing : FBR By Admin Every cash transaction for sale or purchase of housing units worth more than Rs. 2 million must be…Read more
UPDATESDecember 29, 2020Field formations directed to pay all income tax refunds submitted by January 31, 2021: FBR By Admin The FBR has directed the field formations to immediately pay all income tax refunds. Filed under…Read more
UPDATESDecember 28, 202040 percent of registered taxpayers do not file sales tax forms By Admin Forty percent (40%) of the taxpayers registered with the Sales Tax Directorate do not submit their…Read more
TAXATIONDecember 22, 2020Income Tax on Foreign Remittance in Pakistan 2022 By Admin Income Tax on Foreign Remittance in Pakistan 2022Through the study of the Income Tax Ordinance…Read more
FINANCEDecember 19, 2020State bank never declared cryptocurrency illegal: SHC By Admin On Thursday, the Sindh High Court expressed frustration with the Federal Ministry of Finance. For…Read more
TAXATIONDecember 18, 2020Exemption from sales tax on medical and testing equipment regarding covid-19 By Admin S.R.0.1257(I)/2020 -In exercise of the powers conferred by clause (a) of sub-section (2) of section…Read more