Omission of withholding tax provisions There were 38 withholding tax provisions in the Income Tax Ordinance, 2001. This high number…
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Karachi Tax Bar Association (KTBA) urges the Federal Board of Revenue (FBR) to issue fresh directions to banks for not…
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The Azad Jammu and Kashmir (AJK) tax system was on Thursday connected with the national tax system of Pakistan. It…
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Let us see the taxation of IT and IT enabled services, freelancer and startups. Both income tax and sales tax…
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The federal government may introduce a presidential ordinance to provide record of existing three million taxpayers to the National Database…
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The Federal Board of Revenue (FBR) has decided to relax conditions for the importers for obtaining “unique user identifiers” (UUIs)…
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The Federal Board of Revenue (FBR) has taken stay orders against the Federal Tax Ombudsman’s (FTO) decision to investigate the…
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Important tax exemptions and tax credits withdrawn in Finance Act 2021 are given below: Tax credit for person employing fresh…
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Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and reduction in tax liability. These tax…
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The President of Pakistan, Dr. Arif Alvi, issues an order in favor of the declarants of the Tax Amnesty Scheme…
