#FinanceAct2020
Sales Tax Relief by Punjab Revenue Authority
Through the Finance Act, 2020, the Government of the Punjab reduced the rate of Punjab Sales Tax on Services from… Read More
FBR allowed to taxpayers to file settlement application for agreed assessment
FBR allowed to taxpayers to file settlement application for agreed assessment. The Federal Board of Revenue has issued a statement… Read More
Increase of tax on profit on debt for the persons other than companies
Previously, upto tax year 2019, the persons (mentioned in clauses a to d of sub section (1) of section 151)… Read More
FBR allowed adjustability of property expenses against income from rent on property for all individuals and AOP’s
FBR issued circular no. 03 of 2020, dated 3rd September, 2020. Whereby, FBR allowed adjustability of property expenses against income… Read More