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#FinanceAct2020

February 9, 2021

Sales Tax Relief by Punjab Revenue Authority

By Admin

Through the Finance Act, 2020, the Government of the Punjab reduced the rate of Punjab Sales Tax on…

January 4, 2021

FBR allowed to taxpayers to file settlement application for agreed assessment

By Admin

FBR allowed to taxpayers to file settlement application for agreed assessment.The Federal Board…

September 29, 2020

Increase of tax on profit on debt for the persons other than companies

By Admin

Previously, upto tax year 2019, the persons (mentioned in clauses a to d of sub section (1) of…

September 10, 2020

FBR 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…