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#FinancialYear2021-2022

Last Date of Income Tax Return 2022

Last Date of Income Tax Return 2022 Income Tax Return (ITR) Filing for financial year 2021-22 (Tax Year 2022): We… Read More

State Bank releases Annual Payment Systems Review for Financial Year 20-21

State Bank of Pakistan (SBP) releases Annual Payment Systems Review for Financial Year 2020-2021 showing significant growth in the space… Read More

Updated Tax Exemptions and Tax Credits for the Financial Year 2021-2022

Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and reduction in tax liability. These tax… Read More

Value of Diyat in Pakistan for Financial Year 2021-2022

The federal government declared an amount of Rs. 4.261 million as compensation (diyat) for the current financial year 2021-22. The declaration is… Read More

Taxes on Salaries and Pensions: FBR Issues Clarification

Federal Board of Revenue (FBR) issued a clarification on a news published in the daily Express Tribune, in its issue… Read More

Auto Sector wins Tax Relief in Budget 2021-2022

The financial year 2021-2022 budget represented by the government on Friday, where several upcoming policy changes have been brought. Rumors'… Read More

National Assembly Issued Orders of the Day for Budget Date & Time

The federal government has decided to present the next budget for Financial Year 2021-2022 on June 11, 2021, Time at… Read More

Shaukat Tarin seeks time to present budget for Fiscal Year 2021-2022

Minister for Finance Shaukat Tarin has sought more time from the National Assembly speaker for presenting the annual budget for… Read More

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