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
UPDATESDecember 23, 2020Annual Income tax return filing last date December 31 2020 for companies By Admin With the end of the last month of the year 2020, you have only few days left to file annual income…Read more
TAXATIONDecember 17, 2020FBR issues procedure for cash back refunds of sales tax to customers of Tier-1 retailers By Admin Federal Board of Revenue (FBR) issued procedure for cash back of sales tax amount @5% (five percent)…Read more
UPDATESDecember 16, 2020FBR launched online module for Greenfield investors status registration By Admin Federal Board of Revenue (FBR) launched an online module to facilitate investors to apply online to…Read more
TAXATIONDecember 14, 2020FBR extended income tax return filing date up to December 24 By Admin Federal Board of Revenue (FBR) has extended income tax return filing date up to December 24.Read more
TAXATIONDecember 10, 2020FBR clarification: good news for overseas Pakistanis for taking exemption from tax on profit on bank deposits By Admin Income Tax Circular Issued by FBRFederal Board of Revenue (FBR) made it mandatory for overseas…Read more
TAXATIONDecember 7, 2020FBR issued instructions regarding extension procedure By Admin Federal Board of Revenue (FBR) notified instructions for procedures of applying extension requests…Read more
UPDATESDecember 5, 2020Covid-19 & No extension in date of tax return filing: statutory time already lapsed: FBR By Admin The Federal Board of Revenue (FBR) on Friday said it has given taxpayers legal time to file income…Read more
UPDATESDecember 1, 2020Karachi Tax Bar Association (KTBA) rejected using mobile phone SMS as a legal way to serve tax notices By Admin On Tuesday, the Karachi Tax Bar Association (KTBA) rejected using mobile phone SMS as a legal way to…Read more
UPDATESNovember 29, 2020Karachi Tax Bar identified errors in Tax Year 2020 return By Admin Karachi Tax Bar Association (KTBA) identified calculation errors in the online return Federal Board…Read more