TAXATIONSeptember 8, 2021Last date to filing income tax return and penalty for non filing By Admin TAX PERIOD FOR INCOME TAX RETURNIncome Tax Return relates to a specific tax year. A tax year is…Read more
BUDGETAugust 18, 2021Changes to offences and penalties under Finance Act 2021 By Admin The Income Tax (Second Amendment) Ordinance, 2021 promulgated in March 2021 was proposed to be made…Read more
BusinessesAugust 7, 2021SECP asks companies to file beneficial ownership declaration to avoid penalty By Admin The Securities and Exchange Commission of Pakistan (SECP) has asked companies to submit information…Read more
BUDGETJuly 25, 2021Update Business Bank Accounts to avoid Penalty after due date By Admin In order to promote documentation and to streamline action, the concept of business bank account has…Read more
BUDGETJune 5, 2021Shaukat Tarin warns Tax defaulters of action after third-party audit By Admin Federal Minister for Finance and Revenue Shaukat Tareen has warned that if any error is found after…Read more
UPDATESJune 1, 2021Sindh Revenue Board Announces Tax Relief Scheme By Admin The Sindh Revenue Board (SRB) has announced a tax incentive scheme. This scheme allows total…Read more
UPDATESFebruary 13, 2021Taxpayers to update profile to avoid penalty, and exclusion from ATL By Admin FBR advised to Taxpayers to update their profile by March 31, 2021 to avoid any penalty and further…Read more