Blog
Shaukat Tarin Profile
Shaukat Fayyaz Ahmed Tarin was born in 1953. He is a Pakistani banker who served as Finance Minister of Pakistan from 2008 to 2010 in the Gillani Cabinet. On 16 April 2021,…
#Profile
4 articles
Budget
Taxpayers to update profile to remain in ATL and skip fine
Taxpayers are required to update their profile by June 30, 2021, to avoid penalty and exclusion from Active Taxpayers List (ATL) under section 114A of Income Tax Ordinance, 2001. The last date…
Taxation
PTBA Proposed the FBR to extend the last date for updating taxpayers’ profile
The PTBA in a letter to FBR Chairman Muhammad Javed Ghani informed that the last date for updating taxpayers’ profile under section 214 of Income Tax Ordinance, 2001. It made compulsory for…
Taxation
Taxpayers Profiling: Submit otherwise ready to be inactive
The return filers now require to submit "Taxpayer's Profile". These include particulars of bank accounts, utility connections, business premises including all manufacturing, storage or retail outlets etc. Under section 114A(1) of Income…