FBR updates, income tax, budgets and markets for Pakistan
5 articles
Understanding Section 7e of the Income Tax Ordinance 2001. According to the FBR, a new section 7E was introduced through Finance Act, 2022. Here in this section, for tax year 2022 and…
Revised Tax on Sale of Property in Pakistan 2023-2024. In the recent budget, the Government of Pakistan increased the rate of income tax on the sale and transfer of immovable property. This…
What is section 7e of the Income Tax Ordinance 2001. According to the FBR, a new section 7E was introduced through Finance Act, 2022. Whereby for the tax year 2022 and onwards,…
Balochistan High Court Issues Notices to FBR Regarding Section 7E. The Balochistan High Court (BHC), on Tuesday, issued notices to the Federal Board of Revenue (FBR) relating to the constitutionality of Section…
Will FBR Extend the Last Date to file Income Tax Returns? The majority of taxpayers have filed their income tax returns for the tax year 2022. However, Still, tax returns of a…