Taxable period The tax year for company tax return is starting from 1 July through 30 June. However, tax authorities…
FBR allowed to taxpayers to file settlement application for agreed assessment. The Federal Board of Revenue has issued a statement…
Bitcoin traded at $ 33,365 in Asia on Monday, hitting a record high of 34,800 on Sunday as investors bet…
FBR ISSUES CLARIFICATION (Federal Board of Revenue has issued a clarification regarding extension in Prime Minister’s Construction package.) Dec 31, 2020…
Retailers registered with the Federal Board of Revenue (FBR) have begun obtaining details of computerized national identity cards (CNICs) from…
Every cash transaction for sale or purchase of housing units worth more than Rs. 2 million must be reported under…
The FBR has directed the field formations to immediately pay all income tax refunds. Filed under section 170 of the…
Forty percent (40%) of the taxpayers registered with the Sales Tax Directorate do not submit their sales tax forms. They…
With the end of the last month of the year 2020, you have only few days left to file annual…
Income Tax on Foreign Remittance in Pakistan 2022 Through the study of the Income Tax Ordinance, 2001 in general and…