UPDATESSeptember 29, 2020Increase of tax on profit on debt for the persons other than companies By Admin Previously, upto tax year 2019, the persons (mentioned in clauses a to d of sub section (1) of…Read more
TAXATIONSeptember 29, 2020Banks agreed to provide data to FBR regarding withdrawals, deposits, credit card payments and loan By Admin The Federal Board of Revenue (FBR) and the Pakistan Banks Association (PBA) have finally reached an…Read more
TAXATIONSeptember 27, 2020Ministry of commerce announced the import policy of new and used cars under Import Policy Order, 2020 By Admin Ministry of commerce announced the import policy of new and used cars under Import Policy Order…Read more
TAXATIONSeptember 25, 2020Tax returns from Karachi city low-income areas surprisingly on top By Admin Karachi’s wholesale and retail markets, which meet the needs of low-income and…Read more
UPDATESSeptember 24, 2020FBR introduced income tax return form in Urdu language By Admin Federal Board of Revenue (FBR) has introduced income tax return form in Urdu language. In order to…Read more
FINANCESeptember 24, 2020Pakistan's current account balance again remains in surplus By Admin Pakistan’s current account balance continued to remain in surplus for the second…Read more
UPDATESSeptember 12, 2020FBR decided to introduce an automated system of online filing of tax appeals By Admin The Federal Board of Revenue has decided to introduce an automated system of electronic filing of…Read more
BUDGETSeptember 10, 2020FBR allowed adjustability of property expenses against income from rent on property for all individuals and AOP's By Admin FBR issued circular no. 03 of 2020, dated 3rd September, 2020. Whereby, FBR allowed adjustability of…Read more
WORLD TAXESSeptember 3, 2020Which countries tax their citizens the most? By Admin Which countries tax their citizens the most? In 2019, the highest income earners in Sweden pay a…Read more
UPDATESAugust 25, 2020FBR tax offices renamed By Admin Federal Board of Revenue (FBR) on Monday issued an office order under Section 4(1)(r) of FBR Act…Read more