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
BUDGETSeptember 5, 2020FBR increased the limit of turnover for withholding agents By Admin Federal Board of Revenue FBR increased the limit of turnover for withholding agents. Taxpayers…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
UPDATESSeptember 3, 2020FBR issued list of business sectors for mandatory income tax integration By Admin Federal Board of Revenue (FBR) issued list of business sectors for mandatory income tax integration…Read more
BusinessesAugust 28, 2020Tax relief proposed for telecom sector By Admin Tax relief proposed for telecom sector in ECC committee meeting. Whereby, advance income tax on the…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
UPDATESAugust 23, 2020No more withholding tax on educational fees By Admin Federal Board of Revenue (FBR) revised withholding tax rate on educational fee. Applicable from the…Read more
TAXATIONAugust 22, 2020Changes in rates of withholding tax on sales to retailers, wholesalers, distributors By Admin Federal Board of Revenue (FBR) issued changes in withholding tax rates on sales made. Sales made by…Read more
TAXATIONAugust 21, 2020Tax year 2020 draft return forms issued by FBR By Admin ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued draft forms for filing income tax…Read more