BUDGETDecember 28, 2021Proposed increase in taxes on telecom services in mini budget By Admin The proposed increase of five percent (5%) in the withholding tax (WHT) on telecommunication…Read more
TAXATIONAugust 9, 2021Updated tax provisions for property rental income in budget 2021-22 By Admin Finance Act, 2013 shifted the property income (Property rental income) from fixed tax regime to…Read more
BUDGETAugust 4, 2021FBR Issues clarification on withholding tax on medicine traders By Admin FBR Issues Clarification“Federal Board of Revenue (FBR) has issued a clarification on a…Read more
UPDATESAugust 3, 2021Govt Considers to end 1% Bank Deduction on IT Export Remittance By Admin The government is considering over stopping banks from deducting 1% or 2% percent tax on IT foreign…Read more
UPDATESJune 24, 2021List of Budget suggestions finalized by senate body By Admin The Senate Standing Committee on Finance finalised its suggestions regarding Finance Bill, 2021-22…Read more
BUDGETJune 19, 2021Govt decides to withdraw arrestment powers on concealment of Income By Admin The government has finally taken the decision to remove all income tax provisions from the Finance…Read more
BLOGJune 7, 2021Tax Practitioners Urged FBR to issue FTNs against Withholding tax Deduction By Admin Tax practitioners have urged the Federal Board of Revenue (FBR) to issue Free Tax Numbers (FTNs) to…Read more