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Taxation

Filing of Tax Returns for Business Persons in Pakistan

May 22, 2022August 7, 2021 by admin
Filing of Tax Returns for Business Persons in Pakistan

Filing of Tax Returns: Business individuals are required to file their income tax returns at FBR Website or through FBR …

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How to Avoid 7.5% WHT on Electricity Bills?

May 22, 2022July 31, 2021 by admin
How to Avoid 7.5% WHT on Electricity Bills?

WHT on Electricity Bills: As per finance act 2021-22, the Non-Filers whose names not appear in the Active Tax Payer …

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Non Filers to Pay Withholding Tax on Electricity Bills

May 22, 2022July 28, 2021 by admin
Non Filers to Pay Withholding Tax on Electricity Bills

Withholding Tax on Electricity Bills: As per Finance Act 2021-22, Govt has imposed a Withholding tax for Nonfilers on Their …

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Finance Act 2021, Taxpayer Bounded to update Business Account within three Months

May 22, 2022July 25, 2021 by admin

FBR vide Circular no.02 of 2021-22 Dated 1st July 2021 with reference to Finance Act 2021 made an important announcement …

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Government decides to Tax Undisclosed offshore Properties/Assests

May 24, 2022July 15, 2021 by admin
FBR Given Power to Arrest Non Taxpayers

The government decides to Tax Undisclosed offshore Properties/Assets. In Finance, Bill 2021 circulated few days a ago and still remains …

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FBR TAX RETURNS FOR TAX YEAR 2021

May 24, 2022July 11, 2021 by admin

FBR TAX RETURNS: Federal Board of Revenue (FBR) earlier this month announced the uploading of forms of IncomeĀ  TAX return …

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New Tax Rates for Rental Income and Property Sales Budget 2021-22

May 24, 2022June 27, 2021 by admin
New Tax Rates for Rental Income and Property Sales Budget 2021-22

Govt has imposed new tax rates on rental income for houses and shops and sales tax on property. Tax slabs …

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Which Budget Taxes to be Implementation from 1st July 2021

May 24, 2022June 26, 2021 by admin
Which Budget Taxes to be Implementation from 1st July 2021

Budget 2021-22 discussion ended by finance minister Shaukat Tareen in Senate on Friday 25 July 2021. In the initial announcement …

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