Understanding Tax Liability After Company Closure in PRA
Don’t Leave Debts Behind Closing a private company or business enterprise in Punjab comes with legal and financial responsibilities. One […]
FBR Tax Notices – How to Stay Informed and Respond Timely
The Federal Board of Revenue (FBR) has adopted a more proactive approach to tax collection. This includes sending notices to […]
Tax Rates of Electricity & Telephone Bills in Pakistan
Understanding utility taxes can be complex. This guide simplifies the tax structure for electricity and telephone connections in Pakistan for […]
Tax Implications of Spousal Support in Pakistan
When a married couple decides to live apart, financial arrangements become a critical aspect of the separation process. Understanding tax […]
Capital Gains Tax Deductions for Losses in Pakistan
Understanding Capital Gains Tax and Loss Deductions In Pakistan, the sale of capital assets like property, stocks, or machinery can […]
Active Taxpayer? Don’t Get Stuck Inactive: Understanding ATL Status
As an active taxpayer in Pakistan, maintaining a healthy Active Taxpayer List (ATL) status is crucial. But what triggers an […]
A Guide to Withholding Tax and Due Date for Deposit
This article delves in deduction of tax at source on payments as per Income Tax Ordinance, 2001 made for the […]
FBR Announces Mandatory Online (POS) Integration for Businesses
Attention Pakistani businesses! The Federal Board of Revenue (FBR) has issued a new regulation (SRO 428(I)/2024) mandating online integration with […]
FBR Cracks Down on Untaxed Traders with New Registration Scheme
Federal Board of Revenue (FBR), has taken a significant step towards formalizing the retail sector and boosting tax collection. The […]
FBR SWAPS System for Withholding Tax Collection & Fines on Non-Compliance
Federal Board of Revenue (FBR) has introduced a new system called Synchronized Withholding Administration and Payment System (SWAPS). This initiative […]