How FBR Recovers Tax If you Ignore Tax Notices?
The failure to pay taxes has serious repercussions, triggering a robust recovery process enforced by Inland Revenue (IR) officers. Under […]
The Fate of the Late Filer in Pakistan’s Property Tax System
The question of whether the law concerning late filers will be abolished has gained significant attention in recent times, especially […]
Understand the Penalties for Not Filing Your Income Tax Return
Failure to file a tax return or provide the necessary wealth statements within the due date can lead to significant […]
Complete Guide to PTA Tax for iPhones in Pakistan (2025)
Discover the complete guide to PTA tax for iPhones in Pakistan (2025). Learn tax rates, savings tips, ATL benefits, and model-wise breakdown for seamless device registration.
Increased Tax Rate on Banks – Potential Effect on Consumers and Stock Market
The Federal Board of Revenue (FBR) has recently passed a new tax law that has been certified by the President […]
Non-Filers Earning Bank Profits are on FBR Radar
The Federal Board of Revenue (FBR) of Pakistan has implemented a focused action plan to address non-compliance among individuals earning […]
How to Verify Tax Payments Deducted from Your Salary?
In Pakistan, employers withhold income tax from your salary throughout the year. While trusting your employer is important, it’s also […]
Understanding the Concept of Associates for Tax Purpose
The Income Tax Ordinance provides a detailed framework for identifying and classifying “associates,” a term critical for ensuring transparency and […]
What is Sufficient Source of Income?
The recently proposed law under discussion introduces significant restrictions and requirements for purchasing assets, aiming to increase accountability and compliance […]
Rental Income and Capital Gains form UK UAE Exempt from Pakistani Tax
The Appellate Tribunal Inland Revenue (ATIR), Islamabad, has ruled that under Pakistan’s tax treaties with the United Arab Emirates (UAE) […]