A Step-by-Step Guide on Creating a Challan for Salary Tax Payment
Withholding taxes are deducted from employee salaries by employers and remitted to the Federal Board of Revenue (FBR). This process […]
Division of Expenditures & Deductions for Multiple Sources of Income
Apportioning expenditures, deductions, and allowances under Rule 13 of the Income Tax Rules is a systematic process that ensures fair […]
How to Adjust Business Losses, Tax Depreciation and Minimum Tax
Tax planning is an essential aspect of managing a business, especially when it comes to adjusting business losses, tax depreciation […]
Single Sales Tax Return (SSTR) – A Step Towards Tax Simplification
The Federal Board of Revenue (FBR) has taken a significant step towards streamlining the tax filing process by introducing the […]
What Deductions are Allowed against Entertainment Expenses
Entertainment expenses are governed by Section 21 of the Income Tax Ordinance, 2001, and the associated rules under the Income […]
FBR to Get Help of Auditors/ Experts for Catching Tax Thieves
Tax Laws (Amendment) Bill 2024 introduces significant changes to the legislative framework governing tax administration in the country. Among the […]
New Restrictions on Property Transfers for Non-Filers
The Federal Board of Revenue (FBR) has been granted significant new powers under the Tax Laws (Amendment) Bill 2024. One […]
Is Advance Tax Applicable on Behbood Saving Certificates?
In recent developments, the Federal Board of Revenue (FBR) has started issuing notices regarding advance tax payments to individuals, businesses, […]
Step-by-Step Guide on DNFBP De-registration with FBR
Here’s a detailed guide on how to apply for de-registration of a DNFBP with the FBR: Understanding DNFBPs and De-registration […]
FBR Embarks on Online Business Integration to Modernize Tax Administration
The Federal Board of Revenue (FBR) has embarked on a significant initiative to modernize tax administration in Pakistan through the […]