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 your right to verify if these deducted taxes are actually […]
How to Apply for Change of Tax Office Online?
The Federal Board of Revenue (FBR) has taken a significant step towards enhancing taxpayer convenience by enabling the Change of Tax Jurisdiction application to be filed online through the IRIS […]
How to Check Blacklisted Taxpayers in Sales Tax?
The Federal Board of Revenue (FBR) in Pakistan provides an online platform called Integrated Revenue Information System (IRIS) for taxpayers to access various services, including checking the status of blacklisted […]
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 requires employers to generate challans for the taxes withheld. Here’s […]
How to File a NIL Tax Return for a Company?
Filing a NIL tax return for a company in Pakistan is straightforward, especially if there has been no business activity or revenue during the financial year. Follow these detailed steps […]
How to Add Business Bank Account to FBR Profile?
The Income Tax Ordinance, 2001, under Section 114A, mandates taxpayers to declare their business bank accounts to the Commissioner of Income Tax. This requirement is crucial for maintaining accurate tax […]
How to File UBO Form on FBR IRIS Portal?
Before we delve into the filing process, let’s clarify what a Beneficial Owner (UBO) is. A UBO is an individual who ultimately owns or controls a legal entity, such as […]
How to Apply for Correction in CPR Online?
A CPR may need corrections if: The tax year or month is selected incorrectly. Errors occur due to the withholding agent. The NTN or CNIC is recorded incorrectly. Each situation […]
How to Remove Your Business from NTN?
As a sole proprietor in Pakistan, managing your tax obligations efficiently is crucial. One important aspect of this is keeping your National Tax Number (NTN) records accurate and up-to-date. This […]
How to Show Loan from Friends and Relatives in Income Tax Return?
This article explains the Federal Board of Revenue (FBR) regulations regarding loans taken from friends and relatives in Pakistan, focusing on avoiding tax complications and correctly reporting these loans in […]