Avoid common tax mistakes and penalties with the expert advice in this category. Learn about potential tax risks and how to mitigate them. Get insights on avoiding tax audits and investigations. Protect yourself from tax trouble by understanding the common pitfalls and how to avoid them.
Pakistan’s Federal Board of Revenue (FBR) is taking a big step to improve tax collection with the mandatory integration of Point-of-Sale (POS) systems for 1,680 large retailers (Tier-1). This initiative […]
Don’t Leave Debts Behind Closing a private company or business enterprise in Punjab comes with legal and financial responsibilities. One crucial aspect is ensuring all outstanding taxes are settled before […]
The Federal Board of Revenue (FBR) has adopted a more proactive approach to tax collection. This includes sending notices to taxpayers to ensure compliance. Here’s a guide to help you […]
This article delves in deduction of tax at source on payments as per Income Tax Ordinance, 2001 made for the supply of goods and services. This is an important tool […]
Federal Board of Revenue (FBR) has introduced a new system called Synchronized Withholding Administration and Payment System (SWAPS). This initiative aims to improve efficiency and transparency in collecting withholding tax […]
Navigating the intricacies of tax regulations can be daunting, particularly when it comes to the potential suspension or de-registration of your tax registration. This article demystifies the process outlined in […]
Don’t get grounded or locked out! The Federal Board of Revenue (FBR) is cracking down on non-filers with serious consequences in 2024. Here’s what you need to know: File your […]
This news directly impacts Tier-I Retailers in Pakistan who have been juggling their sales tax responsibilities. On December 21st, 2023, the Federal Board of Revenue (FBR) issued a notification amending […]
The Federal Board of Revenue (FBR) emphasizes on the importance of maintaining active taxpayer status in Pakistan. This article dives into the key points of Rule 12A of the Sales […]
Navigating the world of taxes can be confusing, and facing potential suspension of your sales tax registration adds another layer of stress. This article delves into Section 45 of the […]
