How to Get Your SCB Withholding Tax Certificate in a Flash!
Need your Standard Chartered Bank (SCB) Withholding Tax Certificate for tax filing? Don’t sweat it! You can grab it easily in just a few clicks through the SCB Mobile App. […]
Tajir Dost Scheme A Breakdown of Frequently Asked Questions (FAQs)
This article addresses the new Tajir Dost scheme launched by the FBR (Federal Board of Revenue) in Pakistan, focusing on questions raised about its applicability, registration, and tax implications. Who […]
Understanding and Planning for the Complexities of 7E Tax in Pakistan
The introduction of Section 7e in Pakistan’s tax has created significant confusion and uncertainty for property owners. This article delves into the five key points to remember about 7e and […]
Documents Required for Approval of Superannuation Funds in Pakistan
Planning for retirement is crucial for financial security. In Pakistan, Approved Superannuation Funds (ASFs) offer a structured approach for employers to provide long-term retirement benefits to their employees. This article […]
What are the Requirements for Approved Gratuity Funds in Pakistan
In Pakistan, many companies offer gratuity schemes to their employees as a form of long-term compensation. These schemes reward employees for their loyalty and service by providing a lump sum […]
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 supply of goods and services. This is an important tool […]
How to File Balance Sheet for Sales Tax Registered Business?
The Federal Board of Revenue (FBR) of Pakistan has made it mandatory for businesses to submit their balance sheets as part of their tax compliance requirements. This requirement, which came […]
Understanding Asset Declaration Form for Government Officials
In Pakistan, government officials are required to submit an Asset Declaration form annually. This article serves as a comprehensive guide for these officials, explaining the purpose, content, and submission process […]
How to Register Business Under Tajir Dost Rule with FBR?
What is Draft S.R.O. 420(I)/2024? This notification, issued by the Federal Board of Revenue (FBR) of Pakistan, mandates the registration of all traders and shopkeepers in the country. Taking effect […]
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 aims to improve efficiency and transparency in collecting withholding tax […]