National Assembly Puts Brakes on “Tax Laws Amendment Bill 2024”
“Tax Laws Amendment Bill 2024” property transaction restrictions are paused! National Assembly questions FBR readiness. Current rules apply, relief for buyers.
How Digitalization is Changing Tax Filing?
Explore how digitalization is transforming tax filing, making it faster, easier, and more efficient. Learn about e-filing, automation, and the future of tax.
How to Declare Open Plot & File in Your Tax Return?
In the landscape of wealth accumulation, investments in open plots or files – representing undeveloped land or rights to future property – are increasingly common. These assets, while not yet […]
Digital Banking & Tax Compliance in Pakistan
Digital banking in Pakistan offers ease, but what about taxes? Understand FBR scrutiny, compliance & hidden costs.
Tax Certificates Shrinking? FTO Uncovers Telecom Billing Shift Potentially Impacting Taxpayers
A Federal Tax Ombudsman (FTO) order has revealed a potential issue where telecom operators may be quietly reducing tax deduction certificates for salaried individuals. The FTO investigation highlights a telecom […]
How to Calculate Tax on House Rent Allowance (HRA)?
Understanding how to calculate salary tax is crucial, especially when factoring in additional allowances such as house rent and a company-maintained car. Many individuals find it confusing when multiple components […]
Salary Taxation & Allowances – What Employees Need to Know
Learn how salary is taxed in Pakistan, including rules on bonuses, allowances, deductions, and exemptions. Understand key taxation laws and calculations.
Public Servants are Bound to Keep Taxpayers Data Confidential
Section 216 ensures taxpayer data confidentiality while permitting limited disclosures for enforcement, legal, and regulatory purposes under specific conditions.
FBR’s Power to Call for Records – A Detailed Analysis
Learn how the FBR can review tax decisions, correct errors, and ensure fairness while providing safeguards for taxpayers. Find out more about the review process.
Seeking Relief from Time Limits for Tax Appeals
Section 214A of the Income Tax Ordinance provides an important provision that allows the Federal Board of Revenue (FBR) to exercise discretion and condone the time limits specified for the […]