Section 75A of the Income Tax Ordinance has brought significant changes to the property buying process in Pakistan. As a Pakistani property buyer, it is essential to understand the implications […]
This guide outlines the process of creating and paying the 2024 ATL surcharge for individuals, Associations of Persons (AOPs), and companies. Your taxpayer status may become inactive on November 1, […]
The Income Tax Ordinance 2001 empowers the Federal Board of Revenue (FBR) to enforce the filing of income tax returns. This authority is particularly relevant to individuals who are not […]
The Income Tax Ordinance (ITO) in Pakistan has been strengthened with the enforcement of the Finance Act 2024. This update introduces stricter regulations and harsher penalties for companies and associations […]
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 […]
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 […]
Running a business in Khyber Pakhtunkhwa? Keeping your sales tax registration active is crucial. This article dives into Khyber Pakhtunkhwa Finance Act, 2013, explaining the process of “inactivation” or “suspension” […]
