How to Download Computerized Payment Receipt (CPR)
Did you recently pay taxes or fines online in Pakistan and need to download your CPR (Computerized Payment Receipt)? This receipt serves as official confirmation from the Federal Board of […]
Tax Planning Tips to Manage Your Monthly Tax Ledgers Effectively
Tax planning is an integral part of financial management, ensuring compliance with tax laws while optimizing tax liabilities. The following article provides insights into essential tax planning practices, with a […]
Gold and Taxes: A Guide to Capital Gains Tax on Gold in Pakistan
Gold has long been a popular investment choice, offering a hedge against inflation and economic uncertainty. However, the sale of gold can lead to capital gains tax, a significant financial […]
What to Do If You Miss the Income Tax Return Deadline in Pakistan?
Consequences of Missing the Income Tax Return Deadline File Your Return Voluntarily If you’ve missed the income tax return deadline but haven’t received a notice from the Federal Board of […]
Tax Filers Can Save Taxes on Electricity Bills 2024
Being an active taxpayer in Pakistan can offer benefits on your electricity bill. Here’s a breakdown of the conditions for tax savings: Who Qualifies: Domestic Consumers: Only domestic electricity consumers […]
Difference Between Super Tax and Surcharge on Salary
Super Tax vs. Surcharge: Super tax: This is an existing tax levied on very high income earners in Pakistan. It kicks in for incomes exceeding Rs. 150 million. Surcharge: This […]
How to Calculate New 10% Surcharge on High Earners Salaries for 2025
Understanding the Impact on Your Tax Bill (2025 Tax Year) For the 2025 tax year FBR introduces a new surcharge for high earners. This article explains who is affected, how […]
Things You Need to Know before Filing 2024 Tax Returns
Don’t Miss Out! Income Tax Return Filing for 2024 is Open – Here’s Everything You Need to Know The Pakistani tax filing season for the 2023-24 income year has officially […]
How to Calculate Tax on Bank Profits?
Understanding how Pakistan taxes Profit on debt or Bank Profits is crucial for both individuals and businesses receiving income from investments and deposits. This article explores the relevant sections of […]
How to Calculate Value of Perquisites, Allowances, and Benefits for Salary Taxation
Calculating your taxable income in Pakistan involves understanding not just your basic salary but also the value of any perquisites, allowances, and benefits provided by your employer. This article delves […]