CharteredAccountnts Archives | Global Tax Consultants

Tax Chargeable on Income from Property |

The rent received or receivable by a person during a tax year is chargeable to tax under head of income from property. The FBR issued Income Tax Ordinance, 2001 updated June 30, 2019 and explained the taxability on income from property under Section 15. Section 15: Income from property Sub-Section (1): The rent received or

Third Schedule to the Sales Tax Act 1990 in which items are charged sales tax at Retail Price

Following is Third Schedule to Sales Tax in which consumer items are mentioned for collection of sales tax on the basis of printed retail price: • Fruit juices and vegetable juices. • Ice Cream. • Aerated waters or beverages. • Syrups and squashes. • Cigarettes. • Toilet soap • Detergents • Shampoo Sales tax rates

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CharteredAccountnts Archives | Global Tax Consultants

Tax Chargeable on Income from Property |

Third Schedule to the Sales Tax Act 1990 in which items are charged sales tax at Retail Price

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