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Schedule of examinations of exams (CAF, AFC, WST) of Institute of Chartered Accountants of Pakistan (ICAP).   For Result of ICAP exams Click Here !   RELATED ! CA Pakistan Results

Click below for details: Who can claim sales tax refunds ? How to file / claim sales tax refunds ? Documents required for submission of sales tax refunds Sales tax refund process Online payment of sales tax refunds    

Submit Taxpayers Profiling otherwise ready to be inactive filer in FBR The Federal Board of Revenue (FBR) warned taxpayers of penal action against failure to update profile and mandatory detailed information. According to FBR, through budget 2020/2021 a new amendment was introduced, under which taxpayers were required to update their profile by providing required information.

Construction company registration in Pakistan passes through the following steps. Click below links to access the details. 1- Company Registration With SECP 2- Business Registration with FBR 3- Company Registration with Pakistan Engineering Council       Related Stories How to register a construction company in Pakistan   Registration of construction company as builder and

Free use of foreign currency account outside Pakistan stopped by government. Click below for details:  Foreign Currency Accounts Rules. CONDITIONS IMPOSED Important points under foreign currency rules 2020. History / background of foreign currency accounts laws in Pakistan.   More: Taxation Of Gifts In Pakistan

Here, in this topic of “Taxation of gifts in Pakistan” we will cover the following areas: Click on the topics for further explanation.  When Gifts Treated as Income ? Fair Market Value of Property Gift In Cash or Through Banking Channel When Gift will Exempt from Tax ?   RELATED Taxation of gifts in Pakistan

Federal Board of Revenue (FBR) extended the last date for filing income tax return up to December 08, 2020. The FBR issued Circular No. 04 of 2020 to extend the date of filing of income tax returns for the tax year 2020. The individuals and association of persons who required to file their income tax

In Recent Budget, section 236I of the Income Tax Ordinance, 2001 changed with an amendment in law. Under this changed law, active tax filers in FBR exempted from tax on educational fees. 5% Advance income tax exempted to add in amount of fees. To Read More (CLICK HERE).   RELATED STORIES –How To Become Active

Withholding tax rates on sales made by manufacturers to retailers, wholesalers and distributors revised by FBR. Rates revised through amendment in Finance Act 2020. Revised Sections Under Income Tax Ordinance, 2001 a)- Section 236 G b)- Section 236 H c)- Section 236 HA TO READ MORE (CLICK HERE)   RELATED STORIES -Changes in rates of

Draft annual income tax return forms issued by FBR for Tax year 2020 on Wednesday. For filing annual income tax returns tax year 2020. SRO No. 745(I)/2020 issued by FBR. Inviting comments from the stakeholders within seven days. From the date of issuance of the draft income tax return forms. The draft annual income tax