Prize bonds investment soars by 17.07 percent to Rs929.64bn

KARACHI: The investment in prize bonds has soared to Rs929.64 billion by January 2019 as compared with Rs794.09 billion by the same month of the last year, showing an increase of 17.07... Read more »

FBR estimates Rs50 billion income tax loss from salary

ISLAMABAD: Federal Board of Revenue (FBR) has estimated loss of Rs50 billion due to downward revision in of tax rates to salary income. Read more »

Income Tax Ordinance 2001: advance tax on paying education fee abroad

KARACHI: Foreign exchange companies are responsible for collecting advance tax on remitting abroad the education related expenses. Read more »