ITO-2001 defines resident, non-resident persons

ISLAMABAD: Income Tax Ordinance, 2001 has defined resident and non-resident Pakistan for the purpose of apply rate of income tax on domestic source of income. The Federal Board of Revenue (FBR) issued... Read more »

PTBA urges form issuance for updating taxpayers’ profile

ISLAMABAD: Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to launch form for mandatory profile update by registered taxpayers as compliance date is fast approaching. The PTBA... Read more »

SBP directs banks to extend working hours for duty, tax collection

KARACHI: State Bank of Pakistan (SBP) on Sunday directed all banks to observe extended working hours to facilitate collection of duty and taxes on Monday November 30, 2020. A notification issued by... Read more »