Domestic electricity consumers to pay 35% additional AIT
The federal government of Pakistan has introduced an additional advance income tax (AIT) of up to 35% on the consumption of electricity by individuals not appearing on the Active Taxpayers List (ATL). This measure, implemented through the Tax Laws (Third Amendment) Ordinance, 2021, is designed to incentivize professionals and individuals to declare their income and … Continue reading Domestic electricity consumers to pay 35% additional AIT
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