Pakistan Revenue
KARACHI: Pakistan Tax Bar Association (PTBA) has recommended abolishing 12 different provisions of withholding income tax in order reduce the cost of business. The apex tax bar of the country in its tax proposals for upcoming budget 2019/2020 recommended rationalization of withholding tax regime and in the first step it suggested eliminating 12 withholding tax […]
Continue Reading
KARACHI: Pakistan Tax Bar Association (PTBA) has suggested the Federal Board of Revenue (FBR) to outsource the preparation of profiling potential taxpayers to a data mining company for broadening of tax base. The PTBA in its tax proposals for budget 2019/2020 suggested the tax machinery that the assignment of preparation of profile of potential taxpayers/registered […]
Continue Reading
KARACHI: Pakistan Tax Bar Association (PTBA) has assured full support to Syed Muhammad Shabbar Zaidi, newly appointed chairman of Federal Board of Revenue (FBR). In a statement issued on Saturday PTBA welcomed the appointment of Shabbar Zaidi as chairman of Federal Board of Revenue (FBR). The tax bar declared the appointment of Shabbar Zaidi as […]
Continue Reading
KARACHI: Pakistan Tax Bar Association (PTBA) has said that there should be accountability framework for tax officers in order to make audit transparent. Abdul Qadir Memon, President, PTBA in a message to PTBA Tax Journal outlined eight-point recommendations to tax authorities for making audit system more transparent in order to boost confidence of taxpayers on […]
Continue Reading
KARACHI: The Pakistan Tax Bar Association (PTBA) has formally requested the Federal Board of Revenue (FBR) to extend the deadline for filing income tax returns for the tax year 2018 to April 30, 2019.
Continue Reading
KARACHI: Pakistan Tax Bar Association (PTBA) on Thursday demanded the government of recruiting accountant members of tribunals of Customs and Inland Revenue should be through Federal Public Service Commission (FPSC) and approved by Supreme Court / High Court. The PTBA has sent communication to Dr. Farough Naseem, Federal Minister of Law & Justice, Asad Umar, […]
Continue Reading
KARACHI: Pakistan Tax Bar Association (PTBA) on Thursday asked Federal Board of Revenue (FBR) to extend the last date up to March 31 for availing audit scheme under Section 214E of Income Tax Ordinance, 2001.
Continue Reading
The tax bars in Pakistan have voiced their concerns regarding short-term stay orders issued by the Appellate Tribunal Inland Revenue (ATIR).
Continue Reading
The Pakistan Tax Bar Association (PTBA) has urged the government to include late filers into Active Taxpayers List (ATL) by deleting Section 182A of the Income Tax Ordinance, 2001.
Continue Reading