This is how you can file your tax returns in Pakistan
The Iris account is your complete personal tax management system on FBR’s website Pakistan . This is how you can file your tax returns in Pakistan. As we obey our religious duties with all our faith. Taxes are one of the duties need to be submitted with faith and honesty. As we know, income tax […]
Why FBR should extend the return filing date of 8 December?
The revenue authority claims that it will not extend the filing date of 8 December. It also claims to impose penalties on non-filers who did not file within the due date. Why FBR should extend the return filing date of 8 December? Federal Board of Revenue intends to impose penalties on non-filers who missed the […]
The last date to file your tax returns is 8 December and you better do it
FBR has been issuing several warnings to individuals and companies that it may not enhance the time limit this time. The last date to file your tax returns is 8 December and you better do it. The Federal Board of Revenue has time and again said it does not plan to enhance the time limit. […]
You can know what data FBR has about you and it is very alarming
The data includes information about your assets, properties, bank accounts, etc. FBR is also aware of the travel history of citizens, especially those travelling abroad. You can know what data FBR has about you and it is very alarming. This data includes all the information such as your personal details, financial strengths, properties and other […]
Pakistani gets 12 billion in his account and he doesn’t know who sent it?
The startling fact came after country’s tax regulators sent a notice to the man who was totally unaware of the money Pakistani gets 12 billion in his account and he doesn’t know who sent it? Ramesh Kumar came to know about the money after intimation from tax authorities. The Federal Board of Revenue (FBR) sent […]
What does FBR’s 17% sales tax on used cars means?
The tax is already imposed on the new cars and it will result in double taxation What does FBR’s 17% sales tax on used cars means? It means that no one can buy or sell a used car without paying the sales tax. Moreover, the imposing of sales tax amounting to 17% means the cars […]
Pakistani economy loses 1.3 Trillion Rupees due to corona virus
Pakistan will be having negative GDP growth of -1.5% in FY 2020. No crisis before has made such drastic and devastating economic impact, as the current medical emergency that we face as the outbreak of corona virus. If the threat persists, with the required precautionary measures we must all take, we are looking at another […]