Super tax cannot be imposed retrospectively: LHC ISLAMABAD: Lahore High Court (LHC) Tuesday held that super tax under Section 4C (Super tax on high-earning persons)... Updated 05 Jun, 2024 02:11pm
Print Number of income tax filers stands at 4.2m ISLAMABAD: The latest number of income tax return filers as per the Active Taxpayers List (ATL) now stood at 4.2... Updated 31 Jul, 2023 09:48am
Print Super tax to be applicable in TY23 and onwards: SHC ISLAMABAD: The Sindh High Court (SHC) has held that super tax on high-earning persons will not be applicable for the... Updated 23 Dec, 2022 08:59am
Print Tax on immovable properties: FBR prescribes relevant form for taxpayers ISLAMABAD: The Federal Board of Revenue (FBR) has prescribed the relevant form for taxpayers with regard to payment... Updated 05 Oct, 2022 09:55am
Business & Finance FBR disposes of 40,058 appeals during ‘tax year 2022’ ISLAMABAD: The Federal Board of Revenue (FBR) has disposed of 40,058 appeals filed by taxpayers against the FBR... Published 04 Oct, 2022 07:11am
Business & Finance ‘Past refund adjustment claims are being rejected’: FBR removes a tab from new IT return form under IRIS ISLAMABAD: The Federal Board of Revenue (FBR) has removed a tab from the new income tax return form for Tax Year... Updated 25 Sep, 2022 12:46pm
Print FBR unveils ‘individual paper return’ for TY22 ISLAMABAD: The Federal Board of Revenue (FBR) has issued “individual paper return” for the Tax Year 2022. The... Updated 27 Aug, 2022 09:44am
Print Resident persons: Deemed income from immovable properties now taxable FBR circular explains important amendments made in the Income Tax Ordinance, 2001 Updated 23 Jul, 2022 12:42pm
Print 15 sectors: 10pc supertax imposed on income exceeding Rs300m ISLAMABAD: The amended Finance Bill 2022 has imposed a 10 percent supertax for the Tax Year 2022 on persons... Updated 30 Jun, 2022 10:44am
Business & Finance Three major revenue measures may be challenged in court: Shabbar ISLAMABAD: Three major revenue measures (direct taxes) of the Finance Bill, 2022, having accumulated revenue impact... Published 16 Jun, 2022 06:55am
Budget 2022-23 Finance Bill 2022: Rate of proposed tax on deemed rental income to be 20pc Proposed tax on deemed income from an unutilised property above Rs25 million not applicable on land where agriculture activity is carried out Updated 12 Jun, 2022 03:00pm