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Cash Withdrawal Tax Update: FBR Introduces Withholding Tax on Amounts Exceeding Rs. 50,000

Income Tax Ordinance, 2001 through the Finance Act 2023, specifically focusing on the reintroduction of tax collection on cash withdrawals from Non-ATL (Active Taxpayer...

Tax Filer vs. Non-Filer: Exploring the Benefits and Drawbacks in Pakistan

In this comprehensive guide, we will delve into the detailed tax rates for filers and non-filers in Pakistan, as fixed by the Federal Board...

Government’s Plan to Reform NADRA’s Tax Assessment Powers

In an effort to enhance the tax base and improve the efficiency of tax collection, the government is considering withdrawing the powers of the...

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