Pakistan Tax Bar Association (PTBA) on Monday appealed the Chairman of Federal Board of Revenue (FBR) to prolong the deadline for filing tax returns by 60 days. According to the details, PTBA President Aftab Hussain Nagra in his letter to the FBR chairman, said that the last date should be extended till January 31st 2021, … Read more
The Federal Board of Revenue (FBR) has developed a plan to bring 7.4 million non-filers into the tax net by using the Tax-Ray portal on IRIS. IRIS is an online portal where Income Tax Return is filed. Special Assistant to PM on Revenue Dr. Waqar Masood, said that FBR has served tax notice to 70,000 … Read more
You need to have a National Tax Number (NTN) if you are liable to pay income tax, property tax, or sales tax. If you are a filer, you may get rid of some other taxes. But you have to pay an increased tax rate on banking transactions, property transactions, and vehicle token if you are a filer. If your … Read more
