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PRA Notification (Retrospective Effect)

Punjab Revenue Authority issued Notification Ref: No SO(TAX01-1/2015-16(Vol.11) dated 30 August 2017 (recently uploaded on PRA website). Through this notification, PRA has extended the validity of PST reduced rates date extended to 30 June 2018. The Notifications for the financial year 2017-18 (i.e upto 30 June 2018) retrospectively effective from 1 July 2017. Please click below to view [...]

By | September 29th, 2017|News|0 Comments

FBR Circular (Extension in Filing Date)

Federal Board of Revenue has issued Circular No 7 of 2017 (ref: N.No.2(2)Tax.Base/2010-Pt-1) on September 2017. This Circular states that the Date of Filing of Income Tax Returns / Statements for Tax Year 2017 has been extended upto October 31, 2017 Please click below to read the entire Circular 20179292292243721CircularNo.7

By | September 29th, 2017|News|0 Comments

FBR Notification

Federal Board of Revenue has issued SRO 981(1)/2017 dated September 28, 2017. Through this SRO FBR has issued the Final version of Individual Return FTR WS Final Forms-TY 2017. Wealth Statement with Wealth Reconciliation and Personal expenses Form Instructions for filling return Form and Wealth Statement Return Form and FTR Statement (IT-IB) Form for Individual [...]

By | September 29th, 2017|News|0 Comments

FBR Circular

Federal Board of Revenue has issued Circular No 6, 2017 ref C.No 1(96)R&S/2017 dated September 29, 2017 regarding Clarification on Bahbood Certificates / Pensioners Benefit Account. Please click below to view the original Circular. 2017929189207272017Circular06        

By | September 29th, 2017|News|0 Comments

SRB circular

Sindh Revenue Board has issued circular Clarification in Respect to the Expenditure Heads Declared in Financial Statements vide reference number NO SRB-AC-37/WHT/CL/2016-17/212139. Please click below to read the original Express notice before the Issuance of Show Cause notice. 170928-357.2-Service Tax-WHT Monitoring Notice

By | September 29th, 2017|News|0 Comments

FBR Notification

Federal Board of Revenue has issued 950(I)/2017 on September 20, 2017. Through this SRO FBR has issued DRAFT Income Tax REturn for Individuals for TY 2017. Please click below to view the original and detailed amendments. 20179211693213492DraftITReturn2017

By | September 22nd, 2017|News|0 Comments

FBR CIRCULAR

Federal Board of Revenue has issued S.R.O.929(I)/2017 on September 18, 2017 wherein Draft Income Tax Return for Companies for TY 2017 has been issued. Please lick on the link below to access the draft return format / notification. 2017918169455435CompanyITReturnScreensTY2017

By | September 19th, 2017|News|0 Comments

SECP NOTIFICATION

Securities and Exchange Commission of Pakistan has issued S.R.O. 928 (I)/2017, on September 18, 2017, regarding DRAFT Shariah Advisors Regulations, 2017. Please click of the link below to access the entire Regulations. Shariah Advisors Regulations 2017 - 11 September 2017

By | September 19th, 2017|News|0 Comments

FBR CIRCULAR

Federal Board of Revenue has issued Circular No 5 of 2017 regarding Explanation regarding manual Income Tax Return for Individuals and AOP for TY 2017. Please click the link mentioned below for the original Circular and Forms. 201791520922301CircularNo5-2017 2017824158730575ManualReturnTY2017 (1)

By | September 18th, 2017|News|0 Comments

FBR CIRCULAR

Federal Board of Revenue has issued Circular 4 2017 on September 6, 2017. In the aforementioned circular FBR has given explanations for certain amendments in Income Tax Ordinance 2001 bring about due to Finance Act 2017. Please click on link below to read the entire explanations. 201796149402990CircularNo04of2017

By | September 7th, 2017|News|0 Comments