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One-page Urdu return, Rs25,000 minimum tax, exemption from audit proposed
The federal government of Pakistan has officially announced a Fixed Tax Scheme for small shopkeepers and retailers, aiming to simplify the tax system for small businesses and expan...
As the federal government introduces another simplified tax system for retailers, skepticism grows over implementation
Small businesses with annual turnover of up to Rs200m to be brought into formal tax net under new initiative
As the fiscal year draws to a close, the Federal Board of Revenue (FBR) has announced that its offices across Pakistan will remain open even on holidays to ensure smooth collection...
Traders allowed to exit fixed tax scheme; car import duties slashed up to 56%
The Federal Board of Revenue (FBR) has finalized plans for a nationwide crackdown on non-filers who display lavish lifestyles on social media while remaining outside Pakistan’s tax...
The National Assembly Standing Committee on Finance and Revenue has directed the Federal Board of Revenue (FBR) to explore the possibility of allowing installment payments for PTA...
For salaried employees, small proprietors and small businessmen, the choice of filing should depend on the nature of income—not the size of the tax bill
Customs duty exemptions drop 24% to Rs499b; FTA-related cost zero
“Treasury Previews Education Freedom Tax Credit Guidance,” US Department of Treasury Release, June 10, 2026 In a significant move toward implementing the educational provision...
The federal government has introduced a major tax compliance measure under the Finance Act 2026, requiring banks and financial institutions to report high-value banking transaction...
The post Indian Crypto Trader Hit With ₹88 Lakh Tax Notice appeared first on Coinpedia Fintech News A crypto trader from Lucknow reportedly received an ₹88 lakh tax notice despite...
High rates punish compliance while farms, wholesale trade stay outside the net
Crypto investors filing their income tax returns this year need to go beyond the 1% TDS deducted by exchanges and accurately report all virtual digital asset (VDA) transactions. He...
The most you can save is Rs 15,625 a year and the benefit shrinks as your portfolio grows. Here is what tax-loss harvesting on equity gains actually delivers over 20 years.
India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including transaction-by-transaction entries in Schedu...
Самозанятые платят налог на профессиональный доход (НПД), поэтому вычет с доходов от своей деятельности оформить не могут: возвращать можно только НДФЛ, а не НПД. Но если у человек...
The federal government has proposed a wide-ranging set of tax reforms in the Finance Bill 2025–26, introducing changes to income tax slabs for salaried individuals, property transa...
ISLAMABAD: The federal government has proposed a 5% withholding tax on revenues earned by social media influencers from platforms such as YouTube, Facebook, Instagram and TikTok. T...
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