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Registration for non-residents companies

Since the launch of FBR IRIS registration module there has been a problem of registering non-resident taxpayers.

FBR on 12th May 2016 proposed amendment in rule 80B of the Income Tax Rules, 2002. Where by clause q of sub rule 2 of rule 80B of the same rules is PROPOSED to be deleted.

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Tax on Bahbood Certificates

Keeping in view the hardships faced by the widows and senior citizens, Bahbood Savings Certificates (BSCs) with a 10-years maturity period were launched by the Government of Pakistan on July 30, 2003. Initially, BSC was meant for widows only; however, it was decided later by the Government to extend the facility to senior citizen aged 60 years and above with effect from January 1, 2004.

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Notice from Federal Board (FBR) or Sindh Board of Revenue (SRB)?

You have received a letter from FBR or SRB requiring you to present any record or information. What’s your plan? Thinking how FBR or SRB got to know about me, as I never dealt with them in any way. One thought may come to your mind that ‘mistake’, that the notice is addressed to you in mistake and you were not the intended recipient. Mind you if the notice / letter states your name / CNIC number or NTN then it’s surely not ‘mistake’ and you are the intended recipient of the letter.

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Sales Tax Returns STRIVE

Modification in e-filling of sales tax return

If you are person responsible for tax function of any organization (size and form of the organization doesn’t matter), whether it’s a public listed company or a sole proprietorship both face the same deals of problems while e-filing sales tax return.

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How to apply new NTN for AoP or Company?

Registration for Income Tax and Sales tax for Association of Person (AoP) and Company is now processed through FBR IRIS facilitation desk. It means one cannot initiate the process directly from e-portal.

How to apply new registration for Individual Taxpayer

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