recent blog posts

The document summarises the amendments proposed by Finance Bill, 2020 in the tax laws.

Fbr rates for property in Pakistan is hot issue these days as FBR has recently made upward revision in already prescribed FBR rates. We believe most of our readers have an understanding of FBR prescribed rates for valuation of Immovable…

If you are searching for Tax applicable on rental income from property in Pakistan, your search ends here on this post. Amendment made in income tax law through Finance Act, 2019 results in addition of more slab rates applicable to…

A complete guide to get sales tax registration in Pakistan

Draft for Income Tax return form 2019 is available for testing purpose which means it cannot be submitted at this stage, however once expected formula errors are corrected by FBR the return shall be ready for submission. To have look…

It is misconception in Pakistan that return filers are generally questioned more than anyone else, there may be other reasons for this, but in our 25 years of practice we generally encounters issues created by tax filers for their own…

This document contains amendments made in relevant laws through Finance Act, 2019 (i.e. Tax year starting from 1 July 2019 to 30 June 2020) in Income Tax, Sales Tax, FED and Customs law. We at Sharjeel Ayub & Co (Sayub)…

This is May 2019 which is the second last month of the tax year 2019, and FBR is doing much needed action which is to REMIND the tax filers who missed to file their Tax returns to FILE all previous…

This video explains about confusion that many have about who is tax filer. Generally taxpayers believe themselves as filers being taxpayer which is not the case. In order to become tax filer one need to file returns of income regularly…

The year 2018 was been different from the previous years’ in terms of increase in number of taxpayers in Pakistan. This increase is due to numerous restrictions and taxes imposed on Non-Filers by the Govt. of Pakistan. The Federal Board…

Another chance to avail filer benefit

non filers and late filers can become filers

If you are here to read this article, then there are two certain things, one is that you are Pakistani and second, you are living abroad. If you are searching for a solution for how to file income tax returns…

This document contains amendments made in relevant laws through Finance Bill 2018 (i.e. Tax year starting from 1 July 2018 to 30 June 2019) in Income Tax, Sales Tax,  FED and Customs law. We at Sharjeel Ayub & Co (Sayub)…

Income tax return filing for tax year just ended i.e. 30 June 2018 has greater significance as compared to previous years. In addition to penalties imposed by FBR for late filing of return, a person filing his /her return for…

Is it real that 23rd June 2018 last date to become Income Tax filer? That’s Incorrect Read ME Have you just received a whatsapp message saying June 23, 2018 is the last date to become filer else your name will…

Tax Amnesty 2018 –Key points in simplest possible form   In Pakistan, Tax Amnesty 2018 is discussed in every corner society, we feel it necessary to enrich you with key points of this amnesty in simplest possible form. Key points…

Budget 2018 (Finance Act, 2018 Approved) had some good news as well not so good news sandwiched secretly for example lowest income tax rates in the history announced and implemented for Individual taxpayers(Salaried as well as Business Individuals), removal of…

All Non-resident Pakistanis out there must have encountered one question in their mind, that why we should file our income tax return in Pakistan as we are not there in Pakistan so it should not be obligatory on us to…