Tag Archives: Federal Board of Revenue


Zafar Kalanauri

The Companies Act, 2017 Will Make Doing Business In Pakistan Easier (Part 1/3)

The Companies Act, 2017 Will Make Doing Business In Pakistan Easier (Part-1/3) What Is a Company A company, abbreviated co., is a legal entity made up of an association of people, be they


Dr Ikramul Haq

Tax Declarations Of Prime Minister: Significant Gaps

Tax Declarations Of Prime Minister: Significant Gaps “Illicit financial activities enabled by tax havens undermined the fight against poverty. When taxes are evaded, when state assets are taken and put into these

Scrutiny Over The Malpractices Of The Customs Department

Scrutiny Over The Malpractices Of The Customs Department – Lahore High Court’s Verdict: An Instrumental Step Towards Uniformity! In a judgment (recently approved for reporting as 2016 PCTLR 648 Lahore), the issue

Wedding tax

Muhammad Immad Qamar

Taxing Weddings

Taxing Weddings The National Assembly of Pakistan, vide The Finance Act 2013, added S. 236D to the Income Tax Ordinance 2001 whereby which, 5% advance tax is to be charged on various functions

LHC Declares Punjab Revenue Authority (PRA) Illegal, Sets Aside All Appointments

LHC Declares Punjab Revenue Authority (PRA) Illegal, Sets Aside All Appointments The Lahore High Court declared the functioning of Punjab Revenue Authority (PRA) illegal, setting aside appointments of its chairman and members.