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Income Tax Rates 2022-23 for Salaried Persons (Employees) with Slabs

I am sharing here the latest Income Tax Rates 2022-23 for Salaried Persons (Employees) with Slabs. There was various news regarding an increase in tax rates for employees. Now the Government has issued the latest chart of the salaried person’s…

June 30, 2022 · by Galaxy World · 12

Clarification of Tax on Salary, Pension, GP Fund and Gratuity

The Federal Board of Revenue (FBR) has issued the clarification regarding the Clarification of Tax on Salary, Pension, GP Fund, and Gratuity. There were rumours in the newspaper that FBR has imposed a tax on Medical reimbursement, Pension, Gratuity/Commutation, General…

June 21, 2021 · by Galaxy World · 0

Exemption of Special Judicial Allowance from Deduction of Income Tax

Government of Pakistan, Revenue Division, Federal Board of Revenue has issued a letter on 29-03-2021 in connection with Exemption of Special Judicial Allowance from Deduction of Income Tax. The details of the same are as under:

April 1, 2021 · by Galaxy World · 0

Filing Made Friendly for Salaried Persons Taxpayers by FBR

Federal Board of Revenue has Filing Made Friendly for Salaried Persons Taxpayers. Now the employees can make their own file easily by following a few steps to become filer.

September 18, 2020 · by Galaxy World · 0

Clarification Regarding Sales Tax Registration Number (STRN)

Government of the Punjab, Finance Department has issued Notification on 05-08-2019 in connection with Clarification Regarding Sales Tax Registration Number (STRN). Detail is as under:

August 6, 2019 · by Galaxy World · 0

Notification of Date Extension Income Tax Returns / Statements for the Year 2018

Government of Pakistan, Revenue Division, Federal Board of Revenue Islamabad has issued Notification on 02-08-2019 in connection with Date Extension Income Tax Returns / Statements for the Year 2018. Detail is as under:

August 2, 2019 · by Galaxy World · 0

Revised Rates of Withholding Tax on Prize Bonds Prize Money

Government of Pakistan, Central Directorate of National Savings, Islamabad has issued Notification on 09-07-2019 in connection with Revised Rates of Withholding Tax on Prize Bonds Prize Money. Detail is as under: The undersigned is directed to refer to the amendments…

July 14, 2019 · by Galaxy World · 1