Government of Pakistan Revenue Division Federal Board of Revenue Islamabad has issued Notification on 30-09-2018 in connection with Extension in Date of Filing of Income Tax Returns/Statements upto 30th Nov 2018. Detail is as under:
Income Tax
Explanation Important Amendments Income Tax Ordinance 2001 Through Finance Act 2018
Government of Pakistan Revenue Division Federal Board of Revenue has issued Notification on 12-09-2018 in connection with Explanation Important Amendments Income Tax Ordinance 2001 Through Finance Act 2018. Summary is as under:
Notification of Deduction Zakat Bank Accounts Nisab of Zakat (Rs. 39198/-)
Government of Pakistan, Ministry of Religious Affairs & Interfaith Harmony has issued Notification on 14-05-2018 in connection with Deduction Zakat Bank Accounts Nisab of Zakat. Detail is as as under:
New Revised Income Tax Slabs for Salaried Persons
I am here sharing today the proposed New Revised Income Tax Slabs for Salaried Persons. Earlier it was announced that there would be no tax upto the annual salary of 1200000/- 12 lacs but now it has been decided to start tax from 4 lacs per annum income. Detail is as under:
Brief on Income Tax (Amendment) Ordinance 2018
Here I am sharing the Brief on Income Tax (Amendment) Ordinance 2018 submitted by Mr. Muhammad Husnain. If any amendment/correction required please mention the same in the comments so that there may be correction done.