As per apnaqanoon, remittances exceeding Rs 5 million do not attract any addition to income chargeable to tax. Only if the foreign remittance”s source is not explainable, such amount will be added in income chargeable to tax according to income tax qanoon.
As per apnaqanoon, Income that is not classified as Pakistan source would be treated as foreign source income for the purposes of taxationqanoon. From employment exercised in Pakistan; or paid to a Government employee wherever such employment is exercised.
As per apnaqanoon ,All payments made on account of rent of immovable properties shall be subject to the above WHT rates (if made to an individual, including in case of sub-lease. Loss sustain under any head of income from Propertyis allowed to be set off against the person’s income under this head according to incometax…
As per apnaqanoon ,penalty is the punishment imposed upon a person who has violated the law/qanoon, a contract, a rule, or regulation. A penalty can be in response to either civil or criminal violations, though civil penalties are usually less severe according fbr Department of qanoon/law.
As per apnaqanoon Rs. 1,000, where the appellant is a company; and – Rs. 200, where the appellant is other than a companyor individual The above prescribed appeal fee is to be deposited in the State Bank of Pakistan or National Bank of Pakistan using the tax deposit slip form according relevant sro qanoon
As per apnaqanoon When person dissatisfied with any order passed by a Commissioner/Officer Inland Revenue has the right of appeal. In case of an Individual, the Individual himself; in case of an Association of Person (AOP), any partner or member of the association; and in case of a Company the principal related officer according tax…
As per apnaqanoon ,Zero Rated Supply to diplomats, privileged persons and privileged organizations which are covered under various Acts, Orders, Rules, Regulations and Agreements passed by the Parliament or issued or agreed by the Government of Pakistan. Supplies to duty free shops tax is charge with 0% with item according to tax qanoon/law
As per apnaqanoon Non-GST goods include fish, egg, fresh milk, etc. Grapes, melons, ginger, garlic, unroasted coffee beans, green tea leaves that are not processed, and more. Food items that are not put into branded containers like rice, hulled cereal grains, wheat, corn, according to sales tax qanoon
As per apnaqanoon, FBR made amendments to the Sales Tax Act, 1990 up to February 23, 2023, which introduced through Finance (Supplementary) Act, 2023 or the mini-budget. The present government enhanced the normal sales tax rate to 18 per cent from 17 per cent and also introduced 25 per cent sales tax rates on supply…
As per apnaqanoon ,Sales Tax is a form of tax paid to a FBR for the sale of goods and services, an indirect tax and is generally charged to consumer or exchange of certain taxable goods, charged as a percentage of the value of the product according to tax qanoon