Salaried employees in India may sometimes find it difficult to file Income Tax Returns (ITR), but Form 16 makes this process ...

Filing your Income Tax Return (ITR) can be overwhelming, but Form 16 makes it simpler for salaried employees. This essential ...

According to the notification, the FBR has exempted withholding tax under section 148 of the Income Tax Ordinance on import ...

Federal Board of Revenue (FBR) has released tutorial videos on Income Tax Returns Filing to facilitate the taxpayers. In a press release issued by FBR today said that Facilitation and Taxpayers ...

Net income is calculated by subtracting all expenses from total revenue. Net income offers insight into profitability but may not fully represent cash generated. Fluctuations in net income can ...

"There is a chance that the money from tariffs could be so great that it would replace (the income tax). You know, in the old days, about 1870 to 1913, the tariffs were the only form of money.

The Federal Board of Revenue (FBR) has proposed granting tax exemption to the low/middle-income salaried class in the upcoming federal budget subject to approval from the International Monetary ...

The Federal Board of Revenue (FBR) has proposed granting tax exemption on annual income up to Rs. 600,000 in the upcoming federal budget, FBR sources told ProPakistani. The proposal is still ...