Income Tax

Withholding Tax on Dividends in Pakistan

Introduction Withholding tax on dividends in Pakistan is deducted under Section 150 of the Income Tax Ordinance, 2001. Dividends are…

2 years ago

Withholding Tax on Salary Income Section 149

  Introduction Withholding tax on salary income is deducted under Section 149 of the Income Tax Ordinance 2001. Withholding tax…

2 years ago

Advance Tax Under Income Tax Ordinance 2001

Advance Tax under Section 147 According to Section 147 of the Income Tax Ordinance, 2001, “every taxpayer whose income was…

3 years ago

Presumptive Tax and Normal Tax Regimes Income Tax Ordinance 2001

Introduction Presumptive tax and normal tax regimes have been introduced  by Federal Board of Revenue (FBR)   through  Income Tax Ordinance,…

3 years ago

Withholding Tax under Income Tax Ordinance, 2001

  Introduction Withholding tax is a mode of collection of tax at the time of payment of an income by…

3 years ago