Pension, Gratuity and Provident Fund: What Retirement Money Is Actually Taxed
Pension income up to Rs 10 million a year is tax-free, with 5% above that. How gratuity and provident fund…
Latest Articles
Sales Tax on Services: Why Your Rate Depends on Which Province You Bill From
Services are taxed by the provinces, not FBR. Punjab charges 16%, Sindh, KP and Balochistan 15%, and telecom sits at…
Advance Tax Under Section 147: The Four Dates Businesses Keep Missing
If your last tax bill topped Rs 100,000, you owe advance tax in four quarterly instalments. The due dates, who…
Capital Gains Tax 2026-27: The 1 July 2024 Date That Decides Your Bill
How capital gains tax works on property and securities in Pakistan, why the acquisition date matters more than the holding…
You Got an FBR Notice. Here Is What Each One Means and What to Do
Section 114, 176 and 122 notices ask for very different things and carry very different risks. What each one means,…
Income Tax Slabs 2026-27 Pakistan: The New 8-Band Structure, Who Saves, and the Exact Numbers
From July 1, 2026, salaried Pakistanis pay tax under a new 8-band structure. Four middle slabs are cut, the 9%…
FBR Green Plate Scheme 2026: How Small Shopkeepers Can Pay Just 1% Tax and Skip Audits
FBR's new S.R.O. 1166(I)/2026 lets small retailers pay 1% of gross turnover and get a QR-coded Green Plate that exempts…
ATL Surcharge 2026: Rs 25,000 Late Filer Fee and How to Avoid It
The ATL restoration surcharge rose from Rs 1,000 to Rs 25,000 on 1 July 2026. Who pays it, how it…
How to Become a Filer in Pakistan 2026: Step-by-Step FBR IRIS ATL Registration Guide
First-time filer guide: register on FBR IRIS, get your NTN, file your first return, and appear on the ATL. Direct…
FBR’s New Section 21(r): The 3% Digital-Invoicing Penalty Hitting Every Non-Compliant Business from July 1, 2026
Finance Act 2026's new Section 21(r) means every non-integrated business pays a 3% permanent difference on total monthly expenditure until…