File your return on time and avoid unnecessary penalties, compliance issues and last-minute portal problems.
Fiscal Consultants — Leading Tax Consultants in Pakistan
📞 0320-6347225
🌐 https://t.co/sdk7ullafp
#FiscalConsultants#FBR#TaxYear2026#IncomeTaxReturn#TaxReturn
The sealing of all seven branches of the Lahore coffee chain “Double Shot” highlights the importance of a strong compliance culture in every business. Tax compliance is not merely a legal obligation but a fundamental aspect of corporate governance. #TaxCompliance
The sealing is a reminder that every business needs a strong compliance culture. Shortcuts such as fake invoicing, underreporting sales, or bypassing tax systems may provide temporary gains but can result in severe legal, financial, and reputational consequences.
The new price of petrol is Rs 458.41 per litre. It was increased by Rs 134 per litre last night. This increase includes an increase of Rs 55 in petroleum levy. So the government decided to increase tax on petrol by Rs 55 at the same time it was raising prices.
So let’s understand this. The government last night raised petrol prices by Rs 79 per litre but at the same time also decided to raise taxes on petrol by Rs 55 for a total increase of Rs 134 per litre. And it keeps saying it doesn’t want to burden the people and wants to lift the burden itself. Theek ho gaya.
This is the story of how one man's obsession with the exchange rate has decimated a decade of progress on raising incomes and shrunk the Pakistani middle class. The only question is, how far has the rot spread?
Full story: https://t.co/6N6yWdVItF
This is Lahores oldest resturaunt.
3 floors, 400-500 capacity; 1-3 million sale each day.
But
No debit card, no digital payment. Just cash.
Everyone in @FBRSpokesperson knows this. Why would you only target steak houses of DHA Raya? This is the gray economy due to which punjab gets into deficit and has to beg for NFC to fund its development program. Punjab needs to revive its own revenue department. Federal cannot physically enforce tax in entire Pakistan. These are radical changes which PMLN is failing at. The only reason they dont digitize economy is that the babus who give them power are hand in glove with the business owners to mint monthlies and tender cuts. Once digitize, all transactions will be audited and all assets questioned.
File your income tax returns accurately and honestly using the newly introduced simplified return form. The deadline for filing returns is 30th September, 2025.
Additionally, taxpayers who file their returns after due or extended date may still be included in the ATL upon payment of the surcharge specified in section 182A of the Income Tax Ordinance. The previous system, whereby the ATL was shifted annually in March, has been revised.3/4
FBR has made significant amendments in the Income Tax Rules,2002, notified via S.R.O. 1638(I)/2024,dated 18th Oct 2024.These amendments,issued under section 237 of the Income Tax Ordinance,2001,are aimed at improving efficiency &responsiveness of Active Taxpayer’s List system.1/4
• 74% Pakistanis in Urban areas couldn’t meet their expenses with their current income.
• 44.4% reduced grocery purchasing to meet expenses
• 29.6% are borrowing every month to run expenses.
• 7.4% are doing extra jobs
• 11.6% can save money
Source: PulseConsultant Survey
@Gohar_Ejaz1 Capacity Payments most of the time includes previously invoiced amounts. By what logic you / Your Learned team has divided this by current year’s generation? Quiet Embarrassing TBH 🙈
@Gohar_Ejaz1 Hope our learned friend will tell with utmost honesty that OVERDUE PAYABLES is the first priority especially in Power sector when INTEREST Rates are on the rise and PKR/USD rate is uncertain or NOT. This is aburd when chairman aptma is more focused on IPP’s rather than Textiles.
Looks stupidly deceiving. @Pakistanomy Capacity Payments most of the time includes previously invoiced amounts. By what logic you have divided this by current year���s generation? @Gohar_Ejaz1 you can answer us as well.
For any non filer worried about paying double tax, the NCCPL has a 🎁 for you!
Same rates for filer/non filer in stock market, mutual funds & pmex.
Let the money flow!