withholding tax

withholding tax card 2024-25

Introduction The Withholding Tax Card 2024-25 is essential for tax management. It lists withholding rates for various transactions, helping businesses and individuals avoid penalties and stay compliant. What is a Withholding Tax Card? A Withholding Tax Card outlines tax rates for different transactions. It ensures taxpayers deduct the correct amount, reducing discrepancies in filings and […]

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tax filing status

Right to Know about the FBR Late Filer Status in Pakistan

Guide to FBR Late Filer Status in Pakistan In Pakistan, the Federal Board of Revenue (FBR) has clear rules about filing tax returns that significantly impact your financial dealings. Whether you are a “filer” or “non-filer” can influence things like withholding tax rates on banking transactions and property purchases. Recently, the FBR introduced changes affecting

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