Section 181 – Income Tax Ordinance 2001

Section 181 – Taxpayer Registration Every taxpayer shall apply in the prescribed form and in the prescribed manner for registration The Commissioner having jurisdiction over a case, where necessitated by the facts of the case, may also register a taxpayer in the prescribed manner. Taxpayer’s registration scheme shall be regulated through the rules to be … Read moreSection 181 – Income Tax Ordinance 2001

Section 181AA – Income Tax Ordinance 2001

Section 181AA – Compulsory Registration in Certain Cases Notwithstanding anything contained in any law, for the time being in force, any application for Commercial/Industrial Connection of electricity or Natural Gas, shall not be processed and such connection shall not be provided unless the person applying for electricity or gas connection is registered under section 181. … Read moreSection 181AA – Income Tax Ordinance 2001

Section 181 C – Income Tax Ordinance 2001

Section 181C – Displaying of NTN (National Tax Number) Every Person deriving Income from business chargeable to tax, who has been issued NTN, shall display his NTN at a Conspicuous(Clearly Visible) place at every place of his Business. Illustration: Every Company & Business who have National Tax Number should display NTN certificate at prominent place of … Read moreSection 181 C – Income Tax Ordinance 2001

CDA announced Islamabad Budget

Islamabad

Capital Development Authority (CDA) Board has approved Rs. 37.9 billion Budget of the CDA for the Financial Year 2017-18 in its meeting held here at CDA Headquarters on Friday. The Budgetmeeting was  chaired by Mayor of Islamabad and Chairman CDA, Sheikh Anser Aziz. The meeting was attended by Member Finance Dr. Fahad Haroon Aziz, Member Administration Muhammad Yasir Peerzada, Member Planning … Read moreCDA announced Islamabad Budget

Step by Step guidance about registration of Startup in Pakistan

Pakistan is 26th largest economy in the world with a population of 200 Millions. In recent years, thousands of students graduated from the universities of Pakistan and many started their own startups across the country. Some start-ups are also monitor by incubators and it will be very good practice to hire some mentors who give … Read moreStep by Step guidance about registration of Startup in Pakistan

Become Tax Payer – Salaried Persons

Almost all salaried individuals have ntn and their tax is automatically deducted from salary from employers end. Therefore, Salaried individuals must submit annual tax return and save themselves from tax penalties. There are three major benefit of annual tax filling. Saving in Bank Transactions Buying/Selling Properties Buying/Selling Vehicles We assist you in this regard with … Read moreBecome Tax Payer – Salaried Persons