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The taxable salary will be 500 000 498 000 2 000 On 500 000 currently applicable tax is 2 000 No expenses deduction is allowed to employee against salary
Taxation Salary income to include all allowances for tax determination December 3 2019 KARACHI Federal Board of Revenue FBR has said that for
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This memorandum gives a brief overview of significant amendments made by the Tax Laws Second Amendment Ordinance 2021 in the fiscal laws of Pakistan The Ordinance
Fuel Card vs Fuel Allowance If you receive a fuel card billed to the company it s not considered part of your salary and therefore not taxable Opt for this
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FBR has clarified that withdrawal of exemption reduced rates should not be confused with imposition of new taxes It is very clearly and candidly informed that the present budget
Last reviewed 23 January 2024 Pakistan levies tax on its residents on their worldwide income A non resident individual is taxed only on Pakistan source income including
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Taxation Salary income to include all allowances for tax determination December 3 2019 KARACHI Federal Board of Revenue FBR has said that for
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Personal deductions credits Special straight deduction is available for Zakat paid under the Zakat and Usher Ordinance A rebate at the average rate of tax is allowed on donations
Taxation Salary income to include all allowances for tax determination December 3 2019 KARACHI Federal Board of Revenue FBR has said that for
Personal deductions credits Special straight deduction is available for Zakat paid under the Zakat and Usher Ordinance A rebate at the average rate of tax is allowed on donations
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