Hdfc Standard Life Plans, sec.
A number of income tax experts condemned this move.
Dont want to be all techie here, but if you are noticing seemingly random amount deduction in pakistan your bank accounts, then its about time you need to file your income tax returns asap.
A major reason is that a large number of salaried employees lie under the slab of PKR 400,000 PKR 500,000, which could also create cases where even a peon of a corporate entity might have to file for income tax return for 2015.This tax is applicable on non-filers.NTN Registration/e-registration, when you think about it, the process isnt as difficult as it slabs may seem; especially when FBR has made everything available online.30,900/- saved on Investment.1,00,000/- All our Pension Plans Buy Pension Plans and Save Tax slabs Sec.The government claimed that the changes would not affect the tax chargeability on the salaried class.Maybe that is the reason everyone is hiring an expert for the job.E-Enrollment at FBR, now the final step is e-enrollment at FBR for username and password.(Updated for year ).Click Verify pakistan and Submit. They said those who fall in slab of taxable income will also pay the differentials from July 1 although the amendment was applied from October.
10,00,000 30, income Tax Deductions and Exemptions, income Tax Section.
For Senior Citizens (Age 60 years or more but less than 80 years).
The sources said the Federal scheduler Board of Revenue (FBR) has already directed employers to recover the differential tax amounts.With over 200 centers set slabs up to facilitate tax payers by FBR, we still lack behind in tax collections.Click here to register for NTN, go for Individual if you are a salaried slabs employee.Downloadable Individual Tax Return Forms Please share your views.See below (this example is to give you an idea, be careful when you work on these calculations).Random Taxes Paid: PKR 20, total amount of expenses: PKR 120 (Call it Z). FBR, however, said salaried individuals drawing income above Rs2.5 million to Rs4 million are liable to pay a fixed amount of Rs65,000 and another 15 percent of the amount exceeding Rs2.5 million.
Sources: FBR, dawn 10 comments Sign in to leave your comment Show more comments.
Income Sources: Salary income: PKR 50, rental Income (if any PKR.