Income Tax Articles
Browse all income tax articles for Pakistan — covering ITO 2001 sections, filer vs non-filer rates, property tax, withholding tax, advance tax, and FBR compliance. Updated per Finance Act 2026-27. View Income Tax Guides →
income tax
50% Capital Gains Tax Reduction Under Clause 9A, Part III, Second Schedule – ITO 2001
Government employees and Armed Forces personnel can claim 50% to 75% reduction in Capital Gains Tax on first …
income tax
Exemption Under Section 236C — Advance Tax on Sale of Property for Armed Forces and Government Employees
Armed Forces personnel, Shaheed families and government employees can claim exemption from Section 236C advance tax on first …
income tax
Purchase of Assets Through Banking Channel — Section 75A, Income Tax Ordinance 2001 Pakistan
Section 75A ITO 2001 requires property above Rs. 5 million and other assets above Rs. 1 million to …
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income tax
Benefits of Being a Tax Filer in Pakistan — Complete Guide 2025-26
Discover the real financial benefits of being a tax filer in Pakistan. Filers pay 4.5% vs 11.5% on …
income tax
Section 151 Profit on Debt and Joint Bank Accounts — Rule 81B(5) & 81B(6) Income Tax Rules 2002 Pakistan
Under Section 151 ITO 2001, filers pay 20% and non-filers pay 40% tax on bank profit. For joint …
income tax
Section 236Y — Advance Tax on International Card Payments Pakistan
Under Section 236Y ITO 2001, banks deduct advance tax on international payments made through Pakistani credit, debit and …
income tax
Refund Application Process Under Section 170 — Income Tax Ordinance 2001 Pakistan
Section 170 of Pakistan's Income Tax Ordinance 2001 allows taxpayers to claim refunds of excess income tax. Learn …
income tax
Is a Business Individual Required to File Income Tax Return in Pakistan? — Section 114(1A)
Section 114(1A) of Pakistan's Income Tax Ordinance 2001 requires business individuals — shopkeepers, freelancers, consultants, doctors, traders — …
income tax
Tax on Gifts and Loans from Relatives in Pakistan — Section 39(3) Income Tax Ordinance 2001
Under Section 39(3) of Pakistan's Income Tax Ordinance 2001, gifts, loans and advances from specified relatives (parents, spouse, …
income tax
When Advance Tax on Sale or Transfer of Immovable Property Becomes Minimum Tax
Under Section 236C(2) of Pakistan's Income Tax Ordinance 2001, if you buy and sell immovable property within the …
income tax
Advance tax on sale to cigarettes products
: Under Clause 24(A) Part II Second Schedule of Pakistan's Income Tax Ordinance 2001, cigarette manufacturers must collect …
income tax
Advance Tax on Sale to Pharmaceutical Products
Under Clause 24(A) Part II Second Schedule ITO 2001, pharmaceutical manufacturers must collect advance tax of 1% (filer) …
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