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
Section 7E Tax on Deemed Income — Nine Properties Exempt from Section 7E Pakistan
Section 7E of Pakistan's Income Tax Ordinance 2001 taxes deemed income from immovable property. Nine categories are completely …
income tax
What Is Salary for Tax Purposes in Pakistan? — Section 12 Income Tax Ordinance 2001 Complete Guide
Under Section 12 of Pakistan's Income Tax Ordinance 2001, salary includes basic pay, all allowances, perquisites, bonuses, overtime, …
income tax
Section 236CB — Advance Tax on Functions and Gatherings at Commercial Venues Pakistan
Under Section 236CB of Pakistan's Income Tax Ordinance 2001, venue owners collect 10% advance tax (filer) or 20% …
Advertisement
income tax
List of Withholding Tax Sections Deduction of Tax at Source under the Income Tax Ordinance
Withholding tax is the tax deducted by the payer at the time of payment and deposited with FBR. …
income tax
Foreign source salary of resident individuals
Under Section 102 of Pakistan's Income Tax Ordinance 2001, foreign salary earned by a resident of Pakistan is …
income tax
Why Do People in Pakistan Want to Become Filers?
People become tax filers in Pakistan to save money — not pay more. Filers pay lower rates on …
income tax
Electricity Consumptions - Exemptions for Specific Domestic consumers
Under Section 235 of Pakistan's Income Tax Ordinance 2001, domestic electricity consumers with a valid NTN, timely return …
income tax
Section 153 — Withholding Tax on Goods, Services and Contracts in Pakistan
Meta: Section 153 of Pakistan's Income Tax Ordinance 2001 covers three categories — Clause (a) Sale of Goods …
income tax
Late Filer to Active Filer — How to Upgrade Your ATL Status Under S.R.O. 1638(I)/2024
Under S.R.O. 1638(I)/2024 dated 18 October 2024, Pakistan's ATL is now updated daily. Late filers who file their …
income tax
Five Heads of Income in Pakistan — Complete Guide under Income Tax Ordinance 2001
Under Pakistan's Income Tax Ordinance 2001, all income is classified into 5 heads — Salary (Section 12), Property …
income tax
Why Does Electricity Tax Appear in Both Tabs in IRIS? — Section 235(4) Explained
Under Section 235(4) of Pakistan's Income Tax Ordinance 2001, electricity bill tax for individuals/AOPs with annual bills up …
income tax
If profit on debt exceeds Rs. 5 million, where should it be recorded?
Section 7B(3) of Pakistan's Income Tax Ordinance 2001 excludes profit on debt exceeding Rs. 5 million from the …
Advertisement