Tag Archives: non-filer

FBR exempts withholding tax levy on non-filers paying premium on agri products

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ISLAMABAD: Federal Board of Revenue (FBR) has exempted the withholding tax on premium payment by non-filers against insurance of agriculture products.

FBR amends rules for issuing notice to non-filers of income tax return

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KARACHI: The Federal Board of Revenue (FBR) has amended rules for issuing notices to persons fail in filing annual income tax return and as per the amended rules a commissioner of Inland Revenue is empowered to make a provisional assessment of taxable income of persons in default.

Non-filers to pay 17.5 percent withholding tax on profit of national saving schemes

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KARACHI: A non-filer of income tax return will pay 17.5 percent as withholding tax on receipt of profit above Rs500,000 on national saving schemes.