Blog Posts

By Syed Asad Ali Shah Budget 2022-23 is continuation of series of budgets for last several years that have been increasing tax rates and withdrawing exemptions, mostly raising the tax burden on the existing tax payers. Like all previous budgets, current one also aims to reduce the fiscal deficit that has remained in the range […]

People in Pakistan pay taxes but the majority of them don’t know anything about it. They worry about being taxed differently but they don’t know about the different taxation metrics. Majority of the salaried individuals in Pakistan are unaware of how easily they can save taxes by getting adjustments from their employers and reduce their […]

If you are a retailer and selling any kind of products whether consumable or of any other nature, then you may already have a POS System or wanted to learn about POS and its integration with FBR. A POS system is significant in providing you visibility and reporting of your business sales, inventory, finance, accounts, […]

Sales Tax in Pakistan was regulated even before the formal establishment of Pakistan; for decades, the Sales Tax was based upon a very general concept, but in the late ’90s, some amendments had been made. Sales Tax then changed into Value Added Tax (VAT).  The VAT system had been very successful in the UK; then, […]

There are some special exemptions and concessions in the second schedule; we will see what they are and how they will influence you. Subsection 1 of section 53, the income or classes of income, or persons or classes of persons specified are enlisted in the Second Schedule and have some special rates, tax exemption or […]

Income Tax Returns Filing (ITRF) is a process in which you have to disclose your income and wealth statement to the FBR. The FBR every year gives 90 days to you for filing tax returns. And the deadline gets set for every 30th September for submission of tax returns. The FBR asks you about your […]

Whether you are a filer or a non-filer, whichsoever, however, you are bound to pay taxes but becoming a filer and being a filer has its own perks and benefits.  The government of Pakistan has showered the advantages, put them on the table for those who are filers, and also allotted the punishable margin (doubled […]

Tax is the country’s essential source of income, it is the first source of income for any country around the globe. Followed by tariffs, remittances, exports, and other miscellaneous sources of income.  Taxes are imposed upon the public, it is a certain form of financial charges that are collected by both the federal and provincial […]

If you’ve got a job with a regular paycheck, you’re almost certainly already paying taxes. Chances are that your employer withholds the taxes on your salary income and deposits them in government’s treasury. However, you’re still required to file your tax return to become a tax compliant citizen and avoid paying additional taxes levied on […]

The tax filing process including NTN registration in Pakistan is easy and swift with Befiler.com. You can simply sign in to start filing you income tax by answering easy questions. If you are looking for a tax estimator before you start, use Befiler’s tax calculator to verify, or cross check tax deducted on your salary […]