A Section 147 notices from the Federal Board of Revenue (FBR) can be quite stressful, but being prepared for what this entails and knowing what to do can certainly help ease the situation. Tax laws are something you need to know no matter whether you own or run a business, are a freelancer, or are […]
The current financial industry transformation in Pakistan has resulted in digital payments replacing conventional payment methods as standard operations. The State Bank of Pakistan (SBP) established Raast ID as a unique payment identifier through which users can conduct mobile number-based transactions instead of using complex bank account information for faster, safer, and more convenient transactions. […]
Taxpayers in Pakistan may find the situation of getting an Advance tax notice under Section 147 issued by the Federal Board of Revenue (FBR) overwhelming. Upon receiving such notices, many business owners and salaried people become nervous about legal entanglements or high costs. Nevertheless, being able to handle this notice properly can prevent you from […]