Tax Calendar & Legal Resources
Essential compliance deadlines, tax checklists, and statutory guidance for Pakistan taxpayers.
FBR Key Compliance Deadlines
Annual Income Tax Return Deadline
For individuals, salaried persons, and sole proprietors.
Corporate Income Tax Return Deadline
For companies with financial year ending June 30.
Monthly Sales Tax Return (Annex-C)
Filing monthly sales tax returns for registered businesses.
Withholding Tax Statements (Section 165)
Filing quarterly withholding tax statements on IRIS portal.
Frequently Asked Tax Questions
What happens if I receive a notice under Section 122 from the FBR?
A notice under Section 122 signifies an amendment of assessment or audit query. It requires structured legal reply within the stipulated deadline to prevent ex-parte tax demand creation.
Why is maintaining Active Taxpayer List (ATL) status important?
ATL status reduces withholding tax rates on bank transactions, property purchases, vehicle registration, and dividend receipts by 50% or more.
Can non-resident Pakistanis (NRPs) claim tax exemption on foreign remittances?
Yes, under Section 111(4) of the Income Tax Ordinance 2001, foreign currency remittances brought into Pakistan through legitimate banking channels are protected and exempt.