Tax on Gift in Pakistan is an important but often overlooked aspect of our financial and cultural practices. Giving gifts to our loved ones on occasions such as marriages, birthdays, or other special events is deeply rooted in our traditions. These gestures help strengthen family bonds—for example...

FBR Penalty Notice under Section 182 : The Federal Board of Revenue (FBR) imposes penalties under Section 182 of the Income Tax Ordinance, 2001, for various offenses committed by taxpayers. If a taxpayer commits any such offense, they may be liable to pay a fine. Typically, FBR first issues a show c...