Mangral Law Associates

16/02/2016

Benefits of filing income tax returns in time, getting your name in the Active Taxpayers List and be treated as Filer
If your name appears in the active taxpayers list, you will be treated as a ‘filer’ and lesser withholding taxes should be payable by you. Some of the Instances are given below:
1- You will not be subjected to withholding tax @ 0.3% on all banking transactions, which will be 0.6% after 30.09.2015. This tax is other than the tax mentioned at Sr. No.5 below.
2- You will have to pay 50% less tax on purchase of vehicles and immovable properties.
3- You will have to pay 50% less token tax.
4- In case of dividend the filers shall be charged tax @ 10% and non-filers @ 15%.
5- In case of cash withdrawals of more than Rs.50,000 the rate in the case of filer will be 0.3% and in case of non-filer 0.5%.
Call to 03008321473 and save your money.

29/08/2015

Dear friends,
Statement u/s 165 is so far is not uploaded in IRIS. The FBR officials are playing with Tax Consultants. Due date was extended till 15.09.2015. It is also last date of Sales Tax Returns. It will also be middle of the month of September and we will be very busy in making Income Tax Returns of Tax Year 2015. How can a Tax Consultant do all works honestly in such conditions.
FBR WALO KHUDA KA KHOF KARO. We Consultants are also humans. This year the Income Tax Returns with errors will automatically selected for audit.
In these circumstances we should raise our voice and the FBR should be compelled to enhance due date of statements u/s 165 and Income Tax Returns of Tax Year 2015 till 31.12.2015.
The liabilities of Tax Bars and Pakistan Tax Bar are more important than individual voices.

17/08/2015

The Federal Board of Revenue (FBR) has prepared Income Tax annual return Form for Tax Year 2015 by incorporating necessary legal changes and suggestions of business community and of professional bodies.
The new Income Tax returns for all taxpayers are uploaded on FBR’s website www.fbr.gov.pk.
Taxpayers are to use these returns for filing their annual Income Tax returns due by 31st August for salaried persons and by 30th September for companies closing their accounts by 31/12/2014 and all other non-salaried individuals and Associations of Persons (AoPs). http://www.fbr.gov.pk/ShowAllUpdates.aspx

Information about Income Tax, Sales Tax, Federal Excise and Customs. It also provided information about all electronic system of FBR, for example e-filing, Taxpayer Registration, NTN Sales Tax Verification

07/08/2015

File your income tax return electronically.
Last date of e-filing the Income Tax Returns for Tax Year 2015 is 30th September.

07/08/2015

Income Tax Slabs for Salaried Person in Tax Year 2016

07/08/2015

Under tax Umbrella, you will be safe.
To get yourself register as filer, please contact.

07/08/2015

Contact us to save tax