Taxationist Corporate Consultants

Taxationist Corporate Consultants Taxationist Corporate Consultants is a key regional player in tax, corporate consulting and advisory

Our daily challenges are acquiring the most up-to-date knowledge in financial and legal advisory functions as well as an up-to-date legal knowledge of the latest amendments and utilizing this knowledge to maximize the value added services to our clients.

24/06/2026

FBR is Now Taking 5% of WHT on YouTubers & Content Creators' Income| Tax on Social Media Income
Pakistan ke content creators aur social media influencers ke liye bada update aa gaya hai! 🚨
FBR ne Budget 2025-26 mein propose kiya hai ke YouTube, TikTok, Facebook, Instagram se earning karne walon par 5% withholding tax lagaya jaye β€” aur ye tax directly aapke bank account se kaat liya jayega! πŸ’Έ
Is reel mein janiye:

βœ… Kaun affected hai β€” creators, influencers, digital earners
βœ… 5% tax kab aur kaise katega
βœ… Pehle sirf 1% tax tha β€” ab 5% kyun?
βœ… Filer vs Non-Filer β€” kya farq padega
βœ… Ye minimum tax hai ya final tax?

Agar aap content creator hain ya social media se paise kamate hain β€” ye video aapke liye zaroor hai!








Tax Immunity of Approved NPOs Against Super Tax LiabilitiesThe Appellate Tribunal Inland Revenue has delivered a landmar...
22/06/2026

Tax Immunity of Approved NPOs Against Super Tax Liabilities
The Appellate Tribunal Inland Revenue has delivered a landmark judgment in the case of Shifa Tameer-e-Millat University, clarifying the tax obligations of Non-Profit Organizations (NPOs). The Tribunal ruled that approved NPOs entitled to a 100% tax credit under Section 100C are not liable for super tax under Section 4C.

Key takeaways from the decision include the principle that if no tax is payable under the Ordinance, super tax cannot be lawfully charged or recovered. The Tribunal further established that an appeal is a continuation of original proceedings, allowing for the consideration of retrospective NPO approvals granted during the appeal process.

This judgment provides significant protection for educational institutions and NPOs, ensuring that their tax-exempt status effectively neutralizes super tax demands.
, , , , , , , , , , ,

17/06/2026

Relief for Freelancer, Software, IT & IT-Enabled Service Exporters Extended 0 25% Tax Export 2029
Major relief announced for Pakistan’s IT and IT-enabled services sector in the Finance Bill 2026! The Government has proposed to extend the concessionary final tax rate of only 0.25% on export proceeds of IT services and IT-enabled services (ITES) up to Tax Year 2029.

This extension supports:
βœ… IT exporters
βœ… Software houses
βœ… Freelancers
βœ… BPO & IT-enabled service providers
βœ… Digital export growth
βœ… Foreign exchange earnings

In this video, we discuss:
β€’ What exactly has changed?
β€’ Who can claim the 0.25% tax benefit?
β€’ Previous sunset date vs new extension
β€’ Impact on freelancers and software exporters
β€’ Tax planning opportunities for the IT industry
Stay updated with practical tax insights on Finance Bill 2026.



17/06/2026

FBR Surcharge on Late Filing 2026| Company 100K, AOP 50K & Individual 25K
Agar aap ne abhi tak Income Tax Return file nahi ki β€” toh ye news aapke liye hai! 🚨
FBR ne Budget 2025-26 mein late filing surcharge mein bhari barhotri propose ki hai. Pehle individual ke liye sirf Rs 1,000 tha β€” ab ye Rs 25,000 ho jayega!
πŸ“Š Naya Jurmana Structure:
KaunPehleAbπŸ‘€ IndividualRs 1,000Rs 25,000🀝 AOPRs 10,000Rs 50,000🏒 CompanyRs 20,000Rs 1,00,000
Ye surcharge Active Taxpayer List (ATL) mein shamil hone ke liye dena hoga agar return due date ke baad file ki.
βœ… ATL mein hona kyun zaroori hai?

Bank transactions par kam tax
Property purchase/sale mein faida
Vehicle registration mein relief
Social media earning par kam withholding

File karo waqt par β€” bacho bhari penalty se! πŸ’‘
πŸ“Œ Apna NTN banwao, return file karo aur ATL mein apna naam check karo aaj hi!




11/06/2026

How & Why Foreign Currency is Converted for Income Tax Filing | Section 71 Explained

Under Section 71 of the Income Tax Ordinance 2001, all amounts for tax purposes must be recorded in Pakistani Rupees. If you have income or transactions in a foreign currency, it must be converted using the State Bank of Pakistan's official exchange rate on the date the amount is taken into account. Whether you're a freelancer earning in dollars, an exporter dealing in euros, or receiving foreign remittances β€” this rule ensures tax calculations remain accurate, uniform, and legally compliant across all filings.



ATIR Summer Vacation 2026 UpdateThe Appellate Tribunal Inland Revenue (ATIR) has officially announced its summer vacatio...
02/06/2026

ATIR Summer Vacation 2026 Update
The Appellate Tribunal Inland Revenue (ATIR) has officially announced its summer vacation schedule for 2026.

Key Dates & Details:
Vacation Period: 13th July 2026 to 26th July 2026.

Locations: Islamabad and benches in Lahore, Karachi, Peshawar, Multan, and Quetta.

Urgent Cases: Special Benches will remain operational for urgent matters and Stay Applications.

Office Hours: 09:30 am to 02:30 pm.

Issued by order of the Hon’ble Chairman, ATIR.

Eid Ul Azha Mubarik!
27/05/2026

Eid Ul Azha Mubarik!

FBR Mandates Electronic Monitoring for Packaged Milk Production (STGO 6/2026)The Federal Board of Revenue (FBR) has issu...
22/05/2026

FBR Mandates Electronic Monitoring for Packaged Milk Production (STGO 6/2026)

The Federal Board of Revenue (FBR) has issued Sales Tax General Order # 6 of 2026, dated May 21, 2026, requiring all registered persons and toll manufacturers in the packaged milk sector to install an electronic production monitoring solution.

Key Requirements for Manufacturers:

Mandatory Hardware: Production lines must be equipped with industrial barcode scanners (capable of 20,000–60,000 SKUs per hour), counting sensors, IP cameras (5MP), and 2-hour UPS backups.

Real-Time Data: The system must provide real-time capture of the production process, object counting, and direct data transmission to the FBR’s Central Control Unit.

Authorized Vendors: Systems must be supplied, installed, and maintained specifically by vendors authorized by the Board.

Compliance Deadline: All affected manufacturers are directed to complete the installation and operationalization of these systems by June 30, 2026.



Download STGO: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://lnkd.in/dNECWVdU

The Federal Board of Revenue in Pakistan has issued a formal Sales Tax General Order requiring all registered bottled wa...
19/05/2026

The Federal Board of Revenue in Pakistan has issued a formal Sales Tax General Order requiring all registered bottled water manufacturers to implement an electronic production monitoring system. This directive specifies a comprehensive list of hardware and software requirements, including industrial barcode scanners, counting sensors, and real-time data transmission tools, to ensure transparent oversight of manufacturing volumes. Facilities are mandated to complete these installations by 15 June 2026 using only certified vendors approved by the Board. The primary objective of this initiative is to facilitate real-time data collection and analytics for legal and taxation purposes. To support the rollout, dedicated focal persons will be assigned to coordinate between the government, vendors, and water producers. These measures aim to strengthen regulatory compliance and accurately track production output across the industry.
hashtag hashtag hashtag hashtag hashtag

Address

107, 1st Floor, Paris Business Centre, Soan Garder
Rawalpindi
45710

Alerts

Be the first to know and let us send you an email when Taxationist Corporate Consultants posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Taxationist Corporate Consultants:

Share