Salary Can Be Paid Through Digital Mode

Salary Can Be Paid Through Digital Mode

Salary Can Be Paid Through Digital Mode via Section 21(M): A person can incur salary expense other than through crossed banking instrument within a limit of Rs 25,000/- per month.

The amendment Ordinance has expanded the channel of distribution of salary by including through digital mode in it. Now a person can make salary payment through digital mode to employee and claim it as a tax expense.

For more information on FBR’s new regulations / circulars/ SROs/ amendments in taxation laws in Pakistan please visit https://www.fbr.gov.pk/

For taxation services please contact us and to read more of our blogs click here.

Leave a Reply

Your email address will not be published. Required fields are marked *