Tax payer profile Section 114A abolished
Tax payer profile Section 114A abolished: Currently, the taxpayers are required to update their profiles before 30th June 2021. However, now the Finance Bill 2021 has proposed to omit the said section. Therefore, the requirement regarding updating of tax payer profile has been removed.
For more information on FBR’s new regulations / circulars/ SROs/ amendments in taxation laws in Pakistan please visit https://www.fbr.gov.pk/