Finance Acts, SROs & Circulars Explained

Tax law changes often. If a change affects you, we can explain it for your own situation.

33 guides in this topic

• Finance Act 2026 Pakistan: Tax Guide & Key Changes29 Jun 2026

  Complete guide to Finance Act 2026 in Pakistan: key amendments and their impact on taxpayers and businesses.

• Salary Tax in Pakistan 2025-26: Slabs & Allowances24 Nov 2025

  Salary tax in Pakistan 2025-26: tax slabs, taxable allowances, gross vs take-home pay and legal tax-saving tips.

• Pakistan Tax Rates 2025-26 with Section References24 Nov 2025

  All Pakistan tax rates for 2025-26 with Section, Schedule and Division references: salaried, business, property and withholding.

• Best Tax Saving Tips in Pakistan (Legal Ways)22 Nov 2025

  Legal ways to reduce your tax in Pakistan for salaried individuals, business owners and investors: benefits, credits and planning tips.

• Questions to Ask Your Tax Consultant Before Hiring20 Nov 2025

  Key questions to ask a tax consultant before hiring one in Pakistan, whether you are an individual, business owner or company.

• Section 151A: Tax on Gain from Debt Securities7 Nov 2025

  Section 151A taxes gains on disposal of debt securities such as PIBs and Treasury Bills. How the tax works.

• Section 65G: Tax Credit for Industrial Undertakings3 Nov 2025

  Section 65G tax credit for specified industrial undertakings to encourage investment and technology. Conditions explained.

• Tax Credit on Charitable Donations: Section 6131 Oct 2025

  Donors can reduce tax with the Section 61 credit for charitable giving. Eligibility and claim process.

• Section 236A: Advance Tax on Sale by Auction31 Oct 2025

  Section 236A requires the person conducting a public auction or auction by tender to collect advance tax at the time of sale.

• FBR Circular 03/2025: Change NTN/STRN on Industrial Connections22 Oct 2025

  FBR SOP (circular dated 22 October 2025) for changing NTN/STRN on industrial electricity and gas connections: process and impact.

• Sindh Agricultural Income Tax Act 2025: Commentary21 Oct 2025

  Practitioner's analysis of the Sindh Agricultural Income Tax Act 2025: key provisions and compliance points for landowners.

• Tax Liability of Deceased Persons: Section 8722 Jul 2025

  When someone dies, tax liability continues. Section 87 explains how it is handled in Pakistan.

• Minor Child's Income Tax in Pakistan: Section 9121 Jul 2025

  A minor child's income is not always exempt. Section 91 rules on when and how it is taxed in Pakistan.

• Income Splitting & Asset Transfers: Section 9018 Jul 2025

  Section 90 of the Income Tax Ordinance 2001 on income splitting and transfer of assets within families: how it works.

• Section 61 Tax Credit for Donations in Pakistan15 Jul 2025

  Section 61 gives a tax credit for charitable donations in Pakistan. Conditions and how to claim it.

• Section 175AA: Banking & Tax Data Exchange9 Jul 2025

  Section 175AA, added by Finance Act 2025, enables banking and tax data exchange for high-risk persons. What it means.

• Section 63A: Tax Credit on Low-Cost Housing Loans1 Jul 2025

  New Section 63A gives a tax credit to individuals purchasing or constructing low-cost personal housing. Details.

• Section 22: Depreciation Disallowance for Capital Purchases1 Jul 2025

  Finance Bill 2025 amends Section 22 to disallow depreciation on non-compliant capital purchases. Impact for businesses.

• Pension / Annuity u/s 12(2)(f): Meaning & Tax Rules1 Jul 2025

  What "Pension / annuity u/s 12(2)(f)" means in your return, and how Section 12(2A) taxes pension: Rs. 10 million limit, no tax at age 70+.

• Section 160: Timely Deposit of Withholding Tax16 Dec 2024

  Under Section 160, persons who deduct or collect tax at source must deposit it on time. Rules and consequences.

• Section 89: Income Averaging for Authors' Royalties5 Dec 2024

  Section 89 offers tax relief to authors receiving lump-sum royalties through income averaging. How it works.

• Section 87: Taxation of Deceased Individuals5 Dec 2024

  Section 87 of the Income Tax Ordinance 2001 governs how deceased individuals are taxed in Pakistan.

• Taxation of Minor's Income: Section 91 Explained4 Dec 2024

  Section 91 of the Income Tax Ordinance 2001 explained: how income of a minor child is treated for tax in Pakistan.

• Provident Fund in Pakistan: Types, Tax & Benefits30 Nov 2024

  Provident Fund explained: types, tax treatment and benefits for employees saving for retirement in Pakistan.

• Tax Allowance for Approved Pension Fund Contributions29 Nov 2024

  Section 63 tax allowance for contributions to approved pension funds in Pakistan and how to plan retirement.

• Tax Rebate on Donations: Section 61 Explained28 Nov 2024

  Understand the tax rebate on donations under Section 61 of the Income Tax Ordinance 2001 and how to claim it.

• Tax Years in Pakistan: Normal, Special & Transitional26 Nov 2024

  Normal, special and transitional tax years in Pakistan explained, and why they matter for filing and compliance.

• Declaring Financial Statements for Tax: Key Points5 Nov 2024

  Key points to check before declaring financial statements under Pakistan's tax laws so your return and accounts stay consistent.

• Income Tax Ordinance 2001: Key Changes & Full Guide26 Oct 2024

  Complete guide to Pakistan's Income Tax Ordinance 2001: structure, yearly amendments and key changes for taxpayers.

• SRO 1377(I)/2024: ADRC Rules & Income Tax Rules7 Sep 2024

  SRO 1377(I)/2024 of 6 September 2024 notifies final ADRC rules and amends the Income Tax Rules 2002.

• Income Tax Refunds in Pakistan: How to Claim22 Sep 2023

  Guide to reclaiming overpaid income tax in Pakistan under the Income Tax Ordinance 2001.

• Income Tax Ordinance 2023 Changes: Section 4, 4B & 4C14 Sep 2023

  Key 2023 amendments to the Income Tax Ordinance 2001, including Section 4, 4B and 4C super tax, and who they affect.

• Pakistan Federal Budget 2023: Simple Guide10 Jun 2023

  A simple guide to Pakistan's Federal Budget 2023 and the income tax changes proposed in the Finance Bill.