The Federal Board of Revenue (FBR) has issued the new five-page income tax return form for traders for the year 2025. The form seeks detailed business, financial, and personal information from ...

(i) The company opts for this regime by filing Form 10-IC electronically as per Rule 21AE of the Income-tax Rules, 1962. (ii) The option must be exercised on or before the due date of filing return ...

New rules are yet again in store for 2025 sales of tickets and other goods and services online. Sellers flagged as 'business' or 'professional' sellers on platforms may get 1099-K forms at lower ...