Question: Is local E-commerce business in Pakistan exempt from taxes? And what category should I select while registering my business as a Sole Proprietor through FBR? I will sell my product through my own website. Your response will be appreciated.
99% of freelancers withdraw their foreign income of IT export through Wise and Payoneer. How is it possible that these payments don't come under 154 (a)? This is a major FLAW in FBR that there are not even aware of these mediums. Does it mean that 9% of freelancers are then doing it wrong?
What to do if the Remittance was for IT and payment was through banking channels, but the bank automatically generated the PRC with incorrect code (NON IT). How to get this code corrected. Please advise!
Correction for you: You are correct that: If an IT freelancer is not registered with PSEB, 154A (1)(a) doesn't apply on him. But: 154A (1)(b) still applies on his services being exported from Pakistan. Thus, FTR applies on them. Only their FTR value is 1% with no tax credit under Division IVA and 65F
Great lecture sir
Thanks 😊
informative video 👍
Thanks 😌
JazakAllah sir
Nice video sir
1Q, sir PRA ma just registered hi hona kafi ha ya unki monthly base pe returns b jma krwana hn gi????
Kindly guide me thanks
File nil sales tax return every month
Is there any Income Tax on Freelancer or remote workers getting paid monthly but those are not employees and working on yearly contract.
Salam
What if an IT company complies the all except not registering with the provincial body how to file a return for 2022?
Question: Is local E-commerce business in Pakistan exempt from taxes?
And what category should I select while registering my business as a Sole Proprietor through FBR?
I will sell my product through my own website.
Your response will be appreciated.
99% of freelancers withdraw their foreign income of IT export through Wise and Payoneer. How is it possible that these payments don't come under 154 (a)? This is a major FLAW in FBR that there are not even aware of these mediums. Does it mean that 9% of freelancers are then doing it wrong?
How would file tax return for sellers on amazon, thanks
What to do if the Remittance was for IT and payment was through banking channels, but the bank automatically generated the PRC with incorrect code (NON IT). How to get this code corrected. Please advise!
share supporting documents to correct th code with branch manager. Invoices, contract etc.
@@taxationistcorporateconsultant thanks, your videos are very helpful. Kudos to you!
@@iammtalha Thanks for the Complement Sir.
Correction for you:
You are correct that: If an IT freelancer is not registered with PSEB, 154A (1)(a) doesn't apply on him.
But: 154A (1)(b) still applies on his services being exported from Pakistan.
Thus, FTR applies on them. Only their FTR value is 1% with no tax credit under Division IVA and 65F
if we get the payment through different payment gateway did we create challen for that amount, if yes where we can create the payment challen
i get some amount as freelancer and now i am employed so i need the payment prof to reduce my tax under sec 149