TaxBuddy Umair | Income & Sales Tax Consultant in Pakistan

Understand Pakistan Tax Laws — Guides, Calculators & Tutorials

Expert tips and tools for individuals, freelancers, and business owners in Pakistan.

✔ Updated as per FBR tax laws · ✔ Free & educational

Latest Tax Blogs

Tax Calculators

Calculate your income tax instantly using our smart tools.

Income Tax MCQs

Q1 • Income Tax
Which section of the Income Tax Ordinance, 2001 deals with Capital Gains ?
Explanation:

Any profit earned from the sale or disposal of immovable property is taxable under the head Capital Gains.

Reference: Section 37. Capital Gain - ITO, 2001
Attempt Full Test →
Q2 • Income Tax
Which section of the Income Tax Ordinance, 2001 deals with Income from Property ?
Explanation:

Any rent received or receivable by a person, except exempt income, is taxable under the head Income from Property.

Reference: Section 15. Income from Property - ITO, 2001
Attempt Full Test →
Q3 • Income Tax
Which section of the Income Tax Ordinance, 2001 deals with tax deduction at source from Profit on debt ?
Explanation:

Every person, bank, or financial institution is required to deduct tax at source on profit on debt and deposit the deducted amount into the government treasury.

Reference: Section 151. Profit on debt - ITO, 2001
Attempt Full Test →

Frequently Asked Questions

Common questions about income tax filing, ATL status, and compliance in Pakistan.

Any individual earning taxable income above the exemption threshold defined under the Income Tax Ordinance 2001 must file an income tax return with FBR. Filing may also be required if you own property, vehicles, operate a business, or maintain foreign assets.
The Active Taxpayer List (ATL) is published by FBR and includes names of taxpayers who have filed their income tax returns. Individuals listed on ATL enjoy lower withholding tax rates on various transactions.
A filer appears on ATL after submitting an annual return and benefits from reduced tax rates. A non-filer does not submit returns and is subject to higher withholding taxes on property, vehicles, banking, and other transactions.
The standard filing deadline is 30th September following the end of the tax year unless extended by FBR via official notification.
Non-filing may result in penalties, higher withholding tax deductions, restrictions on financial transactions, and possible legal action from FBR.
Income tax is calculated according to the applicable tax slabs for salaried individuals, business income, or AOP. You can use an updated tax calculator to estimate your liability based on current rates.
Umair Mubeen - Tax Consultant

About TaxBuddy Umair

TaxBuddy Umair is a Pakistan-based educational platform focused on simplifying income tax, sales tax, and compliance matters under the Income Tax Ordinance 2001 and relevant FBR regulations.

The goal of this platform is to help salaried individuals, freelancers, business owners, and Associations of Persons (AOP) understand tax laws in a clear and practical manner.

Disclaimer: The information provided on this website is for educational purposes only and does not constitute legal, financial, or professional tax advice. For case-specific matters, consult a qualified tax professional or advisor.

  • ✔ Detailed tax guides and compliance tutorials
  • ✔ Updated tax calculators based on current slabs
  • ✔ Practical explanations of ATL, filer status & withholding tax
  • ✔ Support for individuals and small businesses

Looking for general tax information?

  • Easy-to-understand tax guides and explanations
  • Information on income, sales, and property tax rules
  • Updated content based on current tax laws
  • Educational resources for salaried persons and businesses

Get in touch for general queries:

Location

Gulshan-e-Iqbal, Karachi

Contact Form

Send your general tax-related query.

Messages are reviewed for general informational purposes only.