Introduction: The Myth of the General Cash Tax The Advance Tax on Cash Withdrawal often confuses taxpayers in Pakistan, with many believing it applies to everyone. However, a strict reading of the Income Tax Ordinance, 2001 (ITO, 2001) and subsequent FBR Rate Cards confirms a crucial fact: Section 231AB is a penalty mechanism aimed exclusively...Read More

Content Outline: The Legal Shift: Detail the amendment of Rule 73 of the Income Tax Rules, 2002, via S.R.O. 2107(I)/2025, which now mandates electronic submission of returns and withholding statements. The Amnesty/Deadline: Clarify that Circular No. 06 of 2025 gives former manual filers a strict extension until November 30, 2025, to transition to e-filing with...Read More