Taxationist Corporate Consultants

22/08/2026

22/08/2026

21/08/2026

MIS Real Estate Marketing Pvt Ltd. Thanks for the warm hospitality!

17/08/2026

🎉 2,000,000 Views & Counting! 🎉
At Taxationist Corporate Consultants, we simplify Pakistan's complex tax and corporate procedures for young professionals and businesses. Reaching 2 million views is a milestone we owe to every person who trusted us to make tax and corporate law easier to understand.

Thank you for being part of this journey!
More awareness ahead! 🙏

28/07/2026

FBR has now given a major relief to taxpayers who missed the FY2025 filing deadline and were facing a hefty late filing surcharge (up to Rs. 25,000 for individuals, Rs. 50,000 for AOPs, and Rs. 1,00,000 for companies) to get onto the Active Taxpayer List (ATL); under this new update, any FY2025 late filer who now files their Income Tax Return for FY2026 will automatically become an Active Filer in the system without paying that surcharge at all, making this the easiest and cheapest way to fix your filer status, unlock lower withholding tax on bank transactions, property, and vehicle registration, and avoid future penalties — so if you're still not on the ATL, this video explains exactly how to take advantage of this window before it closes.

23/07/2026

Foreign Remittance Received on Behalf of Someone Else Pass Through Foreign Remittance
Receiving a family member's foreign remittance in your bank account and passing it on? Learn how to correctly declare pass-through foreign remittances in your wealth statement under Section 111(4), and why proper disclosure keeps your tax record clean even when the money isn't yours.

22/07/2026

Is Western Union Remitly Money Considered Banking Channel for Foreign Remittance? | Sec 111 of ITO
This video explains whether remittances received through Western Union, Remitly, or other exchange companies qualify as "normal banking channels" under Section 111(4) of the Income Tax Ordinance, 2001, and what conditions — including the Rs. 5 million limit and bank encashment certificate — must be met to claim this exemption from unexplained income provisions.

27/06/2026

PRA Active Taxpayer List Mandatory for Issuance & Renewal of License by Regulators & Govt Contracts
Under the Punjab Finance Bill 2026, Section 76A has been completely replaced — effective 1st July 2026, any licensing authority in Punjab is now legally bound to verify Active Taxpayer List (ATL) status of PRA before issuing or renewing any business license, and all procuring agencies must confirm ATL registration before awarding or renewing any government contract, meaning unregistered or non-compliant businesses risk losing both their licenses and contract eligibility — the only relief is for newly established businesses, who are exempt from this requirement for the first 6 months from their date of registration.

27/06/2026

3 input Adjustment Changes in PRA| 80% Input tax Adjustment| Capital Goods Now in 12 Instalments
The Punjab Finance Bill 2026 has introduced 3 major changes to input tax adjustment rules under PRA effective 1st July 2026 — input tax is now completely disallowed on invoices from suppliers not appearing on the Active Taxpayers List of PRA or FBR, the input tax adjustment cap has been reduced from 90% to 80%, and under the new Section 16CC, input tax on capital goods, machinery, and fixed assets must now be adjusted in 12 equal monthly instalments instead of a lump sum — watch this video to understand how these changes impact your business cash flow and tax compliance.

27/06/2026

Restaurant Tax Increased to 8% on Digital Payments | Punjab Finance Bill 2026
Starting 1st July 2026, restaurant services in Punjab will be taxed at just 8% if customers pay via card, mobile wallet, or QR code — down from the standard 16%! This amendment to the Punjab Sales Tax on Services Act 2012 (Second Schedule, Part III, S/N 1), through the Punjab Finance Bill 2026 is a major push toward digital payment adoption. Cash payers will still face 16%. A must-watch for restaurant owners, tax practitioners, and customers alike.