Lawbiz is a joint initiative of team of leading tax professionals and technology enthusiasts. The initiative aims to simplify tax return filing process for individuals; especially salaried class, and promote the culture of documentation. It aims to enhance the number of tax filers in the interest of enhancing tax base of the country, at the same time, reduce huge cost to ordinary citizens who have to suffer cost of being non-filers.When you complete a section,
Tax Saving Get maximum tax saving like claiming tax credits for investments and adjustment of taxes paid on utilities, vehicle, property transactions, and cash withdrawals etc Lower Rate of Withholding Tax Non-Filers are subject to higher rate of taxes on various transactions e.g. withholding tax is applicable on cash withdrawals and banking transfers exceeding Rs. 50,000 Avoid Penalities. Be a responsible citizen and avoid penalties and/or prosecutions from the FBR for not filing return Compliance Check Many government related organizations and banks now check your FBR tax filer status before acceding to your requests, like registration of company, purchase of property and loan processing etc.
