Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
income tax return for salaried person
10-28-2011, 01:46 AM
Post: #1
income tax return for salaried person
hi
i want to ask a question is that
an employer is giving following allowances to his employee like house rent medical ( employer gives hospitalization facility through insurance) cola, special allowance,adhoc relief & utilities.
question is this is there any exemption as per income tax ordinance?
Visit this user's website Find all posts by this user
Quote this message in a reply
10-29-2011, 07:39 PM
Post: #2
 
No,
Please visit http://www.fbr.gov.pk for further details. You can also give detail here for detailed answer.

regards,
Visit this user's website Find all posts by this user
Quote this message in a reply
11-16-2011, 10:56 PM
Post: #3
 
under the head of salary, the deductions are not allowed but exemption are allowed i.e medical facility is exempt upto 10 percent of basic salary, and in case of car if it is used wholly for business puposes then it is exempt and if partly use for business purpose and partly for personal then 5% of the cost of car is taxable bt if the car is totally for personal use then 10% of the cost of car is taxable etc ...
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Forum Jump:


User(s) browsing this thread: 1 Guest(s)