Workshop on

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اب و

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ب

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١٦٦اذ

Maulana

Muhammad Joona Garhi

ا دعبا ر و ں ےس زیبا ر وہ اجںیئ ےگ ا و ر ذعا ب وک ا ینپ ا وھکنں ےس

وشیپا ولگ ا ےنپ ت

تقسج و

اجںیئ ےگ۔

ا ےت وٹب

د ھکی ںیل ےگ ا و ر لک ر ےتش ت

Maulana Ishaq Madni

رک ےک ا گل وہ اجںیئ

و زیبا ر ی اک ا عالں

ر ا ءبب اعطق د رگوگں وہیت ج ب ہک

تل ولوگں یک اح

وت ا ں

یک ریپو ی رکےت ےھت

ریپو اکر و ں ےس وج ا ں

و ہ وشیپا نج یک د این ںیم ریپو ی یک اجیت یھت ا ےنپ ا ں

اقمئ ےھت۔

ےک د ر ایمں

اجںیئ ےگ و ہ امتم ر ےتش وج ہک ا ں

تک ا و ر ہکبج د ںیھکی ےگ ذعا ب ا و ر

Maulana Mahmood ul Hassan Deobandi

ےک ریپو وہےئ ےھت ا و ر

ےس ہک وج ا ں

ہکبج زیبا ر وہ اجو ںی ےگ و ہ ہک نج یک ریپو ی یک یھت ا ں

ےک سب عالےق ف

٦د ںیھکی ےگ ذعا ب ا و ر عطقنم وہ اجںیئ ےگ ا ں

Maulana Fateh Muhammad Jalandhri

و ں ےس زیبا ر ی رکںی ےگ ا و ر (رفک ےک)ا س د ں

د ھکی (د و ونں ذعا ب ا یہل)وشیپا ا ےنپ ریپو

عطقنم وہ اجںیئ ےگ

ےک ا سپ ےک اقلعتب

ںیل ےگ ا و ر ا ں

Maulana Ahmad Ali Lahori

ولوگں ےس وہنجں ےن ریپو ی یک

ج ب و ہ ولگ زیبا ر وہ اجںیئ ےگ نج یک ریپو ی یک یئگ یھت ا ں

اجںیئ ےگ

وٹب

ےک اقلعتب

یھت ا و ر و ہ ذعا ب د ھکی ںیل ےگ ا و ر ا ں

Maulana Abul Aala Maududi

ولوگں ےس وہنجں ےن ریپو ی یک

ج ب و ہ ولگ زیبا ر وہ اجںیئ ےگ نج یک ریپو ی یک یئگ یھت ا ں

اجںیئ ےگ

وٹب

ےک اقلعتب

یھت ا و ر و ہ ذعا ب د ھکی ںیل ےگ ا و ر ا ں

Maulana Abdur Rehman Kilani

د ںیھکی ےگ وت [٢٠٥]ج ب وشیپا مسق ےک ولگ نج یک د این ںیم ریپو ی یک اجیت یھت۔ ذعا ب وک

ں

عطقنم وہ اجںیئ (رمت د و ں)ا ےنپریپو و

ےک ت ا یمہ اقلعتب

ا ر وہ اجںیئ ےگ ا و ر ا ں

ےس ےب ر

ےگ

Maulana Taqi Usmani

(Imagine the time) when those who were followed will disown their followers, and they (all) will see the punishment, and the bonds between them will be cut asunder,

Maulana Abdul Majid Daryabadi

When those who were followed shall quit themselves of those who followed, and they all shall behold the torment, and sundered between them shall be the Cords.

Sahih International

[And they should consider that] when those who have been followed disassociate themselves from those who followed [them], and they [all] see the punishment, and cut off from them are the ties [of relationship],

Standard rate of sales tax has been increased from 16% to 17% with effect from 13-June-2013. Additionally provision of chargeability of 1% further tax on sale to unregistered person is also applicable with effect from 13-June-2013.

Income Tax No update

Sales Tax No update

Federal Excise No update

Edition: 120

Issue: 1-07-13 www.softax.com.pk

د

ربمن :دلج ا و ل:ننس ا وبد ا و

تب 1515دح

رموفع رکمر ا ب

تب 8 قفتم ہیلع 10 دح

ہ ےس

ی ب ر یض ا ہلل اعتیل عن نب صہ

رب دبعا زعل

ی ب رضحب نب صہ

رب ، ا امسلیع، دبعا زعل ت ا د نب ا ویب

، ر

دسمد ، دبعا ولا ر ب

ہ ےس وپاھچ ہک ر وسل ا ہلل یلص ا ہلل ہیلع

ا سن ر یض ا ہلل اعتیل عن

ہ ےن رضحب

اتقد ہ ر یض ا ہلل اعتیل عن

ےہ ہک رضحب

تبر و ا

مه

لل

ر ہی د اع رپےتھ ےھت ا

کثو ں ےن اہک ا ب یلص ا ہلل ہیلع و ا ہل و ملس ا

ہ

ن یس د اع اماگن رکےت ےھت؟ ا

ےس وکں

ر ب

کثو ا ہل و ملس

ہ

ا سن ر یض ا ہلل اعتیل عن

ںیم ہی ا اضہف ےہ ہک رضحب

تب ت ا د یک ر و ا

ا ر ۔ ر

ا لنا ب

دا ع

ة و قن

ن س ج

ہ ر

جي ا لا ف

ة و

ن س جا ن

بي ا ل

ف

ا

ن

ا ا ب

نب ر

ر امےت۔فا لم

ا اچےتہ وت ا س د اع وک یھب ا یس ںیم ش

ر امےت وت یہی د اع رکےت ا و ر ا رگ وکیئ ا و ر د اع رکتف ج ب د اع اک ا ر ا د ہ

WEEKLY UPDATES (SROs, Circulars etc.)

C o n s u l t i n g , T r a i n i n g & O n l i n e S e r v i c e s Since 1991

Weekly Tips

Question: My question is that tax U/S 153 (1) (B) is adjustable or what will be the treatment for the Private Limited companies

from Tax Year 2010 to onwards. [Syed Moazzam Raheel – S.M Raheel & Co.]

Answer: Tax on Services u/s 153(1)(b) is adjustable for companies and minimum tax for Individual and AOP.

---------------------------------------------------- Question: We buy split A/C from some home appliance dealer, they issued us invoice without sales tax (not a sales tax invoice) and claim that we are not liable to charge sales tax on subsequent supply as per \"Special procedure for payment of sales tax on specified electric home appliance \" under rule 58S to 59 they also claimed that SRO 555 dated 12-06-2013 for withholding of sales tax is not applicable to them Please advise with holding of sales tax would be applicable when we make payment against purchase of home appliances [Nabeel Yousuf – Pharmevo] Answer: 1. SRO 555 of 2006 prescribed Sales Tax Rules, 2006, nothing to do with Withholding Tax.

2. Where extra tax @ 0.75% is paid by the manufacturer or Importer on specified electric goods including Air Conditioners, the said goods are treated as exempt on subsequent supply, Rule 58T(5), therefore the concept of withholding tax on exempt supplies is applicable.

SOFTAX MEMBER’S TAX QUERIES

TAX TIP OF THE WEEK

Fiscal policy Decisions by the President and Congress, usually relating to taxation and government spending, with the goals of full employment, price stability, and economic growth. By changing tax laws, the government can effectively modify the amount of disposable income available to its taxpayers. For example, if taxes were to increase, consumers would have less disposable income and in turn would have less money to spend on goods and services. This difference in disposable income would go to the government instead of going to consumers, who would pass the money onto companies. Or, the government could choose to increase government spending by directly purchasing goods and services from private companies. This would increase the flow of money through the economy and would eventually increase the disposable income available to consumers. Unfortunately, this process takes time, as the money needs to wind its way through the economy, creating a significant lag between the implementation of fiscal policy and its effect on the economy.

Every new beginning comes from some other beginning's end. [Seneca]

QUOTE OF THE WEEK

BUSINESS TERM OF THE WEEK

Day Long Workshops on

Finance Acts, 2013 Special emphasis on changes made by Finance Acts, 2013 and

subsequent notifications in Federal & Provincial Taxation Laws. Click here for more details and Online Registration

Lahore8th July, 2013Sunfort Hotel.

Karachi9th July, 2013

Sheraton Hotel

UPCOMING EVENTS