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FBR Introduces new Term Eligible Person for Tax Compliance


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FBR Introduces new Term Eligible Person for Tax Compliance
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12-23-2024, 03:21 AM
FBR Introduces new Term Eligible Person for Tax Compliance

The recently passed Tax Laws (Amendment) Bill 2024 has introduced a significant paradigm shift in tax compliance by introducing the concept of “eligible persons.” This new framework aims to curb illicit financial flows and ensure that large transactions are backed by legitimate sources of income. Shifting Focus from Filing Status to Eligibility Historically, the tax […]


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