Court Declares Section 7E Unconstitutional – A Major Relief for Property Owners and Taxpayers in Pakistan Pakistan’s taxation system has witnessed many controversial changes over the years, but few provisions created as much debate as Section 7E of the Income Tax Ordinance, 2001. Introduced through the Finance Act 2022, this section imposed a deemed income tax on certain immovable properties, even where no actual income was earned from the property. From the very beginning, taxpayers, legal experts, and business communities questioned its constitutional validity. In a landmark development, the Federal Constitutional Court of Pakistan has now declared Section 7E unconstitutional and void from the beginning. This judgment is being considered one of the most important tax decisions in recent years because of its direct impact on property owners, investors, and the powers of tax authorities. The decision not only provides relief to thousands of taxpayers but also strengthens constitutiona...
سیکشن 7E پر تاریخی فیصلہ – پاکستان میں ٹیکس قانون کا اہم موڑ پاکستان میں ٹیکس نظام ہمیشہ سے بحث اور تبدیلیوں کا مرکز رہا ہے، لیکن حالیہ دنوں میں فیڈرل کانسٹیٹیوشنل کورٹ آف پاکستان کا سیکشن 7E کے حوالے سے فیصلہ ایک انتہائی اہم اور تاریخی پیش رفت کے طور پر سامنے آیا ہے۔ یہ فیصلہ نہ صرف پراپرٹی مالکان بلکہ پورے ٹیکس نظام کے لیے ایک بڑا قانونی اور آئینی موڑ سمجھا جا رہا ہے۔ سیکشن 7E کیا تھا؟ انکم ٹیکس آرڈیننس 2001 میں سیکشن 7E کو فنانس ایکٹ 2022 کے ذریعے شامل کیا گیا تھا۔ اس سیکشن کے تحت کچھ مخصوص غیر منقولہ جائیداد (Immovable Property) پر “ڈیمنڈ انکم” یعنی فرضی آمدن تصور کر کے اس پر ٹیکس عائد کیا جاتا تھا، چاہے اس جائیداد سے کوئی حقیقی آمدن حاصل نہ ہو رہی ہو۔ سادہ الفاظ میں، اگر کسی شخص کے پاس مخصوص شہری علاقوں میں جائیداد موجود ہو تو حکومت اس کی مارکیٹ ویلیو کا ایک فیصد بطور فرضی آمدن تصور کر کے اس پر ٹیکس وصول کرتی تھی۔ یہی نقطہ اس قانون کے خلاف سب سے بڑی بحث بنا، کیونکہ لوگ سمجھتے تھے کہ یہ اصل آمدن پر نہیں بلکہ محض ملکیت پر ٹیکس ہے۔ قانونی تنازع کیوں پیدا ہوا؟ سیکشن 7E کے نفاذ کے بعد...
Court Declares Section 7E Unconstitutional – A Major Relief for Property Owners and Taxpayers in Pakistan Pakistan’s taxation system has witnessed many controversial changes over the years, but few provisions created as much debate as Section 7E of the Income Tax Ordinance, 2001. Introduced through the Finance Act 2022, this section imposed a deemed income tax on certain immovable properties, even where no actual income was earned from the property. From the very beginning, taxpayers, legal experts, and business communities questioned its constitutional validity. In a landmark development, the Federal Constitutional Court of Pakistan has now declared Section 7E unconstitutional and void from the beginning. This judgment is being considered one of the most important tax decisions in recent years because of its direct impact on property owners, investors, and the powers of tax authorities. The decision not only provides relief to thousands of taxpayers but also strengthens constitutiona...
Welcome to AM Tax & Corporate Hub. Your privacy is very important to us. This Privacy Policy explains how we collect, use, and protect your information when you visit our website.
By using this website, you agree to the terms of this Privacy Policy.
2. Information We Collect
We do not collect personal information unless you voluntarily provide it. However, we may collect limited data automatically for website performance and analytics purposes.
This may include:
IP address
Browser type and version
Pages visited
Time and date of visit
Referring website
We may also collect information if you contact us directly via email or contact forms.
3. How We Use Your Information
We use collected information for the following purposes:
To improve website content and user experience
To analyze website traffic and performance
To respond to user inquiries
To maintain website security
To show relevant advertisements (via Google AdSense)
4. Cookies Policy
Our website uses cookies to improve user experience.
Cookies are small files stored on your device that help us:
Understand user behavior
Save preferences
Provide better content
Display personalized ads
You can disable cookies anytime through your browser settings.
5. Google AdSense & Third-Party Ads
We use Google AdSense to display advertisements.
Google may use cookies (such as the DART cookie) to show ads based on your previous visits to this and other websites.
Third-party advertisers may also use cookies to collect data for ad personalization.
6. Third-Party Privacy Policies
Our Privacy Policy does not apply to third-party websites or advertisers.
We recommend reviewing the privacy policies of any external websites you visit through our links.
7. Data Protection
We take reasonable measures to protect your data. However, no method of online transmission or storage is 100% secure, and we cannot guarantee absolute security.
8. Children’s Privacy
Our website does not target children under the age of 13. We do not knowingly collect personal information from children.
9. Consent
By using our website, you hereby consent to our Privacy Policy and agree to its terms.
10. Updates to This Policy
We may update this Privacy Policy from time to time. Any changes will be posted on this page with an updated date.
11. Contact Us
If you have any questions about this Privacy Policy, you can contact us:
"At AM Tax & Corporate Hub, we believe that compliance is not a burden, but a gateway to sustainable business growth. For over 15 years, our mission has been to demystify complex tax regulations and empower entrepreneurs. When you partner with us, you are not just getting an accountant—you are gaining a strategic ally dedicated to securing your legacy."
Commitment to Excellence
Delivering 100% compliance with zero compromises.
Corporate Expertise
NTN Registration
Fast track NTN for individuals and businesses.
View Details
Income Tax Return
Professional filing for salaried and business persons.
View Details
Sales Tax (STRN)
Monthly GST returns and registration support.
View Details
PSEB Registration
Tax benefits for freelancers and IT companies.
View Details
SECP Company
Company formation and annual filings.
View Details
AOP / Firm Registration
Partnership registration and deed drafting.
View Details
EPADS Registration
Complete e-procurement portal assistance.
View Details
Vehicle Transfer
Ownership transfer and biometric support.
View Details
Token Tax
Online payment and document updating.
View Details
WEBOC License
Import/Export license and registration.
View Details
Trademark/IPO
Brand protection and logo registration.
View Details
Audit & Finance
Financial statements and FBR audit replies.
View Details
Interactive Premium Tax Calculators Hub 2026
Accurately estimate your Salaried, Business, Property, and Vehicle taxes as per latest FBR laws
Enter your assets & liabilities. Zakat = (Total Assets − Total Liabilities) × 2.5% — as per Islamic Fiqh.
Gold (Sona) Rate
Nisab (Gold only): 7.5 Tola. Rate approx. 2026.
Silver (Chandi) Rate
Nisab (Mixed): 52.5 Tola of Silver value.
1.
Zakatable Items & Assets
جن چیزوں پر زکوٰۃ فرض ہے
Amount (PKR)
Gold & Silver (Sona / Chandi)
سونا، چاندی — auto from rate boxes
Rs 0
auto-calculated
Bank Balance + Cash + Foreign Currency
بینک بیلنس + نقدی / کیش + غیر ملکی کرنسی
Loan Given / Safekeeping (Amanat)
ادھار / امانت رکھوائی گئی چیزیں
Committee Deposit (Kameti Jama Raqam)
کمیٹی میں جمع کروائی گئی رقم
Property / Plot / Shop (for sale)
فروخت کی نیت سے خریدی ہوئی جائیداد
Trade Goods / Stock (Saman Tijarat)
سامان تجارت: خریدہ فروخت کی غرض سے موجود
GP Fund Deposited Amount
جی پی فنڈ میں جمع شدہ رقم
Business / Partnership Investment
سرمایہ کاری، مضاربت، شراکت میں لگی رقم
Insurance Deposited Amount
انشورنس میں جمع شدہ رقم
Prize Bonds (Current Value)
پرائز بانڈز موجودہ قیمت
1. کل رقم (Total)Rs 0
2.
Financial Liabilities
مالی ذمہ داریاں
Amount (PKR)
Financial Obligations Due (Salaries etc.)
جوابی ذمہ داری واجب الادا (ملازمین کی تنخواہیں)
All Payable Bills, Fees & Dues
تمام واجبات جن کی ادائیگی کرنی ہے
Loan to Repay (Borrowed Amount)
قرض جو ادا کرنا ہے — ادھاری ہوئی رقم
Pending Committee Dues (Kameti Baqi)
کمیٹی کے باقیاجات (اگر کبھی ملے)
Rent & Utility Bills Due (Shop/House)
دکان، مکان کا رینٹ + یوٹیلٹی بل واجب ادا
Remaining Installments (Baqi Qistain)
قسطوں پر خریدی ہوئی چیز کی باقیہ قسطیں
2. کل رقم (Total)Rs 0
Calculation Method (حساب کا طریقہ):
Subtract Total Liabilities (Column 2) from Total Zakatable Assets (Column 1). Then calculate 2.5% on the remaining amount.
To find 2.5%, simply divide by 40. For example: Net Wealth Rs 100,000 ÷ 40 = Zakat Rs 2,500.
Nisab ThresholdSilver (Mixed)
Rs 578,658
Enter assets to see progress vs Nisab
Payable Zakat (2.5%)Rs 0
Enter your assets and click Calculate.
Wealth Breakdown / حساب کی تفصیل
Enter assets to see breakdown...
Nisab Rule: If you ONLY have gold and it is ≥7.5 Tola, Gold Nisab applies. For mixed assets, Silver Nisab (52.5 Tola value) is used. Zakat is 2.5% of Net Zakatable Wealth (Assets − Liabilities).
SECP Incorporation Fee Calculator
Estimated Government FeeRs 0
Enter capital and click Calculate to see breakdown.
*Based on SECP Schedule of Fees. Consult us for exact professional charges.
Property WHT Calculator (Sec 236C & 236K)
Withholding Tax PayableRs 0
Applied Rate0%
Section--
Status--
Tip:Active Filers pay significantly less. Contact us to get filer status before your transaction.
2026 Rate Reference Table
Active FilerBuy: 1.5% - 2.5% Sell: 4.5% - 5.5%
Late FilerBuy: 4.5% - 6.5% Sell: 7.5% - 9.5%
Non-FilerBuy: 10.5% - 18.5% Sell: 11.5%
Vehicle Advance Tax 2026 (Sec 231B)
Advance Tax PayableRs 0
Base TaxRs 0
Multiplierx1 (Filer)
Engine CC--
Type--
Depreciation Applied
--
Non-Filer Surcharge Active
Your base tax has been multiplied by 3 (200% surcharge) per FBR Tenth Schedule. Register as a Filer to save .
Section 231B, Income Tax Ordinance 2001. Tax is collected at the time of registration/transfer. Transfer tax reduces 10% per year from date of first registration.
Import WHT — Section 148
Advance tax collected at import by Collector of Customs or payment intermediary u/s 153.
WHT at ImportRs 0
Rate Applied—
Tax Nature—
Note: Individual & AOP — Minimum tax (industrial undertaking for own use). Company — same. Non-filer pays 100% extra (double rate). Section 148, First Schedule.
Dividend WHT — Section 150
Tax deducted by the payer of dividend. Final tax for both Individual and Company.
Dividend WHTRs 0
Rate Applied—
Nature (Ind/AOP)—
Net DividendRs 0
Nature (Company)—
Both Individual/AOP and Company: Final Tax. Non-filer rate is double the active rate. Section 150, First Schedule.
Profit on Debt — Section 151
Individual/AOP: Final tax (if ≤ Rs 5M) or Minimum tax (if > Rs 5M). Company: always Adjustable.
Profit on Debt WHTRs 0
Rate Applied—
Tax Nature—
Net AmountRs 0
Above Rs 5M?—
Individual/AOP: Final/Minimum (if more than Rs 5M). Company: Always Adjustable regardless of amount.
Goods, Services & Contracts — Section 153
Deducted by every prescribed person making payment. Non-filer rate is double.
WHT to DeductRs 0
Rate Applied—
Tax Nature—
Net PayableRs 0
Section 153 ITO 2001. Non-filer = double rate. Manufacturer / Listed Company goods may be Adjustable. E-Commerce payments are Final Tax.
Cash Withdrawal — Section 231AB
Active filer: 0%. Non-filer: 0.8% on withdrawal above Rs 50,000/day. Adjustable for both.
Advance Tax by BankRs 0
Rate Applied—
Tax NatureAdjustable
Active filers pay ZERO! Both Individual/AOP and Company: Adjustable tax. Threshold: Rs 50,000/day. Section 231AB, First Schedule.
Prizes & Winnings — Section 156
Final tax for both Individual/AOP and Company. Non-filer rate is double.
Prize WHT (Final Tax)Rs 0
Rate Applied—
Tax NatureFinal Tax
Net Prize ReceivedRs 0
Both Individual/AOP and Company: Final Tax. Section 156, First Schedule. Deducted by prize-paying entity.
Brokerage & Commission — Section 233
Minimum tax for both Individual/AOP and Company. Non-filer rate is double.
Brokerage WHT (Minimum Tax)Rs 0
Rate Applied—
Tax NatureMinimum Tax
Net CommissionRs 0
Both Individual/AOP and Company: Minimum Tax. Section 233. Deducted by the principal.
Commercial: 10% (bill ≤20k), Rs1,950+12% (bill >20k). Industrial: 10% (bill ≤20k), Rs1,950+5% (bill >20k). Domestic non-filer: 7.5% if bill >25k. Nil if bill ≤Rs500.
Exports WHT — Section 154 / 154A
Minimum tax on export proceeds. Additional 1% advance tax u/s 147 (Adjustable) also applies on goods exports. IT/PSEB: 0.25% Final.
Total Export WHTRs 0
Sec 154 AmountRs 0
Sec 147 AmountRs 0
Sec 154 Rate—
Tax Nature—
Both Individual/AOP and Company: same rate. Goods exports: 1% Minimum (Sec154) + 1% Adjustable (Sec147). IT/PSEB: 0.25% Final. Non-filer = double rate on Sec154 portion.
Intl Card Transactions (Sec 236Y)
Withholding tax on international transactions through credit/debit cards as per Finance Act 2024.
Withholding Tax (Sec 236Y)Rs 0
Total PayableRs 0
Tax NatureAdjustable Tax
Note: Advance tax collected by banking companies on every international transaction. Adjustable against final tax liability.
Restaurant & GST Tax
Punjab Revenue Authority (PRA) or FBR Sales Tax on food services. Lower rates for card payments.
GST / PRA AmountRs 0
Final BillRs 0
Tax NatureSales Tax (GST)
Tip: Paying by card at PRA registered restaurants reduces your tax from 15% to 5% instantly.
Education Fee WHT (Sec 236I)
Withholding tax on educational institution fees for non-filers as per Section 236I.
Advance WHT AmountRs 0
Applied Rate5%
ThresholdRs 200,000/yr
Note: 5% tax is only charged if the parent/guardian is a non-filer AND the annual fee exceeds Rs 200,000. Adjustable tax.
Air Ticket FED Estimator
Federal Excise Duty (FED) on domestic and international air travel as per latest Finance Act.
Estimated FED AmountRs 0
Duty collected at the time of ticket issuance.
FED rates vary significantly by destination (Zones) and class of travel. Business class for Americas carries high FED.
Property CGT Calculator (Sec 37)
Capital Gains Tax based on holding period and taxpayer status as per Finance Act 2024 updates.
CGT Payable AmountRs 0
Effective Rate15%
Tax NatureSeparate Block
Tip: Holding property for matches than 6 years results in 0% CGT for Filers. Non-filers are taxed even after long holdings.
Shares/Mutual Funds CGT
Capital Gains Tax on securities, shares and mutual fund units for Tax Year 2026.
CGT Tax DeductionRs 0
Tax collected by NCCPL or Fund Manager.
Standard CGT rate on securities is 15% for those on ATL. Mutual funds also follow similar tiered withholding.
Super Tax (Sec 4C)
Super tax on high earning persons (Individuals, AOPs and Companies) u/s 4C.
Super Tax PayableRs 0
Applied Tier Rate0%
Note: Super tax applies starting from Rs 150 Million income. Rates scale from 1% up to 10% for income exceeding Rs 500 Million.
General Sales Tax (GST)
Standard Sales Tax calculation (Inclusive or Exclusive) as per FBR Sales Tax Act.
GST (18%) AmountRs 0
Final TotalRs 0
Tax Rate18% Standard
Calculated based on the standard 18% FBR GST rate for Tax Year 2026.
Foreign Services WHT (Sec 152)
Withholding tax on payments to non-residents for services or royalty u/s 152.
WHT Withheld AmountRs 0
Adjustable against final liability.
Note: Non-resident payments often require a tax exemption certificate unless withholding is done at these standard rates.
ICT Services Tax (Islamabad)
Sales Tax on Services provided within Islamabad Capital Territory (ICT) as per ICT Ordinance.
ICT Sales Tax (GST)Rs 0
Payable to FBR via ICT Sales Tax Return.
IT and IT-enabled services enjoy a reduced rate of 5% in Islamabad compared to the standard 15% for other services.
Apportionment of Expenses
Rule 13: Apportionment of common business expenses and input tax between taxable and exempt sales.
Allowed Expenses (Adjustable)Rs 0
Allowed PortionCalculated
Disallowed ExpRs 0
Expenses must be prorated between taxable, exempt, and final tax regimes per FBR Income Tax Rules.
Late Filing Penalty (Sec 182)
Estimator for penalties for late filing of Income Tax Returns and ATL activation surcharge.
Total Penalty & SurchargeRs 0
Late PenaltyRs 0
ATL SurchargeRs 0
Penalty u/s 182 is 0.1% of tax payable per day of delay. ATL surcharge is fixed per category.
Salary Increment Calculator
Compare Current vs New salary and see exactly how much extra tax you will pay and your net take-home.
Net Take-Home Monthly IncrementRs 0
Gross IncRs 0
Tax DiffRs 0
Calculated based on current FBR Tax Slabs for 2026.
15+ Years Serving Clients
Your Trusted Partner for Tax Excellence
At AM TAX & Corporate Hub, we combine deep expertise with a client-first approach. We don't just file your taxes — we build lasting relationships and help you make smarter financial decisions.
Certified Experts
Industry experience in every engagement.
100% Compliance
Full adherence to tax laws.
Personal Service
Tailored financial strategies.
Timely Delivery
Zero penalties, always on time.
GOVT PROCUREMENT
Specialized EPADS Support Team
The transition to Digital Procurement (EPADS) is complex. We provide expert technical assistance for seamless bid submission.
.png "Muhammad Akram - FBR & SECP Specialist")
Comments
Post a Comment