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What is Tax Rebate? Its Calculation, Reasons , Documentation & Methods

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According to Nigerian Law what is Tax Rebate? Its Calculation,Reasons,Documentation & Methods Tax Rebate/Tax Refund A  tax refund  or  tax rebate  is a payment to the taxpayer when the taxpayer pays more tax than they owe. Calculation of Tax Rebate/Tax Refund Tax rebate/Tax refund =    Input tax – Output Tax Input Tax An input tax is a levy paid by a business on acquired goods and services. An example of an input tax is the value added tax . When a business then taxes its customers , this is considered an output tax. The business pays the federal revenue authority the difference between the output tax and input tax if the amount is positive, or it can apply for a tax refund if the amount is negative. Output Tax Output tax  is the VAT that is calculated and charged on the sale of goods and services from your business, if you are VAT-registered. This must be calculated on sales to ot...
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For Fresh Currency, Branches List of Attack, Bhakkar, BhawalNagar & Bhawalpur

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Fresh Currency will be available at nominated branches from 20th May 2019 to 31st May 2019. SMS at 8877 Cnic# space branch code xxxxx-xxxxxxx-x ABC001
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Suroor Group has given a commitment to SBP to fullfill Summit Bank Capital Requirements

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Suroor Group and Summit Bank's merger/acquisition/moratorium Suroor group is the last hope for Summit Bank to get rid of merger/acquisition/moratorium  situation. On the other hand small shareholders, depositors and all stakeholders are scared due to  current situation. Today Summit Bank has communicated the current situation to Pakistan Stock Exchange.
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For Fresh Currency, Branches Codes of Gujarat, Gujranwala & Gujar Khan

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Fresh Currency will be available at nominated branches from 1st June 2018 to 14th June 2018. SMS at 8877 Cnic# space branch code xxxxx-xxxxxxx-x ABC001
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Home Finance on easy installments with 100 % Approval

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you can buy, build or renovate your home,  and let us bring your dreams to life with the most convenient terms and simplest process! Buy Your Home! Step 1: Find your dream Ghar. Step 2: Apply for Home Purchase Loan, from as low as Rs. 500,000 to as high as Rs. 100 million. Step 3: Choose from financing tenure of between 1 and 20 years. Step 4: Let us take care of the rest. Build Your Home! Step 1: Find the right plot for your dream Ghar. Step 2: Apply for  home Construction Loan, from as low as Rs. 500,000 to as high as Rs. 100 million (for pre-owned plot, maximum loan limit of Rs. 50 million). Step 3: Choose from financing tenure of between 1 and 20 years. Step 4: Let us help construct your visions into reality. Renovating your Home! Step 1: Plan out the makeover your home. Step 2: Apply for home Renovation Loan, from as low as Rs. 500,000 to as high as Rs. 10 million. Step 3: Choose from financing tenure of between 1 and 10 years. Step 4...
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For Fresh Currency, Branches Listt of Multan, MianWali & Mandi Bahuddin

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Fresh Currency will be available at nominated branches from 1st June 2018 to 14th June 2018. SMS at 8877 Cnic# space branch code xxxxx-xxxxxxx-x ABC001
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State Bank has reduced the time of clearing Cheque from 48 hours to under 3 minutes

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Clearing cheques has always been a headache, will not any more! 1. Simply walk in the paying bank. 2. Present the crossed cheque at the counter. 3. Provide your account details. 4. Get the funds transferred into your account. Clearing time reduced from 48 hours to under 3 minutes. Facilitation regarding Paper-based Clearing Operations in the wake of COVID-19 To combat the potential spread of COVID-19 pandemic by limiting person-to-person interactions and to provide ease of services to the customers, Banks/MFBs are allowed to provide the following services to their customers: Direct Cheque Deposit Facility under which: A crossed cheque may be presented by payee/beneficiary directly into the paying/drawee bank, instead of their bank branches as per the existing practice. In this case, funds may be transferred by the paying/drawee bank either through RTGS customer fund transfer - MT102 or Over the Counter (OTC) IBFT or Bank...
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UP TO RS. 2 MILLION LOAN FOR SALARIED PERSON

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Dubai Islamic Bank offering personal Loan facility up to Rs. 2 Million for salaried person Dubai Islamic bank is the first Islamic bank in Pakistan to offer a shari'a compliant " Personal Fiance" facility based on the Islamic Finance Features: 100 % Shari'a Compliant Affordable and competitive equal monthly installments. Hassle free and fast processing of your application form. Only Salaried persons can avail this facility. Say Hello! Askari Nayab Plan https://tryfinancialsolutions.blogspot.com/2018/12/invest-today-for-your-hassle-free-future.html?m=1 Eligibility: Age= 25 to 65 years Salaried Person( Salary must be credit in bank account). Minimum Salary should be Rs. 35,000/- Documents Required for Processing are: CNIC Copy Two recent Passport Size Photographs 3 Payslips Job Proof( Job Card, Visiting Card) One year bank statement Account maintaining certificate For ...
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Invest Today For your hassle free Future

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  Say hello to Askari Life Nayab Plan! You need a financial planner who is there, not just to grow your hard  earned income but save you from inevitable uncertainties. Our highly trained Financial planners are well aware of your growing investment requirements and specialize in providing trailor-made financial solutions. Key Purpose:  Investment Higher Education Marriage Protection                            Savings Uncertainty For Tax-Filler ( Tax Rebate upto 20%) "Tax Filler have opportunity to convert their taxes into profitable investments" Plan your dreams with us: You can buy a home Plan your World Tour Higher Education for Children Children Marriage Buy your dream Car For your hassle free Retirement age Minimum Investment/Premium: Minimum Rs. 20,000/- Annually Mode of payment: Annually                ...
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For Fresh Currency Branches List of Hifzabad, Jhelum & Jhung

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Fresh Currency will be available at nominated branches from 1st June 2018 to 14th June 2018. SMS at 8877 Cnic# space branch code xxxxx-xxxxxxx-x ABC001
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