Gift Tax in Pakistan | Who Can Give Gift Legally | Relative Definition, Gift Deed & FBR Declaration

Описание: Are all gifts tax-free in Pakistan? 🤔
In this video, Khalid Iqbal (Founder – Dawars Associates) explains who can give and receive gifts legally under the Income Tax Ordinance, 2001, and how to avoid FBR objections through proper banking and documentation.

🔹 What counts as a legal gift under tax law
🔹 Definition of “Relative” as per Section 85 of the Income Tax Ordinance
🔹 When a gift is tax-free and when it becomes taxable
🔹 Importance of banking transactions (no cash gifts)
🔹 Gift deed format and legal declaration
🔹 How to declare gifts correctly in donor & donee returns

💼 Dawars Associates provides professional tax, accounting & corporate compliance services in Pakistan and abroad.
We assist clients with:

Income Tax Returns

Sales Tax Compliance

Gift Documentation & Wealth Statement Updates

SECP & Corporate Filings

US LLC & International Compliance

📍 Location: Islamabad, Pakistan
🌐 Website: www.dawarsassociates.com

📞 Contact: 0333-5191977
📧 Email: [email protected]

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Tax Exemption on Gifts in Pakistan – Myths vs Legal Reality

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#GiftTax #PakistanTax #IncomeTaxOrdinance #FBR #DawarsAssociates #TaxConsultant #GiftDeed #TaxReturn #RelativeDefinition #FBRCompliance #KhalidIqbal
Welcome to Dawars Associates
🌟 Your Trusted Partner in Tax, Corporate, and Financial Consultancy!

We offer comprehensive consultancy services to simplify your business compliance and help you focus on growth.

Our Expertise Includes:
✅ Tax Services

Income Tax Return Filing & Withholding Tax Submission
Active Taxpayer List (ATL) Maintenance
Sales Tax Return Filing (FBR & Provincial Authorities - SRB, PRA, KPRA, ICT, GB, AJK)
Responding to FBR Notices & Tax Litigation (AC, DC, Appellate Tribunals, High Courts)
✅ Corporate Services

Company Registration: Pvt Ltd, AOP, LLP, NGO, Trust, Foundation (Sec. 42)
SECP Annual Filings (Forms A, 29, 28, 45)
Share Transfers, Director Resignations, Address Changes, and Capital Increases
Business Valuation & Windup Procedures
✅ Accounting & Financial Solutions

Bookkeeping & Payroll Management
Preparation of Annual Financial Statements
Audit Report Issuance
Accounting Software Implementation: Oracle JDE, Oracle Financial R12, Xero, Odoo, QuickBooks, Peachtree
✅ Special Registrations

BOI Foreign Company, Liaison Office, and Branch Office Registrations
Chamber of Commerce & Pakistan Engineering Council Registrations
DTS (Tourism), OEP (Overseas Employment Promoters), PSEB, and PASHA Registrations
💡 Why Choose Us?
With over 13+ years of experience, we’ve helped hundreds of businesses streamline their financial operations and achieve compliance hassle-free.

Let’s Work Together to Simplify Your Business:
🌐 Visit: dawarsassociates.com
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