How to Register Non-Profit Organization in FBR?
The Income Tax Ordinance defines a “non-profit organization” in Pakistan. According to the definition, a non-profit organization must meet the […]
How to Reduce Tax on Salary Income?
Deductions Allowed from Salary Income in Pakistan To reduce your taxable income and, consequently, your tax liability, ensure your employer […]
Balochistan (BRA) Announces Reward Program for Whistleblower
Balochistan Revenue Authority (BRA) has implemented a reward program to incentivize individuals who report tax evasion or concealment in the […]
Withholding Tax Rates for Financial Year 2025 in Pakistan
These are the withholding tax rates applicable from July 1, 2024 in Pakistan. Minimum limit on tax deduction for payments […]
Builders and Developers Withholding Tax Rates (2025) in Pakistan
Before a builder or developer can sell their property, they must obtain approval for their building plans and pay an advance tax. This tax is a percentage of the total tax they are expected to pay, as determined by the specific rates and categories outlined in the Income Tax Ordinance.
When Input Tax Credit Can not be Claimed?
The Sales Tax Act, 1990, outlines specific restrictions on the input tax credit that registered persons can claim. This article […]
New Vehicle Token Tax Punjab: Based on Invoice Value
The Punjab government has implemented a significant change to its vehicle taxation system, impacting annual token taxes for cars registered […]
FBR Announces Key Tax Amendments 2025
The Federal Board of Revenue (FBR) has issued Income Tax Circular No. 1 of 2024-25, detailing significant changes introduced under […]
Sindh Increases SST Rates Withdraws Discount on Card Payments
The Sindh government in Pakistan has implemented a revised sales tax structure for the 2024-25 fiscal year, aiming to increase […]
FBR Imposes Fixed Monthly Taxes on High-End Shops under Tajir Dost
The Federal Board of Revenue (FBR) has implemented a new tax regime targeting high-end shops under Tajir Dost Scheme in […]