Rates of Capital Gains Tax in Pakistan for 2024
Understanding capital gains tax is crucial for any investor in Pakistan. This article explores the tax rates applicable in 2024 […]
Tajir Dost Scheme A Breakdown of Frequently Asked Questions (FAQs)
This article addresses the new Tajir Dost scheme launched by the FBR (Federal Board of Revenue) in Pakistan, focusing on […]
Understanding and Planning for the Complexities of 7E Tax in Pakistan
The introduction of Section 7e in Pakistan’s tax has created significant confusion and uncertainty for property owners. This article delves […]
How to Adjust Tax Losses for Maximum Savings
This article unpacks the complexities of business losses, depreciation, and minimum tax credit in Pakistan, guiding you towards maximizing tax […]
Understanding Tangible and Intangible Assets for Tax Purposes
The Income Tax Ordinance, 2001 (ITO) plays a crucial role in determining how businesses in Pakistan are taxed. A critical […]
What are the Requirements for Approved Gratuity Funds in Pakistan
In Pakistan, many companies offer gratuity schemes to their employees as a form of long-term compensation. These schemes reward employees […]
FBR Digitalization of Pakistan Taxation System
The Federal Board of Revenue (FBR) is spearheading a digital revolution within the country’s tax system. This ambitious initiative aims […]
Understanding Adjustable Taxes and Their Benefits
The Pakistani tax system can seem complex, but understanding different tax types and their implications can empower you to manage […]
A Guide to 7E (Deemed Rental Income) Exemptions
The Deemed Rental Income Tax (Section 7E) of the Income Tax Ordinance, 2001, applies to a broad range of immovable […]
How to Adjust Advance Tax Paid for Salaried Individuals
Tax season in Pakistan can feel overwhelming, but there’s a hidden gem called “advance tax adjustments” that can significantly reduce […]