What is Tax Assessment in Pakistan?
Taxation is a system of compulsory contributions to state revenue, levied by the government on people and businesses. Taxes are used to fund government spending on essential services such as […]
How to Increase Tax Awareness in Pakistan
Tax awareness is the understanding of tax laws and regulations. It is important for individuals and businesses to be tax aware in order to comply with the law and to […]
A Step By Step Guide for Capital Value Tax in Pakistan for Foreign Assets
Are you a Pakistani resident holding foreign assets? If so, you need to understand the Capital Value Tax (CVT) and its implications for your tax obligations. In this article, we’ll […]
10 Things You Need to Know About Sales Tax in Pakistan
Sales tax is a type of indirect tax that is levied on the sale of goods and services. The sales tax rates in Pakistan are relatively complex, and they vary […]
A Comprehensive Guide to the Different Types of Taxes in Pakistan
Introduction Taxes are a necessary part of any society. They provide the government with revenue that can be used to fund essential services such as education, healthcare, and infrastructure. In […]
All the Income Tax Benefits You Need to Know as an SME in Pakistan
Small and medium enterprises (SMEs) play a vital role in the Pakistani economy. They account for over 90% of all businesses in Pakistan and employ over 80% of the workforce. […]
The Minimum Capital Requirements for Company Registration in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) is the regulatory body for the securities market in Pakistan. The SECP regulates the formation, operation, and winding up of companies in […]
Everything You Need to Know About Authorized Capital and Paid-up Capital
What is Authorized Capital? Authorized capital is the maximum amount of shares that a company can issue. It is the amount of money that the company is authorized to raise […]
The Federal Board of Revenue: Your Guide to Tax Compliance in Pakistan
The Federal Board of Revenue (FBR) is the central revenue collection agency of Pakistan. It is responsible for collecting taxes from individuals and businesses, and for enforcing tax laws. The […]
The Challenges of Enforcing Tax Laws in Pakistan
The enforcement of tax laws in Pakistan is a complex and challenging task. The country has a large informal economy, which makes it difficult to track down and collect taxes […]