Balochistan Restaurants Gets Sales Tax Cut on Digital Payments
Balochistan slashes restaurant sales tax (BSTS) to 4%, even 2% for card payments! Boost for businesses & cheaper dining out. Learn more!
SRB Exemptions and Reduced Rates for Sales Tax 2025
Summary of Sindh Sales Tax Exemptions and Regulations Small-scale businesses: Restaurants, beauty parlors, and clinics with annual turnovers below Rs. 2.5 million can qualify for sales tax exemptions under specific […]
Overseas Pakistanis Rates of Advance Tax Reduced on Property
The Federal Board of Revenue (FBR) has issued a clarification regarding Section 100BA of the Income Tax Ordinance, which pertains to special provisions for individuals not listed on the Active […]
Tips to Minimize Taxes on Your Foreign Remittances
When receiving foreign remittances in Pakistan, understanding the tax implications and savings opportunities is essential to comply with regulations and minimize potential liabilities. Here’s how the required documentation plays a […]
25% Tax Reduction for Women-Owned Businesses
The Government of Pakistan has introduced a significant tax incentive for women-owned businesses. This incentive provides a 25% reduction in the tax payable on profits and gains derived from business […]
A Guide to Registering for PSEB in Pakistan for IT and ITeS Entities
Pakistan Software Export Board (PSEB) is a government agency that aims to promote the IT and ITeS industry in Pakistan. PSEB registration is optional but highly recommended for all IT […]
Why Overseas Pakistanis Should File Tax Returns?
Understanding Filer and Non-Filer Status In Pakistan, the concept of “filer” “late filer” and “non-filer” has significant implications for tax liabilities. A filer is an individual who has filed their […]
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 is aware of the following permissible deductions: Medical Allowance: Up […]
PSEB Registration can Save Export Taxes by 75 % – Full Details
Are you an IT professional in Pakistan looking to export your services or upskill your career? Look no further than the Pakistan Software Export Board (PSEB)! This article provides a […]
Tax Filers Can Save Taxes on Electricity Bills 2024
Being an active taxpayer in Pakistan can offer benefits on your electricity bill. Here’s a breakdown of the conditions for tax savings: Who Qualifies: Domestic Consumers: Only domestic electricity consumers […]