Avoid common tax mistakes and penalties with the expert advice in this category. Learn about potential tax risks and how to mitigate them. Get insights on avoiding tax audits and investigations. Protect yourself from tax trouble by understanding the common pitfalls and how to avoid them.
Navigating the Offshore Landscape: Unveiling Assets, Evaders, and Enablers in Pakistan In the evolving realm of financial dealings, the concepts of offshore assets, evaders, and enablers hold immense significance, particularly […]
A Notice under Section 138 of the Income Tax Ordinance, 2001 is a legal document issued by the FBR to a taxpayer demanding payment of outstanding tax dues. It’s essentially […]
Running a business in Khyber Pakhtunkhwa? Keeping your sales tax registration active is crucial. This article dives into Khyber Pakhtunkhwa Finance Act, 2013, explaining the process of “inactivation” or “suspension” […]
The Federal Board of Revenue (FBR) recently highlighted the importance of complying with tax regulations and the consequences of falling under the “non-active taxpayer” status. This article aims to provide […]
Taxation forms the backbone of any nation’s financial stability, and Pakistan is no exception. But what happens when a registered taxpayer fails to comply with their obligations or is no […]
Tax audits are a necessary part of the tax system in any country. They help to ensure that taxpayers are paying the correct amount of tax and that they are […]
The Income Tax Ordinance 2001 (ITO) is the primary legislation governing taxation in Pakistan. The ITO sets out a number of different tax penalties for non-compliance with its provisions. These […]
The Income Tax Ordinance 2001 (ITO) is the primary law governing taxation in Pakistan. It sets out the rates of tax, the types of income that are taxable, and the […]
Tax evasion is a prevalent issue in Pakistan, with many people attempting to avoid paying taxes. According to a report, Pakistan loses up to PKR 5.5 trillion in revenue every […]
The Sales Tax Act, 1990, is a law that governs the taxation of goods and services in Pakistan. The Act provides for the imposition of sales tax at a rate […]
