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How to Classify Different Types of Incomes?
When it comes to taxation in Pakistan, it is essential to understand the various heads of income. The tax system classifies income under different categories, each with its specific rules […]
When it comes to taxation in Pakistan, it is essential to understand the various heads of income. The tax system classifies income under different categories, each with its specific rules […]
Filing a tax appeal in Pakistan can be a complex and daunting process. Understanding what happens after you file a tax appeal is crucial to ensure a fair resolution. In […]
When disputing a decision made by the Tax Appeal Tribunal, proper documentation is crucial to support your case effectively. The appeal process requires comprehensive evidence and well-prepared arguments to present […]
Receiving a tax assessment notice can be a daunting experience for individuals and businesses in Pakistan. However, it’s important to remember that you have the right to appeal an unfavorable […]
Double taxation can be a significant concern for individuals and businesses operating in multiple jurisdictions. It occurs when income is taxed twice by different tax authorities. However, with careful planning […]
Tax fraud is a serious crime that can have a significant impact on the economy. It can also lead to financial penalties and even imprisonment for those who are caught. […]
Turnover tax is a type of indirect tax that is levied on the value of goods and services sold by businesses. In Pakistan, turnover tax is levied at a rate […]
As a taxpayer in Pakistan, you have certain rights. These rights are guaranteed by the law and should be respected by the tax authorities. Some of the most important taxpayer […]
Tax revenue is a major source of income for the government of Pakistan. In 2020, tax revenue accounted for about 10.6% of GDP. The main sources of tax revenue in […]
Taxation is a key tool for governments to raise revenue and finance public services. However, taxation can also be a complex and challenging process. In Pakistan, there are a number […]