What is the Penalty for Not Filing Your Sales Tax Return?
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 […]
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Cottage Industry in Pakistan: How to Start and Save on Sales Tax
A cottage industry is a small-scale business that is typically operated from the home of the owner. Cottage industries are often family-run businesses that produce goods or provide services for […]
Pakistan’s Taxation Policies and the Service Sector
Pakistan’s service sector, a significant contributor to the national economy, faces challenges in the taxation landscape. This article explores the current policies, highlighting the gap between the sector’s contribution to […]
The Challenges and Successes of Local Tax Collection in Pakistan
Tax collection is a critical function of any government. It is the primary source of revenue for the government, which is used to fund public services such as education, healthcare, […]
Provincial Tax Collection in Pakistan: A Comprehensive Guide
Tax collection is an essential part of any country’s financial system. In Pakistan, the government collects taxes at both the federal and provincial levels. In this blog post, we will […]
No Zero-Rated Services Under Khyber Pakhtunkhwa Revenue Authority
While the Khyber Pakhtunkhwa Revenue Authority (KPRA) plays a vital role in managing provincial sales tax on services in Pakistan, it’s important to understand that the current regulations don’t offer […]
Tax Collection in Pakistan: Everything You Need to Know
Taxes are a major source of revenue for the government of Pakistan. In 2022, taxes accounted for 55% of the government’s total revenue. The government collects taxes through a variety […]
Understanding Sales Tax Account Suspension in Pakistan
As a registered sales taxpayer in Pakistan, it is crucial to ensure that you file your sales tax returns on time. Failure to do so can result in suspension of […]
Differences Between Normal Assessment and Best Judgement Assessment in Pakistan
Taxation in Pakistan is a complex system with various assessments, processes, and procedures. Two of the most important assessments used by the Federal Board of Revenue (FBR) are the Normal […]
How to Appeal a Tax Decision in Pakistan
Taxation is a necessary part of any society, but it can also be a source of frustration for taxpayers. When taxpayers believe that they have been treated unfairly by the […]