Online Tax Payment in Pakistan
The Federal Board of Revenue (FBR) of Pakistan has made it possible for individuals and businesses to pay their taxes online. This is a convenient and secure way to pay […]
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How Double Taxation Treaties Can Save You Money on Taxes
A double taxation treaty (DTT) is an agreement between two countries that aims to avoid double taxation of income earned by residents of one country in the other country. DTTs […]
What is Internet Tax in Pakistan?
The internet has become an essential part of business in Pakistan. Businesses use the internet to communicate with customers, suppliers, and employees, to conduct research, and to market their products […]
What is Income Tax Ordinance 2001?
The Income Tax Ordinance, 2001 (ITO) is the primary legislation governing income tax in Pakistan. It was enacted by the Parliament of Pakistan on 17th June, 2001 and came into […]
What is Income Tax Audit in Pakistan
If you are a taxpayer in Pakistan, you may be familiar with the process of an income tax audit. An income tax audit is a review of your tax return […]
How to Improve Your Tax Literacy in Pakistan
There are a number of reasons why tax literacy is important. First, it helps taxpayers to comply with tax laws. When taxpayers understand their tax obligations, they are more likely […]
Tax Accounting for the Service Sector in Pakistan
The service sector is a major contributor to the Pakistani economy, accounting for over 50% of GDP. As such, it is important for businesses in the service sector to understand […]
How Tax Accounting Can Help Your Business in Pakistan
Tax accounting is the process of recording, summarizing, and reporting a company’s taxes. It is an essential part of financial accounting, and it plays a vital role in the smooth […]
How Double Taxation Treaties Can Help Pakistan’s Economy
Inflation is a persistent rise in the prices of goods and services over time. It can have a number of negative consequences for an economy, including: Reduced purchasing power Increased […]
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 […]