Depreciation

2 Results

Understanding Depreciation Rates for Tax Purposes in Pakistan

ByHayat Akbar April 11, 2022February 22, 20252 min read

Depreciation is an essential concept in accounting that refers to the reduction in the recorded cost of fixed assets over time. In Pakistan, depreciation rates are determined by the Income […]

Tax Essentials

What is Tax Depreciation in Pakistan?

ByQuratul Ain April 5, 2022February 22, 20253 min read

Depreciation is a tax-deductible expense that allows businesses to account for the wear and tear on their assets over time. In Pakistan, businesses can calculate depreciation for tax purposes using […]