Are you an IT freelancer or company in Pakistan looking to expand your export business and access valuable benefits? Look no further than the Pakistan Software Export Board (PSEB)! This […]
Operating a business in Pakistan requires meticulous record-keeping to ensure smooth compliance with sales tax regulations. This article delves into the essential records you need to maintain, helping you navigate […]
Operating as a Designated Non-Financial Business or Profession (DNFBP) in Pakistan requires registration with the Federal Board of Revenue (FBR). This process ensures compliance with Anti-Money Laundering and Counter-Terrorism Financing […]
Running a business in Pakistan comes with various legal and tax responsibilities. This article focuses on what happens when a business discontinues or an association of persons dissolves, highlighting key […]
Navigating tax regulations can be complex, especially when it comes to filing your Sales Tax return with the Federal Board of Revenue (FBR) in Pakistan. This article simplifies the process […]
Tax avoidance is the legal use of loopholes in the tax code to reduce one’s tax liability. Tax evasion, on the other hand, is the illegal use of methods to […]
Permanent establishment is a crucial concept in taxation that determines the tax liabilities of foreign entities operating within a country’s jurisdiction. In Pakistan, the Income Tax Ordinance 2001 defines and […]
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 […]
This message serves as a crucial reminder for anyone who received a Notice 120(3) regarding their Income Tax Return (ITR). This notice signifies that your ITR contains deficiencies and could […]
Filing taxes in Pakistan can be a daunting task, especially for those who are new to the process. However, it is a crucial aspect of being a responsible citizen and […]
