The Punjab government has implemented a significant change to its vehicle taxation system, impacting annual token taxes for cars registered in Punjab. Here’s a breakdown of the key points: Goodbye […]
The Punjab Revenue Authority (PRA) has announced that all withholding agents in Punjab, Pakistan, are now considered “collecting agents” for sales tax purposes. This means they are responsible for collecting […]
Professional Tax for in Punjab (As per Punjab Finance Act 1977 Updated) Companies registered under the Companies Act, 2017 or under the relevant law for the time being in force […]
This article explores the tax levied on agricultural income in the province of Punjab. It highlights the tax rates, applicability, and how it differs from the federal tax structure. Tax […]
Don’t Leave Debts Behind Closing a private company or business enterprise in Punjab comes with legal and financial responsibilities. One crucial aspect is ensuring all outstanding taxes are settled before […]
Update: The Punjab Revenue Authority (PRA) has extended the deadline for filing Sales Tax Returns and paying Punjab Sales Tax for the month of March, 2024. New Due Date: April […]
Understanding how agricultural income is taxed in Pakistan is crucial for individuals involved in this vital sector. This article delves into the complexities surrounding agricultural income taxation as outlined in […]
Navigating the complexities of tax compliance can be challenging, and understanding record-keeping requirements is crucial. This article delves into the essential documentation and record-keeping obligations under the Punjab Revenue Authority […]
Operating a business in Punjab, Pakistan, requires compliance with various regulations, including Sales Tax registration with the Punjab Revenue Authority (PRA). This article serves as a comprehensive guide for businesses […]
Navigating the intricacies of tax regulations can be daunting, particularly when it comes to the potential suspension or de-registration of your tax registration. This article demystifies the process outlined in […]
