What Are the Penalties for Tax Evasion in Pakistan?
The Income Tax Ordinance 2001 (ITO) is the primary law governing taxation in Pakistan. It sets out the rates of tax, the types of income that are taxable, and the […]
Tax Evasion in Pakistan: What Are the Penalties?
Introduction Tax evasion is the intentional non-payment or underpayment of taxes owed to the government. It is a serious crime that can result in significant penalties, including fines, imprisonment, and […]
The Difference between Tax Avoidance and Tax Evasion in Pakistan
In Pakistan, it’s essential to understand the difference between tax avoidance and tax evasion to avoid any legal consequences. While tax avoidance is legal and involves using legal means to […]