How to Generate a CVT on Motor Vehicle Challan?
Capital Value Tax (CVT) is a federal tax levied on the purchase of motor vehicles in Pakistan. It’s a one-time tax calculated based on the engine capacity or value of […]
How to Verify Tax Exemption Certificates in Pakistan?
Tax exemption certificates are critical documents issued by the Federal Board of Revenue (FBR) in Pakistan that allow certain taxpayers to benefit from reduced tax rates or complete exemption from […]
A Comprehensive Guide to Infrastructure Tax in Sindh
The Sindh Infrastructure Cess/Tax is a significant levy applied to goods entering the province of Sindh from outside Pakistan. This tax, governed by the Excise, Taxation, and Narcotics Control Department, […]
Rates of Professional Tax in Sindh
Professional tax is a form of taxation levied on individuals and entities engaged in various trades, professions, or businesses. Governed under the Sindh Finance Act, 1964, it serves as a […]
Tax Rates on Payments to Non Residents
1. Withholding Tax on Payments to Non-Residents Every person making certain types of payments to non-residents is required to deduct tax at specified rates. These payments may include: a. Royalty […]
Freelance Income Tax Rates (Current) in Pakistan
Are you a freelance professional in Pakistan, wondering about your tax obligations? Understanding the intricacies of freelance income tax can be a daunting task. However, with the right information, you […]
Understanding Tax Rates for Filers and Non-Filers
The Myth of Higher Tax Rates for Non-Filers Contrary to popular belief, being a non-filer does not necessarily mean paying higher taxes in Pakistan. In specific scenarios, the tax rate […]
Tax Rates for Online Businesses in Pakistan
Online Marketplaces An online marketplace is a digital platform operated by an e-commerce entity. It serves as an intermediary between buyers and sellers, facilitating transactions over an electronic network. Think […]
How to Apply for a Reduced Withholding Tax Rate?
The Federal Board of Revenue (FBR) in Pakistan allows eligible taxpayers to apply for a reduced withholding tax rate on the import of raw materials. This process can be completed […]
SRO 1376(I)2024 for Duty Collection on Property Transfers
FBR has issues SRO Excise Duty On Property SRO 1376(I)2024 outlines the procedure for collecting FED on commercial property and open plots or residential property in Pakistan. Here’s a breakdown: […]