The Sindh Revenue Board (SRB) has implemented a new sales tax policy for hospitals in the province, effective July 1, 2024. This article explores the key details and implications of […]
The Pakistani tax system incorporates a concept called “minimum tax,” which applies to certain businesses and individuals regardless of their actual taxable income. This article explains who is subject to […]
The Sindh government (SRB) has introduced revised stamp duty rates for the acknowledgment or receipt of money or any other consideration related to immovable properties, effective from July 1, 2024, […]
This article explains the two main taxes levied on agriculture in Khyber Pakhtunkhwa (KPK), Pakistan: Agricultural Income Tax and Land Tax. It’s important to remember that income tax on agriculture […]
A Quick Guide for (Filers vs. Non-Filers) Owning a car in Pakistan comes with annual token taxes, but the amount you pay depends on your car’s engine capacity and your […]
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 […]
Understanding Pakistan’s tax regulations, especially withholding taxes on brokerage, commission, and life insurance, can be complex. Whether you are an advertising agent, life insurance agent, or fall into other categories, […]
Taxes on Security Deposits and Key Money for Landlords Renting out a property offers a steady income stream, but tax implications can be confusing. This article clarifies how taxes work […]
Understanding how Pakistan taxes Profit on debt or Bank Profits is crucial for both individuals and businesses receiving income from investments and deposits. This article explores the relevant sections of […]
In Pakistan, agricultural income tax is levied at the provincial level, not by the federal government. This means each province has its own set of tax rates and collection procedures. […]
