Pakistan’s business landscape thrives on the ingenuity and hard work of its entrepreneurs. However, navigating the tax system can be a complex and often frustrating experience. Here’s a breakdown of […]
What is the W-8BEN Form? The W-8BEN form, also known as the “Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals),” is a crucial […]
The world of income tax can feel like a complex labyrinth, especially when dealing with diverse income sources like dividends, interest, royalties, and fees. In Pakistan, understanding the various rates […]
The Federal Board of Revenue (FBR) has shaken up the car market with significantly lower tax rates for individuals listed on the Active Taxpayers List (ATL) compared to those who […]
FOR THE TAX YEAR – 2024 Tax Rates for Non-Salaried Individual / AOPs [Division I, Part I of the First Schedule] Upto Rs. 600,000 0% Rs. 600,000 to Rs. 800,000 […]
Attention all beauty parlors, gyms, massage centers, and more! Get ready for some good news – tax rates for many of your services have been reduced. Here’s what you need […]
Attention all hotels, restaurants, hostels, and caterers in Khyber Pakhtunkhwa! The KPRA has announced new tax rates and exemptions for your businesses, effective immediately. Here’s what you need to know: […]
Owning property in Pakistan requires responsible management, including paying property taxes. This guide explores the different types of property taxes, their rates, allowable deductions, and how to calculate your property […]
Tax on certain payments to non-residents The rate of tax imposed on payments to non-residents shall be 15% of the gross amount of royalty or fee for technical services and […]
Great news for ride-hailing businesses in Khyber Pakhtunkhwa! The Khyber Pakhtunkhwa Revenue Authority (KPRA) has introduced a significantly reduced tax rate for ride-hailing services like Uber, Careem, Biker, and Lyft. […]
