The Ultimate Guide to Taxes in Pakistan
Introduction Taxes are a necessary evil. They fund the government and provide essential services to the public. But taxes can also be confusing and complex. This guide will help you […]
Understanding Tax Exemption on Profit on Debt for Non-Residents in Pakistan
As a non-resident earning income from profit on debt in Pakistan, it is important to understand the tax laws and exemptions available to you. The Income Tax Ordinance 2001 provides […]
Understanding Different Property Taxes in Pakistan
As a responsible citizen, it is important to understand and comply with the tax laws in Pakistan. One such tax that property owners must pay is the Property Tax. This […]
What is Withholding Tax in Pakistan : Comprehensive Information
Withholding taxes, also known as retention taxes, are an important aspect of the taxation system in Pakistan. As a taxpayer, it is important to understand what withholding taxes are and […]
A Comprehensive Guide to the Different Types of Taxes in Pakistan
Introduction Taxes are a necessary part of any society. They provide the government with revenue that can be used to fund essential services such as education, healthcare, and infrastructure. In […]
Tax on Deemed Income from Immovable Property in Pakistan
The Government of Pakistan has introduced a new section in the Finance Act, 2022 which levies tax on deemed income from immovable property. This section, called Section 7E, is applicable […]
All the Income Tax Benefits You Need to Know as an SME in Pakistan
Small and medium enterprises (SMEs) play a vital role in the Pakistani economy. They account for over 90% of all businesses in Pakistan and employ over 80% of the workforce. […]
The Ultimate Guide to Zero-Rated Supplies and Exempt Supplies
Sales tax is a tax that is levied on the sale of goods and services. In Pakistan, sales tax is levied at a rate of 17%. However, there are some […]
Salary Tax Slabs in Pakistan for 2022-23
The Federal Board of Revenue (FBR) has announced the new salary tax slabs for the tax year 2024, effective from July 1, 2022, to June 30, 2023. This article provides a detailed explanation of these tax slabs and how they impact your taxable income.
Understanding the Impact of Property Taxes in Pakistan
The property sector in Pakistan has been booming for years, with investors earning substantial profits from buying and selling real estate. However, in 2022, the government implemented a series of […]