Tax planning is an integral part of financial management, ensuring compliance with tax laws while optimizing tax liabilities. The following article provides insights into essential tax planning practices, with a […]
Gold has long been a popular investment choice, offering a hedge against inflation and economic uncertainty. However, the sale of gold can lead to capital gains tax, a significant financial implication for many.
Consequences of Missing the Income Tax Return Deadline File Your Return Voluntarily If you’ve missed the income tax return deadline but haven’t received a notice from the Federal Board of […]
Being an active taxpayer in Pakistan can offer benefits on your electricity bill. Here’s a breakdown of the conditions for tax savings: Who Qualifies: Domestic Consumers: Only domestic electricity consumers […]
Super Tax vs. Surcharge: Super tax: This is an existing tax levied on very high income earners in Pakistan. It kicks in for incomes exceeding Rs. 150 million. Surcharge: This […]
Don’t Miss Out! Income Tax Return Filing for 2024 is Open – Here’s Everything You Need to Know The Pakistani tax filing season for the 2023-24 income year has officially […]
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 […]
Calculating your taxable income in Pakistan involves understanding not just your basic salary but also the value of any perquisites, allowances, and benefits provided by your employer. This article delves […]
Capital gains tax is a levy imposed on profits generated from the sale of capital assets. In Pakistan, capital gains tax applies to various assets, including stocks, real estate (with […]
If your employer provides you with a vehicle for work or personal use, it can impact your taxable income in Pakistan. Here’s a breakdown of how the tax is calculated: […]
