Taxation is an essential aspect of every country’s economic system, including Pakistan. It is an integral part of the government’s revenue collection system, which helps the government to fund various […]
Taxes play a vital role in financing a nation’s development and welfare programs. In Pakistan, the income tax system is crucial for collecting revenue from individuals and businesses. Understanding taxable […]
Understanding the tax system in Pakistan can be challenging, especially for those who are new to the workforce or starting their own business. However, with the right knowledge and guidance, […]
Pakistan is a developing country that faces numerous challenges in its tax system. The taxation system in Pakistan is complex and often problematic. In this article, we will discuss the […]
Income tax is a direct tax that is imposed on individuals, businesses, and other entities by the government. It is a key source of revenue for governments around the world […]
Small businesses are the backbone of the Pakistani economy. According to the State Bank of Pakistan, small businesses constitute over 90% of all enterprises in the country and employ more […]
As a small business owner in Pakistan, it’s important to be proactive when it comes to tax planning. By taking steps to minimize your tax liability, you can maximize your […]
Judges in Pakistan enjoy several tax benefits and exemptions that are not available to other individuals. These benefits are outlined in Clause 55 of Part-I of the Second Schedule of […]
Small companies play a vital role in Pakistan’s economy, especially for small and medium-sized enterprises (SMEs). To support these businesses, the Income Tax Ordinance 2002 provides a tax benefit for […]
As a Pakistani citizen, it is important to have a basic understanding of the tax regime in the country. Taxes are the main source of revenue for the government to […]
