Taxation is an essential part of any government’s revenue stream. In Pakistan, taxes are used to fund a wide range of government services, including education, healthcare, infrastructure, and security. However, […]
Pakistan’s IT industry has seen significant growth in recent years, and the government has introduced various tax incentives to support the industry’s expansion. Until recently, IT and IT-enabled services were […]
Pakistan has a comprehensive tax system that businesses and individuals should understand before expanding or earning income in the country. In this article, we will discuss the three main types […]
Filing income tax returns is an essential obligation for citizens in Pakistan. Despite its importance, many individuals tend to neglect this responsibility due to lack of knowledge or fear of […]
When it comes to taxation in Pakistan, understanding one’s resident status is crucial. Resident individuals are taxed on their worldwide income, while non-resident individuals are taxed only on their Pakistan-sourced […]
The Federal Board of Revenue (FBR) of Pakistan has made it possible for individuals and businesses to pay their taxes online. This is a convenient and secure way to pay […]
A double taxation treaty (DTT) is an agreement between two countries that aims to avoid double taxation of income earned by residents of one country in the other country. DTTs […]
The internet has become an essential part of business in Pakistan. Businesses use the internet to communicate with customers, suppliers, and employees, to conduct research, and to market their products […]
If you are a taxpayer in Pakistan, you may be familiar with the process of an income tax audit. An income tax audit is a review of your tax return […]
There are a number of reasons why tax literacy is important. First, it helps taxpayers to comply with tax laws. When taxpayers understand their tax obligations, they are more likely […]
