How Double Taxation Treaties Can Help Pakistan’s Economy
Inflation is a persistent rise in the prices of goods and services over time. It can have a number of negative consequences for an economy, including: Reduced purchasing power Increased […]
What is Tax Assessment in Pakistan?
Taxation is a system of compulsory contributions to state revenue, levied by the government on people and businesses. Taxes are used to fund government spending on essential services such as […]
How to Increase Tax Awareness in Pakistan
Tax awareness is the understanding of tax laws and regulations. It is important for individuals and businesses to be tax aware in order to comply with the law and to […]
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 […]
The Ultimate Guide to Choosing the Right Tax Year
A tax year is a 12-month period for which a taxpayer calculates their income and expenses for income tax purposes. The most common type of tax year is the financial […]
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 Federal Board of Revenue: Your Guide to Tax Compliance in Pakistan
The Federal Board of Revenue (FBR) is the central revenue collection agency of Pakistan. It is responsible for collecting taxes from individuals and businesses, and for enforcing tax laws. The […]
The Challenges of Enforcing Tax Laws in Pakistan
The enforcement of tax laws in Pakistan is a complex and challenging task. The country has a large informal economy, which makes it difficult to track down and collect taxes […]
Take Advantage of Tax Benefits and Grow Your Startup in Pakistan
Starting a business is a big undertaking, and one of the biggest challenges is the cost. In Pakistan, the government recognizes the importance of entrepreneurship and has put in place […]
Reporting Tax Fraud is a Civic Duty. Here’s How to Do It
Tax fraud is a serious crime that can have a significant impact on the economy. It is important to report tax fraud to the authorities so that they can investigate […]