This category provides foundational knowledge about taxation in Pakistan. It covers essential topics such as tax laws, regulations, and filing procedures. You’ll find valuable information on tax forms, deadlines, and rates, along with essential tips for accurate and timely tax compliance.
Starting and running a business in Pakistan involves navigating a complex array of tax regulations, including understanding which expenses are deductible. This guide simplifies the key rules and limitations around […]
Sales tax plays a crucial role in government revenue generation. However, certain goods are categorized as either zero-rated or exempt, impacting how the tax applies to them. While both categories […]
Filing income tax returns is a crucial aspect of every individual’s and entity’s financial obligations in Pakistan. Failure to comply with this legal requirement can result in severe penalties, which […]
In Pakistan, navigating business regulations can be tricky, especially for small and family-owned businesses. Understanding sales tax compliance, even when there’s no business activity, is crucial. This article explains the […]
As a small business owner in Pakistan, you may find it challenging to navigate the complex world of taxation. However, understanding the various tax laws in Pakistan can help you […]
Taxpayers in Pakistan are required to comply with legal obligations related to taxation. The Federal Board of Revenue communicates with taxpayers through tax notices, which play a vital role in […]
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 […]
When it comes to sales tax returns in Pakistan, there are several different annexures that businesses may need to fill out depending on their specific industry and type of business. […]
Designated Non-Financial Businesses and Professions (DNFBPs) refer to businesses and professions that are not related to financial institutions but are still vulnerable to money laundering and terrorist financing. DNFBPs in Pakistan include real estate agents, dealers of precious metals and stones, lawyers, accountants, trust and company service providers, and notaries.
The Federal Board of Revenue (FBR) has made it easier for Association of Persons (AOPs) in Pakistan to register for their National Tax Number (NTN) by introducing an online registration […]
