Documents Required to unregister NTN in Pakistan?
If you earn an income in Pakistan, own property or a vehicle, or engage in any business activity, then obtaining a National Tax Number (NTN) is a legal requirement. The […]
Importance of Chamber of Commerce and Industry Registration for Businesses in Pakistan
If you’re running a business in Pakistan, it’s essential to understand the importance of Chamber of Commerce and Industry registration. In this article, we’ll explore the benefits of registration, the […]
Understanding Chamber of Commerce Registration in Pakistan
The Chamber of Commerce is an organization that represents the interests of the business community in Pakistan. It is established under the Trade Organization Ordinance 2007, which aims to promote […]
Tax Benefits for IT Companies in Pakistan: Why Registering as a Company is Recommended?
The IT sector is a growing industry in Pakistan with a lot of potential and scope. For taxation purposes, mostly the export proceeds are exempt. Whether one should register its […]
A Guide to Income Tax Return Filing in Pakistan
Filing income tax returns is a crucial obligation for individuals, businesses, and associations of persons in Pakistan. The deadline for filing returns is September 30th each year, and the consequences […]
Exceptions to Advance Tax under Section 147 of Income Tax Ordinance
Section 147 of the Income Tax Ordinance requires taxpayers in Pakistan to pay advance tax. However, there are certain exceptions to this rule. Let’s explore the circumstances where taxpayers are […]
Importance of Maintaining a Business Bank Account in Pakistan
Running a business requires a lot of attention to detail, including maintaining proper financial records. One crucial aspect of financial record-keeping is having a business bank account. In Pakistan, operating […]
Taxation for Residents and Non-Residents in Pakistan
Pakistan has a well-structured tax system that includes taxation of both resident and non-resident individuals and entities. As a resident or non-resident taxpayer in Pakistan, it is important to understand […]
Taxation of Salary Income for Resident and Non-Resident Pakistanis
As a Pakistani taxpayer, understanding the taxation of your income is essential to ensure compliance with the law and avoid any legal issues. When it comes to salary income, the […]
Understanding the Tax Regime in Pakistan: A Guide for Individuals and Businesses
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 […]