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.
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 […]
Tax appeals are a crucial aspect of the taxation system in Pakistan. They provide an opportunity for taxpayers to challenge the decision of the Inland Revenue authorities and defend themselves […]
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 […]
When it comes to owning a property in Pakistan, it is essential to understand the different types of taxes that are applicable. From Capital Gain Tax to Deemed Rental Income […]
The Federal Board of Revenue (FBR) is responsible for collecting taxes and ensuring compliance with tax laws in Pakistan. One of its key functions is to issue notices to individuals […]
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 […]
Pakistan Single Window is defined as ” means an information and communication technology based facility that allows persons or entities involved in trade and transport to lodge standardized information and […]
Claiming input tax credits (ITC) is crucial for businesses in Pakistan to manage their tax liabilities effectively. However, understanding the limitations and regulations surrounding ITC eligibility can be challenging. This […]
In Pakistan, the share of income tax in overall tax collection has been declining, highlighting the imbalance of direct and indirect taxes. This has pushed millions of Pakistanis below the […]
As a registered person under the Sales Tax Act, 1990, you might be eligible for a refund of excess input tax paid. This article provides a clear understanding of the […]
