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.
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 […]
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 […]
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 […]
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 […]
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 […]
Sales tax is a form of indirect tax that is levied on the sale of goods and services at each stage of the supply chain. It is one of the […]
As a Pakistani taxpayer, it is important to be aware of the income tax audit procedure. The Federal Board of Revenue has the power to select cases for audit, and […]
Are you interested in starting a company in Pakistan? The process of registering a company can seem daunting, but it doesn’t have to be. By following a few simple steps, […]
As a salaried individual in Pakistan, it is important to understand the taxation laws and regulations governing your income. Similarly, if you own a property and earn rental income, it […]
As a Pakistani resident, it is important to have a clear understanding of the different sources of income and how they are classified in the Income Tax Ordinance. One such […]
