Optimize your tax strategy and minimize your tax liability with the help of this category. Discover smart tax planning techniques, deductions, and expert advice on tax-saving opportunities. Learn how to maximize your tax refunds and minimize your tax burden.
As a non-resident earning income from profit on debt in Pakistan, it is important to understand the tax laws and exemptions available to you. The Income Tax Ordinance 2001 provides […]
Small companies play a vital role in Pakistan’s economy, especially for small and medium-sized enterprises (SMEs). To support these businesses, the Income Tax Ordinance 2002 provides a tax benefit for […]
As a business owner, it is important to understand the concept of set off and carry forward of losses to make informed decisions for your business’s financial health. In Pakistan, […]
Filing income tax returns is an essential obligation for citizens in Pakistan. Despite its importance, many individuals tend to neglect this responsibility due to lack of knowledge or fear of […]
A double taxation treaty (DTT) is an agreement between two countries that aims to avoid double taxation of income earned by residents of one country in the other country. DTTs […]
If you are a taxpayer in Pakistan, you may be familiar with the process of an income tax audit. An income tax audit is a review of your tax return […]
The Sales Tax Act, 1990 (STA) is a law that governs the levy and collection of sales tax in Pakistan. The STA defines an “in-active taxpayer” as a registered person […]
To file an appeal, the taxpayer must file a written notice of appeal with the Commissioner of Income Tax (CIT) within 30 days of the date of the assessment. The […]
Starting a business in Pakistan involves several considerations, and tax planning should be a crucial one. Adhering to the country’s laws and regulations is essential to ensure proper compliance while […]
Taxation is an essential aspect of any country’s economy, and Pakistan is no exception. The government of Pakistan collects taxes from its citizens to fund various social protection programs that […]
