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.
Selling property in Pakistan involves various legal and tax considerations. This article focuses on Section 236C of the Income Tax Ordinance (ITO) 2001, which deals with advance tax collected on […]
Purchasing property in Pakistan involves various legal and financial considerations, including advance tax on the transaction. This article focuses on Section 236K of the Income Tax Ordinance (ITO) 2001, which […]
A Guide to Section 26 Scientific Research Expenditure Deductions In the pursuit of innovation and technological advancement, scientific research plays a crucial role. Understanding the tax incentives available for such […]
Unleash Industrial Growth & Tax Savings: Your Guide to Pakistan’s Section 65E For Pakistani companies established before 2011, a powerful tax advantage lies dormant in Section 65E. This guide unlocks […]
Attention businesses in Pakistan! A new regulation regarding advance tax on sales to retailers has been introduced, affecting specific sectors. Let’s break down the details and understand its implications. Who’s […]
Tax withholding can be confusing, especially when it comes to petty expenses. This article clarifies the key points of Withholding Tax and how it applies to small transactions. When do […]
Navigating tax regulations can be daunting, especially for small and medium enterprises (SMEs). The good news is, Pakistan has implemented simplified tax rules specifically designed for SMEs! This article breaks […]
In Pakistan, overpaying your taxes entitles you to a refund, but claiming it requires specific steps. This article outlines the process and key points to remember. Who can claim a […]
In the dynamic tapestry of Pakistan’s economy, small and medium enterprises (SMEs) play a crucial role, contributing significantly to employment generation, GDP growth, and regional development. Understanding the legal definition […]
This article addresses the question of whether non-resident Pakistanis can truly avoid all taxes on their bank deposits under sections 7B and 151 of the Income Tax Ordinance, 2001. While […]
