Simplify your tax process with the valuable resources and tools in this category. Download tax forms, calculators, and checklists. Access helpful guides and tutorials on various tax topics. This toolkit is designed to help you navigate the complexities of Pakistani taxation.
Operating a business in Punjab, Pakistan, requires compliance with various regulations, including Sales Tax registration with the Punjab Revenue Authority (PRA). This article serves as a comprehensive guide for businesses […]
Receiving a Notice 120(3) from the Income Tax Department can be concerning. This notice indicates that your income tax return for a specific year is incomplete and potentially invalid. This […]
Calculating your taxable income in Pakistan involves understanding your total income and subtracting deductible expenses. Here’s a breakdown of the steps: 1. Gather your documents: Salary slips Business accounts and […]
As the 2024 tax filing season approaches, having your SadaPay tax certificate is crucial. This document details the Withholding Tax (WHT) deducted from your SadaPay transactions throughout the year. Here’s […]
Navigating the e-registration process on the Balochistan Revenue Authority (BRA) portal can be daunting, but fret not! This comprehensive guide breaks it down into bite-sized steps, ensuring your smooth journey […]
Taxpayers registered for Sales Tax and Federal Excise in Pakistan can now easily file “null returns” through the Iris Single portal for tax year 2022 and beyond. This article provides […]
1. Access the Sales Ledger: Log in to Iris and navigate to the main dashboard. Select “Invoice Management” from the Iris mega menu. Choose the “Sales Ledger” submenu. 2. Add […]
This article explores strategies for businesses to reduce their tax burden in Pakistan. Key Concepts: Minimum Tax:Â A fixed minimum tax based on a percentage of turnover (currently 1.5%). Taxable Income:Â Profit […]
Navigating the world of taxes can feel like trekking through an uncharted jungle. But fear not, intrepid taxpayer, for the Federal Board of Revenue (FBR) offers a digital compass to […]
Pakistan’s Federal Board of Revenue (FBR) is taking a significant step towards enhancing tax transparency and curbing evasion with the implementation of an electronic sales tax (e-ST) integration system for […]
